DCLG green-lights LGPS infrastructure investment by doubling limits

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The Department for Communities and Local Government has raised the limit for local government pension funds' investment in limited partnerships from 15% to 30%, paving the way for more exposure to infrastructure.

In November, DCLG launched a consultation on doubling the permitted allocation to limited partnerships, which could see an additional £22bn invested in the asset class (PP Online 6 November 2012). ...

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