The Pensions & Private Capital Expert Panels

The Expert Panels are a partnership between the UK pensions and private capital industries to monitor ongoing policy developments, identify areas for further engagement and produce an annual market update on investment activity.

UK Private Capital has convened two expert panels bringing together senior leaders from across the pensions and private capital industries: 

  • The Pensions & Private Capital Defined Contribution (DC) Expert Panel

  • The Pensions & Private Capital Local Government Pension Scheme (LGPS) Expert Panel

The Expert Panels provide a structured forum for cross‑industry engagement, enabling knowledge‑sharing, policy and market updates, and monitoring progress across the current pensions reform agenda. Through this work, UK Private Capital is fostering collaboration between industries to address industry and policy challenges and to support progress on the Government’s Mansion House reforms. 

Defined Contribution: Pensions & Private Capital Expert Panel

The DC Expert Panel brings together representatives from the DC pensions landscape and the private capital industry to consider issues ensuring a broad and senior level perspective on policy development and implementation.

 

Panel Chair

Ben Wilkinson

Ben Wilkinson

Chief Executive Officer, Molten Ventures

Ben Wilkinson was appointed CEO of Molten Ventures in October 2024, having joined the Group as CFO in 2016 and the Board in June 2019.

As CFO, he joined the Investment Committee and led on strategic projects across the business. Ben successfully built Molten’s balance sheet through equity and debt financing, broadening the shareholder register, and led Molten's transition to the Main Market. His efforts were pivotal to the Company's scale and resilience during a period of extensive growth and transformation, including multiple secondary portfolio investments.

Before joining Molten, Ben served as CFO for five years at AIM-listed President Energy PLC. Earlier in his career, he worked in M&A investment banking at ABN Amro/RBS, gaining significant cross-border transaction and corporate financing experience.

Ben is a Chartered Accountant (FCA) with a BSc in Economics from Royal Holloway, University of London. He also serves as a member of Molten's Sustainability Committee.

Panel Members

 

Allan Marchington

Head of Life Sciences
ICG

 

Douglas Hansen-Luke

Founder & Executive Chairman
Future Planet Capital

 

Jonathon Land

Deals Chief Operating Officer & Pensions Partner
PwC
 

Matt Burrell

Head of Public Affairs
Standard Life

 

Neville Howe

General Counsel
NEST

 

Tim Gosling

Head of Policy
People’s Partnership

 

Wyndham North

Managing Director – Capital Formation
British Business Bank

Camilla Richards

Partner & Head of Investor Relations
Atomico

 

Emma Douglas

Wealth Policy Director
Aviva

 

Kerry Baldwin

Co-Founder and Managing Partner
IQ Capital

 

Matthew McNally

Head of Strategic Change
M&G

 

Patrick Shuttleworth

Head of Investor Relations UK & Managing Director
Ardian
 

Tom Hopkins

Chief Operating Officer
BACKED VC

 

Yvonne Braun

Director of Policy - Long Term Savings
ABI

Chris Bulger

Senior Director – Funds & Capital Markets
Vitruvian

 

Jo Sharples

CIO – DC Solutions
Aon

 

Martin Dietz

Head of Diversified Strategies
L&G

 

Naomi Clark

Head of Investment Product Management
USS

 

Stephen Budge

Partner
LCP

 

Veronica Humble

CIO
Natwest Cushon

 

Zoe Alexander

Director of Policy and Advocacy
Pensions UK

 

Local Government Pension Scheme (LGPS): Pensions & Private Capital Expert Panel

The LGPS Expert Panel brings together senior representatives from the Local Government Pension Scheme and private capital industries. The panel provides a forum to consider issues relating to LGPS pools and their interaction with private capital markets.

