LGPS-backed infrastructure fund invests in East Coast Main Line Fleet

Hope William-Smith
clock • 1 min read

GLIL Infrastructure has agreed to acquire a 30% equity stake Agility Trains East (ATE) for a rolling stock fleet of 65 new UK intercity trains from Tokyo-headquartered Hitachi Rail.

The £1.8bn fund - which is backed by the Local Pensions Partnership and Northern LGPS - said the investment will provide reliable and sustainable returns for its pension members, while supporting i...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Japanese asset managers intensify dialogue with domestic companies

Japanese asset managers intensify dialogue with domestic companies

Increased stewardship part of drive to improve Japanese corporate performance

Professional Pensions
clock 25 September 2025 • 2 min read
Partner Podcast: Broadening scope, tightening focus

Partner Podcast: Broadening scope, tightening focus

Arpita Bhabhera, Senior Investment Analyst, AllianceBernstein
clock 18 September 2025 • 1 min read
Remove barriers to increase pension scheme investment in UK, urges Pensions UK

Remove barriers to increase pension scheme investment in UK, urges Pensions UK

Trade body’s response to BTC inquiry says ‘systemic’ barriers preventing increased UK investment

Martin Richmond
clock 17 September 2025 • 3 min read
Trustpilot