Real assets.
Long-term relevance.

We explore investment themes connected to the physical and nature-based foundations of the economy: energy systems, infrastructure, land, and property.

Tangible assets with an economic purpose.

Real assets derive much of their value from physical use and the services they provide. They may offer diversification, asset backing, and potential sensitivity to inflation, but they can also involve development, operational, market, environmental, regulatory, and liquidity risks.

Our starting point is the underlying asset: what it does, who needs it, how value may be created, and what could prevent the plan from working.

Where we are looking.

New energy

Battery energy storage, ground- and roof-mounted solar, onshore wind, and the potential for co-located generation and storage.

Sustainable infrastructure

Physical assets that can support a changing economy, with attention to essential use, long-term demand, resilience, and resource efficiency.

Forestry

Productive land managed over long time horizons, considered through commercial performance, stewardship, and environmental resilience.

Real estate & housing

Property opportunities connected to the strategically important UK housing market and the underlying need for homes and places.

Natural capital

Assets and projects intended to protect or restore nature while creating a clear and credible route to long-term value.

Explore new energy in detail →

Every opportunity needs its own scrutiny.

All investments carry risk. Values and income can fall as well as rise, capital is at risk, and past performance is not a reliable indicator of future results. Real assets can be illiquid and may be difficult to sell quickly.

This website provides general information only. It is not an offer, recommendation, or investment advice. Prospective investors should review the relevant documentation and obtain independent professional advice before making a decision.