Civitas Group, the firm that runs the £900m Civitas Social Housing investment trust (CSH), has expanded its client mandates by consolidating all of its asset management capabilities into one £2bn-AUM company.
Civitas Investment Management (CIM), which specialises in government-backed physical assets such as social housing and healthcare, has been created so the group can "achieve measurable social impact at scale" while delivering "consistent long-term return profiles for investors together with value for money for the public purse". Over the next 12 months, CIM will expand its capabilities beyond the UK and into the EU. So far, the new group has formed partnerships with a number of asset and real estate management firms including Schroders, with whom they will generate new care-based housing...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
