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FUNDRAISING NEWS | July 24, 2024

LGPS Invests £150m in Affordable Housing Fund

Tags: Pension Funds, Real Assets

LGPS Central committed £150 million (approximately $194M) to Octopus Affordable Housing Fund according to a July 18th News Release by Octopus Investments. 

The new commitments come from Avon (£50m), Gloucestershire (£50m), Devon (£40m) and Clwyd (£10m) LGPS, and include co-investment to deliver affordable homes in specific geographic areas. 

The Fund previously announced its first close with £50 million from London CIV and £10 million from Better Society Capital in December.

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Written By: Helen Bascom, Marketing Associate

Helen Bascom is a Marketing Associate at Dakota.

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