Man Group to plough £400m into affordable housing

Ilke-Brookvale-019 RETOUCHED

World’s largest listed fund manager the latest institution to raise cash to fund new build housing

Global investment manager Man Group has raised £400m to invest in building 3,500 new homes, in a deal supported by housing quango Homes England.

The firm, working through its Global Private Markets business, set up its Community Housing Fund last year, and said it has now raised its target of £400m, including £20m from Homes England.

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