Nest invests €530 in new infrastructure debt fund targeting private market opportunities across UK and Europe
Nest, the UK’s largest pension scheme by membership, has made its first major investment since becoming a strategic partner and international owner of IFM Investors, a global infrastructure investment manager. On 20 May 2025, Nest announced it had committed €530m (approximately £450m) to seed a new infrastructure debt fund managed by IFM, joining 15 Australian superannuation funds. The launch of the infrastructure debt fund is expected to boost investments in UK private market assets, including fibre networks, wind energy, waste-to-energy facilities, as well as bus and rail infrastructure.