Wales Pension Partnership awards £2bn real estate brief to Schroders Capital

Mandate will target impact opportunities delivering positive social impact and decarbonisation strategies

Holly Roach
clock • 2 min read
Wales Pension Partnership awards £2bn real estate brief to Schroders Capital

The £23bn Wales Pension Partnership (WPP) has awarded Schroders Capital a £2bn real estate mandate set to target impact opportunities across the UK that support the Local Government Pension Scheme (LGPS) pool’s net-zero ambitions.

The mandate builds on a £500m brief the fund awarded Schroders Capital early last year to invest in global private equity. Schroders Capital is set to invest up to £400m in positive impact and l...

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