The £1.4bn Royal County of Berkshire Pension Fund has invested £14.5m in an indirect property mandate with Mayfair Capital.
The local authority fund's investment was made in specie, meaning the consideration was made through the issuance of units, rather than by cash. The scheme is now the single largest investor in t...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
