Newcore strengthens leadership team with new Head of Institutional Capital
category
News
date
July 8, 2024
- Newcore has appointed Anne Copeland as Head of Institutional Capital and responsibility for creating and managing funds for the firm’s institutional clients
- Copeland has 29 years of relevant experience – previously Co-Head of Social Infrastructure at Alpha Real Estate and at Aviva and Aegon – where she pioneered the development of healthcare and housing focused funds.
- Copeland will join officially in August.
Newcore Capital, a UK-focussed real estate investment manager specialising in social infrastructure, has created a new role in the senior management team by appointing Anne Copeland as Head of Institutional Capital. Copeland will work directly with Chief Operating Officer Neil Sarkhel and other members of the senior team, to create and manage funds for Newcore’s institutional clients.
Copeland brings with her over 29 years of experience to the role, having previously served as Co-Head of Social Infrastructure at Alpha Real Estate, where she spent nearly two years. Anne has also held senior fund management roles at Aegon, Aviva, and Schroders, and pioneered the development of specialist funds focused on social infrastructure, healthcare and housing.
Anne is the eighth hire in the past year – including the recently appointed Charles Week as a Senior Advisor – as Newcore continues to grow as a sustainable capital management social infrastructure investment business for institutional investors and family offices. Her addition has achieved a 50/50 male-to-female ratio within the senior management team.
Hugo Llewelyn, CEO, Newcore Capital, said: “We are delighted to welcome Anne Copeland to Newcore. Having known Anne since 1995, I highly regard her expertise in managing institutional capital.
“Her commitment to creating ethical, sustainable solutions in UK social infrastructure, social care and housing aligns perfectly with Newcore’s values. We have long sought an alternative to current social housing models, and Anne brings the shared vision, experience, and energy to achieve this.”
Anne Copeland, Head of Institutional Capital, Newcore Capital said:“This week marks a crucial turning point, offering a timely and incredible opportunity for patient capital to support society’s most vulnerable individuals.
“I am proud to join Newcore, where a deep sense of social purpose is ingrained both individually and collectively, reflecting their status as a highly regarded B Corp.”
This hire follows the close of Newcore’s fifth value-add fund, Newcore Strategic Situations V, for £190 million and the launch of its new core-plus fund, the Newcore Social Infrastructure Income Fund, that seeks to raise £375m to address critical societal needs, with a first close expected during Q4 this year.