Aviva private credit portfolio reaches £50bn milestone
Aviva Investors today said its private credit portfolio had reached £50bn, marking a new scale milestone within Aviva’s wider £419bn of assets under management as at 30 June 2025.
Aviva Investors reported that it manages over £40bn in private assets overall, spanning private debt and other illiquid strategies, with a 140-strong private markets team based across four locations.
Within private debt, Aviva Investors offers strategies in structured finance, including private asset-based lending in areas such as aviation and trade finance, alongside private corporate debt through private placements and bilateral loans.
The private debt platform also extends to real estate debt and infrastructure debt, providing exposure to income-generating assets across multiple sectors and capital structures.
On 7 October, Aviva Investors said asset-based finance had moved from a niche segment to a core component of private debt markets, drawing growing allocations from institutional investors including pension schemes and insurers.
Aviva Investors followed this on 12 November with analysis of illiquidity premia in private debt for the third quarter of 2025, examining how changing macroeconomic conditions were affecting return profiles across its strategies.
On 14 January 2026, Aviva Investors published its European infrastructure debt outlook for 2026, stating that the asset class was entering the year in a healthy position, with strong borrower demand but with risks that required careful due diligence.
Aviva has also embedded private markets into its default investment design for UK workplace savers through the My Future Vision strategy, launched for trust-based schemes from 1 October.
My Future Vision allocates between 20% and 25% of assets to global private markets and is structured to support Aviva’s pledges under the Mansion House Compact.This targets 5% in unlisted equities by 2030, and the Mansion House Accord, which targets 10% in private markets by 2030, with 5% in the UK.
--- Sources: https://www.aviva.com/investors https://www.avivainvestors.com/en-us/capabilities/private-markets/ https://www.aviva.com/newsroom/news-releases/2025/09/aviva-announces-a-new-chapter-in-private-markets-investing-for-default-funds/
