Alternative asset manager Gresham House is set to launch a residential property strategy targeting institutional investors and Local Government Pension Scheme (LGPS) funds.
The Gresham House Residential Secure Income Limited Partnership will help schemes access “under-addressed” UK shared ownership property investment opportunities, where it said it can deliver a quantifiable social impact.
The strategy will invest through a wholly-owned subsidiary which is a registered provider of social housing, proving investors with access to government grant-funded properties at a bulk discount.
Gresham House plc (LON:GHE) is a London Stock Exchange quoted specialist alternative asset manager offering funds, direct investment and tailored investment solutions, including co-investment, in public equity, private assets, forestry, new energy and housing.