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Investors | Mar 25, 2025

Thriving Investments launches €259m Greater Manchester essential worker housing fund

by Released

Thriving Investments, a socially conscious fund manager that is part of leading U.K. social enterprise Places for People (PfP) Group, has secured an initial £30 million (€36 million/$39 million) of equity commitments from Greater Manchester Pension Fund (GMPF), Better Society Capital (BSC) and Places for People Group, for its newly formed New Avenue Living Greater Manchester Housing Fund. With the Greater Manchester Combined Authority (GMCA) providing an initial £10 million (€12 million/$13 million) loan, the fund structure provides a blueprint for how public and private capital can work together to deliver place-based impact projects across the United Kingdom. 

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