Source - LSE Regulatory
RNS Number : 2816Y
MJ Hudson Group PLC
13 January 2022
 

 

                                                                                                                                                13 January 2022

MJ Hudson Group plc

("MJ Hudson", "Company, or "Group")

 

Contract win

Selected by £35bn UK local government pension pool as private markets adviser

 

MJ Hudson (AIM: MJH), the specialist service provider to the asset management industry, is pleased to announce it has won a multi-year contract to advise the ACCESS local government pension scheme ("LGPS") Pool on its illiquid and private markets investments. This is expected to be a multi-million Pound contract, over the next seven years.

 

ACCESS is a collaboration of 11 LGPS Authorities, which enables investments on behalf of more than one million members and 3,250 public sector employers. These consist of almost £35bn of pooled pension assets, as of 31 December, 2021.

 

Matthew Hudson, CEO of MJ Hudson Group plc:

 

"We are delighted at this strong endorsement of our track record and expertise in private markets. As leading institutional investors seek to allocate more capital to private markets, we look forward to helping UK pension plans capture the potentially long-term strong returns available through careful investment in alternative and longer-term investments, and in turn support more than one million pension scheme members, in their retirement.

 

"High levels of activity in the private capital markets, such as private equity, debt and infrastructure is helping support significant Company progress. This is an excellent example of MJ Hudson's growing brand helping us win highly competitive mandates, and the ability of our services to support some of the largest institutions in their engagements with private capital markets."

 

ENDS

 

For further information contact:

 

MJ Hudson Group plc

Matthew Hudson, CEO

Matthew Craig-Greene, CMO

Katherine Hazelden, PR Director

+44 20 3463 3200

 

Cenkos Securities (NOMAD and Broker)

Giles Belleny

Stephen Keys

Callum Davidson

 

+44 20 7397 8900

 

Buchanan (PR Adviser)

Stephanie Whitmore

Kim Looringh-van Beeck

Hannah Ratcliff

 

+44 20 7466 5000

 

About MJ Hudson

 

MJ Hudson is a specialist service provider to the US$100 trillion+ asset management industry, with a focus on its fastest growing segment, private or alternative investments (which include private equity, venture capital, private debt, real estate, infrastructure and hedge funds).

 

As outlined at IPO in December 2019, our growth strategy is to develop and acquire new products and services that are needed by our core customer base of asset managers and institutional investors and to extend this customer base in the key markets of North America, Europe and Asia. Our strategy benefits from the underlying expansion of private markets  and the continuing and growing need for outsourcing and specialist advice as regulation and competition makes operating more challenging for our clients.

 

Founded in 2010 by CEO Matthew Hudson (a lawyer and former private assets  fund manager), we have grown quickly to now support more than 1,000 clients, including 18 of the FTSE 100. Our business is transatlantic, with clients clustered around the major asset management centres of Europe and North America. Our team of 288 staff works out of 10 offices in those same centres.

 

For more information, please visit our website: investors.mjhudson.com/

Linkedin: www.linkedin.com/company/mj-hudson/

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