Merseyside and Tyne & Wear schemes join Hearthstone private equity housing fund

James Phillips
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Merseyside and Tyne & Wear schemes join Hearthstone private equity housing fund

The Merseyside and Tyne & Wear pension funds have joined as limited partners in the final investment round of Hearthstone Investment Management's ten-year closed-ended private equity fund.

The Hearthstone Residential Fund 1 (HRF1) now includes seven funds within the Local Government Pension Scheme (LGPS). Just over £200m has been invested via the fund which has now announced its final close...

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