GLIL Infrastructure has partnered with London-based Arcus Infrastructure Partners to purchase energy infrastructure provider Smart Meter Assets 1 (SMA).
LocalGov co uk - Your authority on UK local government - Local authority pension group s fund secures £50m investment localgov.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from localgov.co.uk Daily Mail and Mail on Sunday newspapers.
Local Pensions Partnership Investments, London CIV and the London Pensions Fund Authority (LPFA) have announced that The London Fund has secured a further £50m of investment, bringing their total investment capital to £150m.
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LPFA adds $69 million to London-focused real estate strategy
Panoramic aerial skyline view of London.
London Pensions Fund Authority committed a further £50 million ($69 million) to real estate strategy The London Fund, a spokeswoman confirmed.
The London Fund was created by local authority pensions pool London CIV and Local Pensions Partnership, London, an asset and liability management pensions pool. The two entities also manage the fund, which focuses on residential real estate, affordable housing, community regeneration, digital infrastructure and clean energy in London.
In December, the LPFA committed £100 million to the fund. We firmly believe that The London Fund provides a great way for us to deliver for our fund members and provide a direct benefit to communities in London, said Robert Branagh, CEO of LPFA, in a news release Tuesday.