Alpha invests GBP1.1bn in long income assets
Alpha Real Capital (Alpha) invested more than GBP1.1 billion in long income assets in 2019 across commercial ground rents, long lease property, social real estate and renewables on behalf of its funds and clients in 2019.
As a result of strong demand from investors, Alpha raised approximately GBP400 million of new commitments from UK pension schemes across its institutional funds and mandates. Alpha now manages more than GBP2.6 billion of long lease property assets and close to GBP500 million of UK renewable energy infrastructure assets with more than 220MW of installed green energy capacity, enough to power more than 94,600 UK homes.
Hugo James, Partner and Head of Long Income, says: “Becoming a signatory of the PRI was another external signal of the importance that we attach to all aspects of ESG. We continue to work with our investors and counterparties to identify how we can improve ESG outcomes across the different asset classes in which we invest. We appreciate the trust that major UK institutional investors have placed in us to help them meet their investment goals. We believe there will continue to be good risk adjusted returns available for our investors from prudent and well researched long income investing.”
Phillip Rose, CEO, adds: "Alpha continues to be strongly focussed on long income assets including ground rents, long lease property and infrastructure. As well as providing investors with secure income and inflation linkage, our long income investments deliver significant wider community benefits including the funding of much needed social infrastructure and clean renewable energy."