Brunel stakes €50m on infrastructure
0LGPS pool Brunel Pension Partnership has confirmed a €50m investment in infrastructure.
It announced a commitment of €50m to Mirova’s CIF2 on behalf of its six clients that have allocated to the Brunel Infrastructure Portfolio.
Brunel brings together £30bn investments of 10 like-minded local government pension scheme funds.
Gillian De Candole, investment principal in Brunel’s private markets team, said: “Mirova has a strong reputation for generating attractive returns for investors via sustainable investment and strong ESG processes.
“This fund is a good fit with both our clients’ return expectations from infrastructure, but also their combined commitment to be responsible, long-term owners of sustainable investments.”
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