We invest Legal & General's capital strategically in direct investments in order to improve returns for shareholders and accelerate Legal & General's evolution and growth.
Legal & General Capital (LGC) has today completed its investment into Newcastle Science Central in partnership with Newcastle City Council and Newcastle University to deliver a major UK hub for scientific research and technology business. LGC’s latest transaction follows a year of significant deals into UK-wide regeneration, housing, infrastructure and technology projects.
Legal & General Capital (LGC), the principal investment arm of Legal & General Group, has further expanded its clean energy infrastructure platform with investment into two Oxford-based businesses, part of a strategy to back innovative technologies which respond to a rapidly changing global energy market. LGC utilises its long-term capital to invest in sectors and enterprises where there is a structural financing gap, and where its backing can allow businesses to thrive, in turn acting as a catalyst for further institutional investment.
Legal & General Capital (LGC), the principal investment arm of Legal & General Group, with Woodford Investment Management and the British Business Bank, has today invested in Accelerated Digital Ventures (ADV), a new and innovative venture platform funding digital businesses across all stages of the funding cycle, from entry to exit.
Legal & General Capital (LGC), the principal investment arm of Legal & General Group, announces that Pemberton which is 40% owned by LGC has completed the final close of its inaugural European Mid-Market Debt Fund (the Fund) with €1.2 billion of commitments.
Legal & General Capital (LGC), the principal investment arm of Legal & General Group, has backed a second fund by Pemberton which plans to lend £500 million to mid-sized UK businesses to support their growth. The commitment follows LGC’s investment in Pemberton’s first, pan-European fund which has currently raised around €1billion and has already invested over £180 million into UK firms. Pemberton expects to hold a first close of the new fund before the end of 2016.
LGC’s commitment to Pemberton aligns with its strategy to invest in socially and economically useful enterprises with a focus on housing, infrastructure and SME finance. Acting as a catalyst for business growth, LGC targets achieving attractive risk-adjusted returns on its investments whilst creating longer-term investment opportunities for other parts of Legal & General Group and institutional investors.