 

Panel Chair

Rob Barr

Rob Barr

Retired Partner, Pantheon

Rob Barr is a Retired Partner and former Head of Investor Relations for the EMEA at Pantheon. He was responsible for the overall leadership of the Investor Relations team across EMEA. In addition, he has been heavily involved in all aspects of the development and distribution of products for the private wealth and defined contribution markets. Before joining Pantheon, Rob was a Director at Deutsche Asset Management and prior to this worked in private equity for Morgan Grenfell Development Capital.

Rob qualified as a Chartered Accountant (ICAS) with Ernst & Young, having previously worked in industry for Johnson Matthey. He received a bachelor’s degree from Heriot-Watt University, Edinburgh.

 

Panel Members

 

Andy Gregory

CEO
BGF

 

Eamon Nolan

Partner – Head of Investor Relations & Fundraising
YFM
 

Jeffrey Dong

Head of Investment Strategy & Stewardship
Wales Pension Partnership

 

Lorraine Martin

Investment Manager
Strathclyde Pension Fund

 

Mel Butler

Pensions Senior Manager – Investment & Stewardship
Surrey Pensions Team
 

Paul Munn

Executive Chairman and CIO
PXN Group

 

Simon Cunnington

Portfolio Manager
Border to Coast

Clair Alcock

LGPS Scheme Advisory Board Secretary
LGA/Scheme Advisory Board

 

Gary Tipper

Group Managing Partner
Palatine

 

Jill Davys

Head of LGPS
Gallagher Business Services

 

Lucia Villamor

Head of Investor Relations
Endless

 

Neil Sellstrom

Principal Investment Manager
Tyne & Wear Pension Fund

 

Phoebe Rountree

Associate Director – Investor Relations
British Business Bank

 

Tiffany Tsang

Head of DB, LGPS, and Investment
Pensions UK

David Walker

Chief Investment Officer
Hymans Robertson

 

Jaswant Sidhu

Investment Director, Private Equity
LGPS Central

 

Lorna Kelly

Strategic Development Director
Maven Capital Partners

 

Lucie Mills

Partner
NorthEdge

 

Paddy Dowdall

Investment Director – Local Investments
LGPS Central

 

Sarah Forster

CEO and Co-Founder
The Good Economy

 

Tony English

Head of LGPS Investment
Mercer

Core Objectives

The Expert Panel will be tasked to:

  • Build relationships and represent the key stakeholders from the private capital and pensions industries and foster the constructive working relationships necessary to deliver the desired outcomes from the Mansion House Accord and the Investment Compact for Venture Capital & Growth Equity.  
  • Oversee the project work required to ensure that the Accords desired outcomes are advanced as far as possible in the next year and that, through regular public reporting, there is accountability to industry and external stakeholders (including HM Treasury and the Pensions Regulator).
  • Agree the key structural, technical and other issues which must be addressed to deliver the Mansion House Agenda’s desired outcomes and approve the high-level project plan and workstreams of the working group to support the work of the Expert Panel.
  • Engage appropriately (either directly or through the two Expert Panels) to improve the level of understanding between the private capital and pensions industries and foster a greater understanding of the role of venture capital and growth equity in delivering returns for beneficiaries; liaise with the City of London Corporation and others responsible for the delivery of the Mansion House Accord to ensure the objectives and related work are complementary and focused on shared outcomes.
Identifying Solutions

The Expert Panels will focus on identifying solutions to the key structural, technical and wider issues that currently prove a barrier to pension fund investment into private capital, and will help steer consideration of practical solutions to support implementation across both the DC and LGPS markets.

Market Updates & Reporting
The Expert Panels will produce annual market updates on investment activity and may provide stakeholders with policy recommendations and cross-industry perspectives on key developments.
 

Pensions and Private Capital Showcase Event 2025

Watch highlights from UK Private Capital’s inaugural Pensions and Private Capital showcase event – bringing together pensions and private capital firms to highlight the work of today’s vibrant UK venture and growth capital sector. The event featured a keynote address from Lord Vallance, Minister for Science, Innovation, Research and Nuclear.

Expert Panel reports

Read all reports published by the The Pensions & Private Capital Expert Panel, below.