London CIV selected four managers to manage a new allocation to renewable infrastructure and two managers to manage a new allocation to private debt, according to a news release.
The pool of London local authority pension funds picked funds managed by BlackRock, Foresight Group, Quinbrook Infrastructure Partners, and Stonepeak Global Renewables Advisor to manage a £435 million ($602 million) allocation to renewables.
A further £300 million is expected to be invested across the funds by London CIV.
Separately, London CIV selected funds managed by Churchill Asset Management and Pemberton Asset Management to manage a £290 million allocation to private debt. A further £150 million will be invested in private debt by the pool by the end of the year.
"London CIV is delighted to be adding these new funds to our current offering ... Launching the funds by the end of March was a challenging target, but we have, nonetheless, succeeded in demonstrating our commitment to delivering the right solutions for our investors and on time," Mike O'Donnell, CEO of the London CIV, said in the news release.
A spokeswoman could not be reached to provide details of the funds selected by London CIV.
London CIV had £12.6 billion in assets under management in March.
