LTAF · Multi-Asset · Domiciled in United Kingdom
Pension Growth Alternative Strategies LTAF
Managed by BlackRock, US. Product design, fees, liquidity terms and AuM development, tracked monthly by Novantigo.
About this fund
Pension Growth Alternative Strategies LTAF is a multi-asset vehicle managed by BlackRock and domiciled in United Kingdom, launched in 2024 and denominated in GBP. It is constituted as an authorised contractual scheme and operates as an open-ended fund under the LTAF regime, the UK framework designed to hold illiquid and long-term assets inside a dealing structure rather than a closed-ended drawdown one. Distribution is domestic, so the investor base is drawn from UK pension and professional channels rather than cross-border wrappers such as ELTIF.
The LTAF format shapes how capital moves through the vehicle: investors subscribe and redeem at net asset value on a periodic dealing cycle supported by notice periods and liquidity management tools, which is what allows a multi asset portfolio spanning private and listed exposures to be held without a fixed term. Capital is deployed on an evergreen basis rather than through commitments and capital calls, and the open-ended structure means asset allocation is managed alongside ongoing flows instead of a finite investment period.
Within the Novantigo universe of 494 funds, it is one of 62 multi-asset strategies and one of 31 funds domiciled in United Kingdom, narrowing to 13 vehicles that combine both. Reported assets stand at as of 31 Aug 2026, with a recent trajectory of , both measured against the same peer sets.
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Fees & costs
- Entry fee
- Redemption fee
- Management fee (retail, low)
- Management fee (retail, high)
- Management fee (institutional, low)
- Management fee (institutional, high)
- Early-investor fee
- Fee basis
- Operating expenses
- Distribution fee
- Total cost ratio
- Performance fee
- Hurdle rate
- High-water mark
Portfolio construction
- Fund-of-funds share
- Primaries share
- Secondaries share
- Directs share
- Co-investments share
- Liquidity pocket
- Europe allocation
- North America allocation
- Asia-Pacific allocation
- Latin America allocation
- Rest-of-world allocation
Terms & scale
- Latest AuM
- Target size
- Target IRR
- Life span
- Redemption gate
- Lock-up penalty
- Leverage limit
- Leverage (AIFMD)
- Share classes
- Master-feeder setup
Key facts
Structure
- Manager
- BlackRock
- Fund type
- LTAF
- Legal structure
- ACS
- Regulatory regime
- LTAF
- ELTIF version
- N/A
- Fund structure
- Open-End
- Inception
- 07 Nov 2024
- Base currency
- GBP
Strategy
- Asset class
- Multi-Asset
- Strategy
- Multi Asset
Access & distribution
- Distribution scope
- Domestic
- Distribution countries
- United Kingdom
›Frequently asked questions
- Who manages Pension Growth Alternative Strategies LTAF?
- Pension Growth Alternative Strategies LTAF is managed by BlackRock, headquartered in US.
- What is an evergreen fund?
- An evergreen fund is an open-ended private markets vehicle with no fixed end date: investors subscribe and redeem at recurring intervals instead of committing to a closed fund term.
Sourced from prospectuses, KIDs, factsheets and regulatory registers. Data as of 31 Aug 2026.