TPT Investment Management (TPTIM), the investment management company part of the TPT Retirement Solutions group, has completed the successful launch of a new Liquid Alternatives Fund, a collective investment vehicle aimed at UK pension schemes.

The vehicle has been seeded with capital from TPT’s DB master trust and has c£800m in assets invested in a broad spectrum of liquid alternative investment opportunities across credit and equity markets.

According to a press statement, the fund – TPTIM’s fourth in a series of seven planned launches – benefits from the firm's scale to offer exposure to risk premia with a low correlation to listed equity and credit markets.

The new collective investment vehicles are designed by TPTIM to provide pension schemes with easy access to a wide range of investment strategies.

The collective investment vehicles will enable pension schemes joining TPT to immediately achieve scale benefits across asset classes by aggregating with the assets in the master trust. In this way, TPTIM will build on the successful model of scheme consolidation – pooling assets to deliver value and impact – to the benefit of pension schemes.

Access to the new funds is available through TPT’s new fiduciary management service, which the firm says "enables schemes to benefit from increased diversification, better value through economies of scale, high quality governance, and ongoing investment expertise".