GCM Grosvenor has been appointed by the Wales Pension Partnership (WPP) as its partner for infrastructure investments.
The WPP was established in 2017 and is a collaboration of the eight Local Government Pension Schemes (LGPS) funds in Wales. GCM Grosvenor said the partnership with WPP is the result of extensive collaboration to create an infrastructure solution that suited each pension scheme’s requirements.
GCM Grosvenor’s global infrastructure practice manages more than $11 billion in assets.
“Our mission is to provide solutions that help our clients meet their goals,” said Jon Levin, president of GCM Grosvenor. “We are excited to be working with the WPP to apply the breadth of our infrastructure capabilities to address the WPP’s specific areas of focus, including generating attractive risk-adjusted returns, sustainability and regional economic growth.”