LGPS Central Ltd. has invested £200 million in M&G Real Estate Debt Funds, according to a press release by M&G.
This news comes with the announcement of M&G’s first close of its latest vintage of Real Estate Debt Funds. The fund raised a total of £350 million. Along with LGPS, £100 million was committed by Prudential With Profits Fund and £25 million from an undisclosed UK insurer.
LGPS Central Limited manages £28 billion under their stewardship and £56 billion in collective assets of Partner Funds.
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