We invest Legal & General's capital strategically in direct investments in order to improve returns for shareholders and accelerate Legal & General's evolution and growth.
Legal & General Capital (LGC), the principal investment arm of Legal & General Group, has backed a second fund by Pemberton which plans to lend £500 million to mid-sized UK businesses to support their growth. The commitment follows LGC’s investment in Pemberton’s first, pan-European fund which has currently raised around €1billion and has already invested over £180 million into UK firms. Pemberton expects to hold a first close of the new fund before the end of 2016.
LGC’s commitment to Pemberton aligns with its strategy to invest in socially and economically useful enterprises with a focus on housing, infrastructure and SME finance. Acting as a catalyst for business growth, LGC targets achieving attractive risk-adjusted returns on its investments whilst creating longer-term investment opportunities for other parts of Legal & General Group and institutional investors.
Legal & General Capital (LGC), the principal investment arm of Legal & General Group, is delighted to announce the appointment of StephenHalliwell as its new Chief Financial Officer to support its growth strategy.LGC is a key growth area for Legal & General, investing in socially and economically useful enterprises with a focus on housing, infrastructure andSME finance. Acting as a catalyst for business growth,LGC targets risk-adjusted returns on its investments whilst creating longer-term investment opportunities for other parts of Legal & General Group and institutional investors.
Stephen was previously Chief Financial Officer at 3i Infrastructure plc, the FTSE250 group focused on UK and European infrastructure investments. Having been at 3i since 1998, Stephen played an integral part in the firm’s growth from the IPO of 3i Infrastructure plc in 2007. Managing the operational, financial and reporting requirements for 3i’s Infrastructure business, with £2.5 billion of assets under management, Stephen acted as a key interface with the public markets. His experience also includes acting as Group Finance Director for 3i Group during 2009 and 2010. He previously held the position of Head of Financial Planning and Analysis for 3i Group prior to the listing of 3i Infrastructure plc.
Legal & General Capital (LGC), the principal investment arm of Legal & General Group, has appointed LaurenAitchison as Head of Strategic Land. Reporting to JamesLidgate, Director of Housing, Lauren will lead the management and utilisation ofLGC’s extensive land portfolio with potential for residential and commercial uses. Lauren will also be looking to identify new land investment opportunities, to align with theLGC’s focus on the residential sector.
Lauren was previously Land Manager at Lands Improvement Holdings, a company specialising in unlocking the value of its strategic land bank totalling13,000 plots. With a focus on large-scale residential sites, Lauren’s role combined asset management, development management and land sales. Lauren was previously a Partner with Strutt & Parker in its national development team, responsible for residential and mixed use schemes, acting on behalf of landowners, housebuilders, property companies and institutional clients. Her role included land acquisitions, development appraisals and the marketing of major projects.
Legal & General Capital, the principal investment arm of Legal & General Group, today announced its plans to partner with Newcastle City Council and Newcastle University, to help build and finance the £350 million Newcastle Science Central development.
Science Central will become a major UK hub for scientific research, and technology businesses. The North-East’s new devolution deal creates the opportunity to bring this powerful local vision to life, creating knowledge-based jobs for future generations in Newcastle and extending the Northern Powerhouse to "the North of the North".
MediaCityUK is set to double in size over the next decade under ambitious plans submitted toSalford City Council today (June 7th 2016).
Up to ten new buildings are envisaged with a development value of more than £1 billion. Key features of phase two of MediaCityUK include 50,000 m2 (540,000 sq ft) of offices, 1,800 apartments, retail and leisure, complemented by innovative public spaces with a pedestrian promenade running through the scheme.
Outline approval for the plans was granted in 2006. A condition of that permission was that detailed proposals, including all building designs and specifications, needed to be brought forward this year. The plans are expected to be considered by Salford’s planning panel in September.