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Hammersmith and Fulham invests £30m in housing fund with Man Group
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The fund aims to build affordable homes for young families and key workers
The London Borough of Hammersmith and Fulham Pension Fund (LBHF) has invested £30m in a Man Group housing fund.
The allocation to the Man Global Private Markets (Man GPM) Responsible Investment Community Housing Fund means three Local Government Pension Scheme (LGPS) funds have now invested in the product.
Initial commitments had been made by Big Society Capital (BSC), Schroders BSC Social Impact Trust, and the Swansea and Strathclyde LGPS funds on the way to Man s target of a £400m total raise. ....

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