PIC makes £55m housing association investment

The investment will be used to help build 1,400 homes by 2026

Holly Roach
clock • 2 min read
PIC makes £55m housing association investment

The Pension Insurance Corporation (PIC) has invested £55m as debt in Northern Ireland-based Clanmil Housing Association.

The firm's investment will be used to help build Clanmil's goal of 1,400 homes by 2026. The investment split between £25 million drawdown until September 2023, and £30 million delayed drawdown u...

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

Mobius adds venture capital British Co-Investment Fund to platform

Mobius adds venture capital British Co-Investment Fund to platform

Provides UK schemes with access to VC through Future Planet Capital managed fund

Jonathan Stapleton
clock 27 March 2026 • 2 min read
Partner Insight: When markets narrow, opportunities broaden

Partner Insight: When markets narrow, opportunities broaden

Navigating equity concentration through systematic breadth

Robeco Institutional Asset Management
clock 27 March 2026 • 6 min read
Church of England Pensions Board to vote against 'climate backtracking banks'

Church of England Pensions Board to vote against 'climate backtracking banks'

Board says move reflects 'longstanding commitment' to act on systemic risks

Michael Holder
clock 26 March 2026 • 5 min read
Trustpilot