AlphaReal, the real assets investment manager focused on secure-income strategies, has won a contract to manage a £240m (€279m) portfolio of ground rents and long-lease real estate and infrastructure assets on behalf of a large UK defined benefit pension scheme.
The mandate is in addition to an existing portfolio already managed for the client, increasing taking the value of the portfolio under management to more than £440m.
Scott Gardner, partner and 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.”
Gordon Smith, fund manager at AlphaReal, said: “We are delighted to have been selected as asset manager for this large, diverse portfolio. The allocation to AlphaReal recognises our expertise in both origination and management of real estate and infrastructure assets, and our experienced team that incorporates operational real estate expertise and fixed income skills.”
AlphaReal works with a wide range of UK, European and international investors, including pension funds and other large institutional investors.
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