The liquidity hurdle of illiquid assets in buy-out transactions
Illiquid assets can be attractive investments for pension schemes and they have become a relatively larger portion of pensions schemes’ overall portfolio. However, they can also present a liquidity hurdle for schemes that are seeking buy-out. In the latest edition of Pensions Aspects, associate Emma Scott explores why holding illiquid assets can be a barrier to buy-out and the approaches schemes are taking to overcome this liquidity hurdle.
You can download Pensions Aspects and read Emma’s piece on pages 22-23, here (a membership is required to access).
