Socially conscious fund manager PfP Capital has rebranded as Thriving Investments.
The fund manager, which is focussed on the UK Living sector, was established by Places for People Group in 2017 and to date it has acquired and delivered more than 3,500 PRS and for-sale homes.
The fund, which manages three living strategies with an AUM of £0.7bn on behalf of a diverse range of investors, said the new name was 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”.
Cath Webster, Thriving Investments CEO, said: “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.”
