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The London Fund has received a £55m investment from the Royal Borough of Kingston upon Thames Pension Fund and London Borough of Sutton Pension Fund, taking its total fund assets to £250m.
This week’s movers include those at Legal & General, Vidett, and 3173, among others.
Moving from a CIO position in the U.S., Devitt’s appointment is effective January 15.
London CIV has appointed Macquarie as the fifth investment manager within its LCIV renewable infrastructure fund (LRIF).
A council pension fund that had threatened to become the first to leave its pooling organisation has backed away from the proposal. Kensington &