PfP Capital, the socially conscious fund manager focused on the UK Living sector, has rebranded as Thriving Investments.
The new name is more closely aligned with the company’s track record, and ambitions, of creating thriving communities and delivering large-scale regeneration projects, with sustainable, high-quality homes at their centre, via a range of investment platforms and tenures.
Established by Places for People Group in 2017, Thriving Investments currently manages three Living strategies with an AUM of £0.7 billion, on behalf of a diverse mix of investors. To date it has acquired and delivered over 3,500 Private Rented Sector and for-sale homes and has six urban regeneration projects in England and Scotland underway, as it targets the delivery, alongside its partners, of 20,000 homes over the next decade.
Cath Webster, Thriving Investments chief executive officer, commented:
“At our core, we are a fund manager with a social conscience and a distinct purpose – to turn capital wins into community gains. The Thriving Investments name better reflects this philosophy. It also aligns more closely with our strategic focus on creating residential-led communities with high sustainability credentials that have social value at their centre.
“This marks an exciting new chapter in the company’s evolution. As investors seek increased exposure to products that tackle the social issues of the day, and the need for innovative solutions to alleviate the chronic shortage of suitable housing in the UK becomes more acute, our vertically integrated, and genuinely differentiated proposition, is ideally placed to meet these twin demands.”
2023 has seen Thriving Investments achieve a number of significant milestones, including: