REAL ESTATE FUND RESTRUCTURE AND SECONDARY ACQUISITION OF UNITS
January 28, 2026 Chief Executive of the Greater Manchester Pension Fund (Officer) Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
...approved consenting to proposed Trust Instrument amendments and a secondary acquisition of units in a real estate fund for £3.4m, delegating the Head of Real Assets to execute documentation after legal review to avoid potential value loss.
Full council record
Content
APPROVED:
Consenting to the
proposed Trust Instrument amendments and the secondary acquisition
of units for a total value of £3.4m and to delegate Kevin
Etchells, Head of Real Assets, to execute documentation, subject to
legal review .
Reasons for the decision
Conditional acquisition of units of
a real estate fund on the secondary market and agreement to a fund
restructure is recommended to avoid the potential of value
loss.
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 28 Jan 2026 |