The new commitments come from Avon (£50mn), Gloucestershire (£50mn), Devon (£40mn) and Clwyd (£10mn) LGPS and include co-investment to deliver affordable homes in specific geographic areas. This follows a £50mn capital raise from London CIV, the investment pool for 32 of London’s Local Government Pension Schemes, and an additional £10mn from Better Society Capital, the UK’s leading social impact investor.