AlphaReal, a specialist real assets investment manager focused on secure income strategies, has secured a £240 million ($302 million) investment portfolio of ground rents, long lease real estate and infrastructure assets to manage on behalf of a large U.K. defined benefit pension scheme.
The appointment of AlphaReal to manage this portfolio, in addition to an existing portfolio already managed for the same client, increases this portfolio to more than £440 million ($554 million).
Scott Gardner, partner, business development at AlphaReal said: “The depth of our relationships and the breadth and quality of our proposition made AlphaReal the best choice to be awarded the management of these assets. In challenging times, we continue to grow as we find opportunity and value for our investors.”
AlphaReal invests in U.K. and continental European assets with predictable secure long-term cash flows across a range of investments such as commercial ground rents — w