West Midlands Pension Fund has made a new investment in a consortium of UK airports, including Birmingham Airport, through LGPS Central’s latest Infrastructure Fund in partnership with Macquarie Asset Management.
This investment forms part of WMPF’s growing portfolio of UK infrastructure assets, which are designed to deliver attractive risk-adjusted, often inflation linked, returns for our portfolio while supporting long-term national growth. It also aligns closely with the UK Government’s ambitions to increase pension fund investment in productive UK private assets.
Birmingham Airport, co-owned by the West Midlands metropolitan authorities, is a key gateway for trade and travel across the region. By investing alongside local and regional stakeholders, the Fund continues to demonstrate its commitment to productive investment that delivers value for members and supports the local economy.
Paul Nevin, Director of Investment at West Midlands Pension Fund, said: “This investment reflects our commitment to long-term, responsible investment that delivers for our members and the wider economy. Strengthening regional infrastructure, including Birmingham Airport, supports jobs, connectivity and sustainable growth across the Midlands and beyond.”
This latest addition to the Fund’s infrastructure portfolio underlines WMPF’s role as an active, responsible investor with a focus on sustainable, long-term value creation for its members and communities.
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