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.
Aegon has received regulatory clearance for two long-term asset funds (LTAFs) as it continues to add private markets exposures to its defined contribution master trust.
The two pension schemes have contributed to an initial £100m capital raise for the Newcore Social Infrastructure Income Fund.