as at 13 Oct 2026
Insurance Asset News
Private Credit

M&G launches £74m private-credit LTAF with UK DC focus

By IAN Editorial Desk
13 October 2026·1 min read
Primary source: group.mandg.com

M&G's With Profits Fund contributed part of the launch capital.

M&G announced the launch of its Diversified Private Credit Feeder Long-Term Asset Fund on 12 October 2026, with £74m in launch capital. The manager said the fund would focus on UK defined contribution pension schemes broadening their allocations beyond public markets.

The launch capital includes a contribution from M&G's With Profits Fund. Neil Godfrey, global head of client group at…

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