Our Core Plus Fund is managed by Third Way Investment Partners. We have structured The Core Plus Fund as a Debt Fund of Funds. The Fund is compliant with Regulation 28 of the Pension Funds Act 1965 which states:
“A Pension fund may invest up to 5% of its total assets (fairly valued) in Unlisted Debt Instruments from a particular issuer and, in aggregate, may invest up to 15% of its total assets (fairly valued) in Unlisted Debt Instruments.”
Fund Update – Diversification
Third Way Investment Partners has a diversified institutional infrastructure investment strategy with focus on energy. We target a blended return of CPI plus 4% (risk adjusted returns enhanced by diversified secondary and co-investments program).
The Fund is dispersed four ways. It gives exposure to alternative energy technologies, while it has exposure to over 20 projects. The expected returns’s current exposure are averaging 11.5% which is way over the targeted CPI + 4%.
Through this, we provide SA Institutional Investors diversified access to the fast growing alternative energy and infrastructure opportunity set. We utilise a Core Plus investment strategy, by allocating to best of breed Primary Managers enhanced with opportunistic secondary and co-investment allocations.