Avon Pension Fund

About the fund

Octopus Investments' Affordable Housing Fund is a UK-domiciled real estate vehicle that has raised £118 million to address housing affordability challenges across the European market. The fund attracts institutional capital primarily from local government pension schemes, with Strathclyde Pension Fund contributing £50 million and repeat investments from London CIV and Avon LGPS. Managed by Octopus Capital, the fund deploys capital into residential property developments and existing assets that expand access to affordable housing solutions. It represents a growing trend of pension fund allocation toward impact-oriented real estate investments that combine stable returns with measurable social outcomes in the housing sector.