Total institutional funds under management (FUM) at Octopus Investments have increased by £2 billion in the last year to reach £4.6 billion.
Over the past 12 months, the company has raised significant sums of money for a number of noteworthy initiatives, such as its care home strategy, which aimed to meet the needs of the aging population, and mandates to increase investment in renewable energy infrastructure.
Through its care home strategy, Octopus was able to attract over £400 million in funding from investors, including collective and individual local government pension plans as well as foreign investors from the Netherlands, Scandinavia, and Japan.
The company raised more than £800 million for its investment in renewable energy infrastructure, with plans to use the money for initiatives across the UK and Europe.
The company is involved in sustainable infrastructure, venture capital, healthcare real estate, and commercial real estate.
Additionally, Octopus increased its pool of international institutional investors by 50%.
"Our client base has long been interested in private markets with a sustainable tilt, but we have seen a step change in commitments in the past year with additional capital being allocated to our strategies from investors across the globe," said Chris Hulatt, co-founder of Octopus Group.
"Healthcare and renewables are two particularly dominant trends, with the climate crisis and global pandemic putting a sharp focus on the role for private capital to drive tangible, positive change against these themes."
The firm has also set a number of priorities for 2022.
This includes maximizing opportunities for the global energy transition, promoting investment in UK growth companies, and taking advantage of the rising interest from Middle Eastern, Korean, and Japanese investors in UK private markets.
By fLEXI tEAM
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