Orchard Street achieves first close of inaugural impact fund
Orchard Street Investment Management, the UK focused commercial property investment manager, has announced the launch and first close of its inaugural impact fund, Orchard Street social and environmental impact partnership (SEIP). Just under £90 million (€105 million) has been committed at first close, with Brunel Pension Partnership, one of the UK’s local government pension scheme pools, acting as the fund’s cornerstone investor on behalf of eight of its ten underlying local authority partner funds. This capital also includes co-investment committed...