Forestry | Wind,Solar
Corporate Private Debt | Infra, Corporate & Real Estate Debt
Build to Rent | Education, Public Sector | Healthcare | Global | Affordable Housing
Water | Digital | Transportation | Electricity | Core Infrastructure | Transition Assets
Growth Private Equity | Venture Capital
Helping to address the UK’s shortage of high-quality affordable homes
Harnessing the power of clean energy to help to tackle climate change
Helping developing nations to lower their carbon emissions.
Investing in entrepreneurship
Large global infrastructure projects
Legal & General has been an active supporter of the UK university ecosystems for over 10 years, partnering with universities across asset management, real estate development and supporting the scale up and commercialisation of UK science and innovation through investment in university spinouts.
Investing for a net-zero economy
Working with partners to invest in core infrastructure assets based around four areas:
Legal & General Affordable Homes aims to help improve people’s lives and ensure that everyone has access to a safe and secure space to call their own.
Legal & General Investment Management (LGIM) and specialist renewable energy asset manager, NTR, have joined forces. By aiming to attract institutional capital into clean power assets, they are helping to fight the climate emergency through the L&G NTR Clean Power (Europe) Fund.
https://www.lgim.com/uk/en/real-assets/responsible-investing/clean-power/
A very sizeable proportion of the increase in greenhouse gases emanates from Emerging Markets and Developing Economies (EMDEs).1
Key to supporting these countries in reducing these emissions is to finance the new infrastructure and industries that will help their transition paths. Private credit markets can aid in this, as they can provide swift and targeted borrowing, outside of the wider public markets. We are working with partners to deliver some of this funding.
These types of loans pay commercial rates of interest, so as well as helping to smooth less developed nations’ transition to a lower carbon future, we believe they can be a compelling investment proposition.
Legal & General Affordable Homes
1. Beauhurst data, Spotlight on Spinouts 2024 | Free Report | Beauhurst; last 3 years is 2021-2023 inclusive.
2. As at 30 June 2023, includes value of L&G direct debt and equity investments and aggregate commitments to
be provided by partnerships with others. 3. Beauhurst data, Spotlight on Spinouts 2024 | Free Report | Beauhurst.
15,000
1. Beauhurst data, Spotlight on Spinouts 2024 | Free Report | Beauhurst; last 3 years is 2021-2023 inclusive. 2. As at 30 June 2023, includes value of L&G direct debt and equity investments and aggregate commitments to be provided by partnerships with others. 3. Beauhurst data, Spotlight on Spinouts 2024 | Free Report | Beauhurst.
1.3m
145,000
Over £14.5bn has been invested in UK university spinouts over the last 10 years with over £6.7bn in the last 3 years1
L&G has committed over £7.5bn of support to the university ecosystems across its investments and partnerships2
Established long-term partnerships with university spinout platforms across Oxford, Cambridge and the North East of England, giving exposure to 3
of the top 5 UK universities for university spinouts by volume3
Select a Sector
$9.2tn
the estimated average global cost needed for physical assets and land-use systems to reach net zero by 2050.1
€840bn
families on local authority waiting lists across England alone1
the number of homes that Legal & General Affordable Homes has built
new affordable homes needed a year2
Renewable power generation
Electrification
Low carbon fuel
Carbon capture
per year
1.According to the World Economic Forum this proportion is on a trajectory to reach over 95% in the next few years. 3 actions to accelerate emerging market climate transition | World Economic Forum (weforum.org)
amount of money that the European energy transition represents in terms of opportunities for investors looking to put capital into sustainable infrastructure that aims to drive Europe’s
de-carbonisation.2
52,000
average annual number of affordable homes built3
long term with a significant holding
enables us to manage both the cash flows and the financials but also the project’s approach to ESG
Infrastructure
=
=
1. Estimated average annual number over last 40 years. DLUHC, Local Authority Waiting Lists as at Jan 2024. 2. Heriot-Watt University & National Housing Federation – Housing Supply Requirements across Great Britain, 2019. 3. 51,980 affordable homes built a year in England over 12-year period. DLUHC, Affordable Housing Supply Statistics live tables as at June 2024.
1. McKinsey & Company, 2022. 2. Bloomberg New Energy Finance (2021), The EU Fit For 55 Plan Unpacked.