In The News - Private Equity International - UK Local Council launches impact fund seeking £300 million

The Public Sector Social Impact Fund will invest in solar and wind energy projects, social housing, forestry and special needs schools

A UK local council has joined forces with an asset management compny to invest in domestic companies that deliver social impact.

Northwest England-based Warrington Borough Council has joined forces with Altana Wealth and is seeking £300m ($386; €348) for a fund named Public Sector Social Impact Fund, Omr Ghafur, an Investment Director at PSSIF, told Private Equity International.

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