The Greater Manchester Pension Fund has made a commitment to Henley Investment Management’s Secure Income Property Unit Trust II (SIPUT II), reported LAPFInvestments.
SIPUT II has a target funding commitment of £200 million ($259 million) annually as an open-ended fund and is making investments in the U.K. social housing sector, looking to generate secure income returns while creating significant social value. The fund will provide additional Specialized Supported Housing in the United Kingdom for individuals classified as vulnerable through learning disabilities, autism or mental-health needs and those with additional care requirements.
“We are delighted to be partnering with the Greater Manchester Pension Fund in investing in Specialized Supported Housing across the United Kingdom, and we understand their d
