Universities Superannuation Scheme Limited (USS), one of the largest pension schemes in the UK, has appointed Dominic Gibb as their new Group Chief Financial Officer (CFO).
Following the announcement made earlier today by Petrobras, USS is pleased to announce that it has reached an agreement with Petrobras in principle to partially settle the securities class action against Petrobras and its related entity, Petrobras International Finance Company, as well as certain of Petrobras’ former executives and directors in the Southern District of New York.
USS is one of 225 investors to sign on to the Climate Action 100+ initiative which launched at the One Planet Summit in Paris on 12 December 2017.
Edinburgh/London, 18 August 2017 — Further to the announcement of 20 April 2017, a Macquarie-led consortium comprising Macquarie Group Limited (Macquarie), Macquarie European Infrastructure Fund 5 (MEIF5) and Universities Superannuation Scheme (USS) has successfully completed the acquisition of the UK Green Investment Bank Limited1 (Green Investment Bank) from HM Government for £2.3 billion.
Universities Superannuation Scheme is now one of the biggest pension schemes in the UK in assets under management (AuM) – with a value of £60.5bn, according to its latest annual Report and Accounts.
Universities Superannuation Scheme Limited (USS), the sole corporate trustee of one of the UK’s largest pension funds, has agreed to acquire a combined 10.94% stake in Kemble Water Holdings Limited, the ultimate holding company of Thames Water Utilities Limited (Thames Water), from investors QSuper, Alberta Investment Management Corporation (AIMCo) and OPTrust. Following completion, USS will become the third largest shareholder in the company.
USS is one of 79 institutional investors supporting ShareAction’s Workforce Disclosure Initiative (WDI) which calls on companies to disclose more information on how they manage their global workforces.
Universities Superannuation Scheme Limited (USS) has acquired the PINE unit trust (PINE), a portfolio of 32 children’s nurseries and one special educational needs school from private equity fund manager Epiris for £95m.
As part of our involvement with Institutional Investors Group on Climate Change (IIGCC), of which USS is a founding member, USS has signed a letter which calls on governments to stand by their commitments to the Paris Agreement at their upcoming Summit in Taormina, Italy on 26 – 27 May.
Read how we implement our commitments to stewardship and summarise our responsible investment activities and outcomes across all our asset classes.
