Wealth Club launches ‘UK first’ private markets SIPP

Wealth Club has launched a dedicated private markets self-invested personal pension (SIPP), aiming to provide a “mind-shift” to long-term investment horizons amid high market volatility.

The non-advisory investment service for high net worth (HNW) investors said this was the UK’s first dedicated private markets SIPP.

Investors can choose from a range of private equity funds from managers including Brookfield, CVC, and EQT, with pension investments starting from £10,000.

At launch, there will be 12 funds from 10 managers across private equity, venture capital, multi-asset, secondaries, infrastructure, and private credit.

Wealth Club added there was also a “considerable” pipeline of funds to come, and investors can transfer existing pensions or make new contributions.

''This is a great opportunity for experienced investors to add a slice of private markets to their pensions,” commented Wealth Club founder and CEO, Alex Davies.

“It marks a big shift in access to this part of the market, which has until recently been largely the preserve of institutions and the ultra-wealthy.

“Wealth Club has been offering private market funds to investors outside of a tax wrapper for just over a year. Now this high-performing asset class will be accessible to a much wider pool – in a pension.”

With volatility in public markets, Davies argued that investing in private markets could provide an opportunity to drown out the noise and concentrate on long-term investment horizons.

“Private market investments by their very nature are long-term and should help investors ride out the disruption,” he continued.

“History has shown that private markets are largely stripped of the emotions which dominate and drive public markets in times of conflict.''

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