Avon Pension Fund is excited to announce a £50 million commitment to invest in local businesses. Investment manager, Foresight, will put Avon Pension Fund’s money to work, creating high-quality local jobs and driving business innovation in the region.
Building on our existing investments in local renewable energy assets and general needs affordable housing schemes, this latest commitment brings our total local investments to over £150 million.
The south-west offers abundant opportunities, and we are dedicated to supporting small and growing companies in the region. Our investments will help these businesses achieve their ambitions, support the local economy, and deliver positive social outcomes. We will invest across a broad range of sectors, tailoring our support to meet the needs and plans of each company. This commitment will strengthen the business community in the region for the long-term, while delivering strong returns for our members.
There is a demand for funding for small and medium sized companies, and investment is crucial to ensure local businesses can reach their full potential. We’re very pleased to support this fund with a £50 million commitment.
We see great potential in the businesses located across the region and we believe this Fund will support the creation of high-quality, local jobs and positively impact the local economy.
This local business investment is made in partnership with Devon Pension Fund; a Brunel fund that shares our goal of generating positive environmental and social impacts in the region.