The move builds on the Mansion House Accord agreed in July, and will be launched at the government’s inaugural Regional Investment Summit in Birmingham.
Pension funds are expected to drive the continuing growth of private markets assets, with infrastructure and private debt expected to overtake real estate in value globally.
GLIL Infrastructure has teamed up with UK asset manager Equitix and Austrian construction firm Strabag to run a major upgrade of the Haweswater Aqueduct in the Lake District.
Plus: Legal & General and Federated Hermes merge property funds to create £4.7bn vehicle.
WTW’s defined contribution master trust has allocated to the Schroders Greencoat Global Renewables+ long-term asset fund.
The £330m move will see the master trust support innovative companies like Kensa, which manufactures ground source heat pump technology.
Mobius’s Hugh Cutler explores how the defined contribution landscape has changed – and what pension schemes and providers must do to keep ahead of the curve.
One DB and one DC scheme announce £100m and £48m private markets mandates, respectively.
The acquisition will boost Royal London’s UK infrastructure investment capabilities, bringing on board 130 infrastructure assets across five funds worth £6bn in total.
The investments follow Nest’s acquisition of a 10% stake in the Australian infrastructure specialist, which was announced in February.