PF Archive

Lend Lease launches UK infra fund

13 12 2010

Lend Lease has launched its own UK infrastructure fund to recycle capital from its UK PPP business. Dutch pension fund, PGGM Vermogensbeheer is committing 90% of the capital, over £220 million, to the fund. The fund, a limited partnership with an anticipated life of 28 years, will invest in established healthcare, education and accommodation projects in the...