Newcore Capital’s CEO featured on The Money Maze podcast

Like all economies, the UK needs better infrastructure in order to function more efficiently. It also needs more infrastructure in order to provide more people with essential services. Author: Andrew Baum, Emeritus Professor, University of Oxford & Chairman of Newcore Capital The UK faces significant infrastructure challenges, with pressing needs in areas like affordable housing,...

Newcore is pleased to publish its 2023-2024 ESG and impact report Newcore Capital’s latest ESG & impact report for institutional funds demonstrates our commitment to create and manage genuinely sustainable investments which have continued to pay dividends for the Newcore business and our stakeholders in the last turbulent year.  Read the report here. Key movements...

On 3rd July, members of the Newcore team attended the 2024 Property Week Awards at the Grosvenor House Hotel. We are delighted to announce that Newcore was awarded Property Fund Manager of the Year against some tough competition. “A fantastic winning entry from Newcore Capital! They showed genuine innovation and risk-taking in a market desperate...

Hugo’s recent column for i3 highlights the growing role of private capital in addressing the infrastructure funding gap, emphasising the need for long-term, sustainable investment practices. It stresses that infrastructure investments should avoid excessive leverage and high management fees to ensure stability and societal benefit. Examples like Thames Water show the risks of over-leveraging and...

Newcore Capital achieves first close for its core-plus fund, the Newcore Social Infrastructure Income Fund.

Newcore’s latest value-add fund, Newcore Strategic Situations Fund V has recently been named runner-up at the 2025 ESG Investing Awards for Best Investment Fund: Real Estate. NSS V was chosen by a panel of judges from a shortlist of seven other fund managers for its performance and positive societal impact it continues to generate. We are...

By Kali Persall Our CEO, Hugo Llewelyn recently spoke to Kali Persall at i3 to discuss the importance of both a social and financial licence to operate and how these have become a vital component of delivering successful infrastructure projects. Establishing trust with local communities and stakeholders is crucial when delivering infrastructure projects, especially those...

We are delighted to announce that Newcore Capital has won the Real Estate Firm of the Year (ESG) award at the 2024 New Private Markets awards. The awards recognise which fund managers are leaders in ESG across private equity, private debt, real estate, infrastructure and venture capital. All of the winners in the ESG categories...

By Greg Pitcher Hugo Llewelyn recently spoke with Greg Pitcher from Property Week about the north-south divide in later-life housing development. In this sub-sector of social infrastructure, Newcore generally focuses on acquiring land for retirement housing, securing planning consent, and then selling to specialist developers. In the article, Hugo comments on the need for more...

By Nick Herbert Our CEO, Hugo Llewelyn recently spoke to Nick Herbert at Investors in Healthcare to discuss the attractions of investing in primary healthcare and why current market conditions make it a good time to take exposure. Newcore has successfully invested in social infrastructure, including healthcare, for over a decade. The firm’s strategy focuses...

We are pleased to share our results from the 2024 Principles for Responsible Investment (PRI) Report, in which we were awarded 4 or 5 stars, out of a maximum of 5 stars, for all relevant modules. This is the second year we have reported to PRI and are pleased to have improved our scores in...

We are thrilled that Newcore was awarded ‘ESG investor of the year’ at the 2024 Property Week ESG Edge Awards last night. The judging panel praised Newcore for improving its market-leading B-Corp scores and successfully integrating ESG principles into its business model. Highlighting the company’s commitment to sustainability and ethical practices, which are core to...

UK-focussed social infrastructure real estate investment manager Newcore Capital (‘Newcore’) has acquired 15 assets in the primary healthcare sector for a combined sum of approximately £50m. Of the 15 assets acquired, 12 were purchased from a major UK REIT in a £25m portfolio transaction. Representing a total Net Internal Area (NIA) of 145,184 sq ft, the acquisitions...

UK-focused social infrastructure real estate investment manager, Newcore Capital (‘Newcore’), has secured a £40 million debt facility from HSBC UK, comprising a £20m senior loan facility and a £20 million revolving credit facility. The facility also carries a £40 million uncommitted accordion option, subject to the lender’s discretion, that will lift the total facility size...

We are delighted to share the exciting news that Newcore has been awarded the ‘Best Strategy’ Content Award at the 2024 Pensions for Purpose Annual Symposium & Awards for The future of UK social infrastructure. This recognition highlights our commitment to creating impactful strategies within the investment community. All submissions for the award were rigorously...

Our CEO, Hugo Llewelyn recently contributed to Institutional Investing in Infrastructure (i3)’s October issue – Windows of opportunity: Why U.K pension funds should look at social – as well as economic – infrastructure. A survey by GLIL Infrastructure Partners revealed that 65% of U.K. pension fund leaders plan to increase infrastructure investments over the next...

By Beth Mattson-Teig Hugo Llewelyn, CEO of Newcore Capital, recently contributed to Beth Mattson’s article, emphasising the need for a genuine approach to sustainability to attract capital and achieve results, noting that sustainable investing is increasingly essential for effective risk management, especially concerning long-term environmental issues. The article discusses the increasing importance of environmental, social,...

We are delighted to share that Newcore has been shortlisted for the Best Strategy category at the Pensions for Purpose Content Awards for its paper entitled, ‘The Future of UK Social Infrastructure’. The report, written with Professor Peter Madden, OBE, outlines opportunities for private sector investment into UK social infrastructure. It sets out how investors...

UK-focused social infrastructure real estate investment manager Newcore Capital (‘Newcore’) has acquired the investment long leasehold interest in the Welcome Break motorway service area (‘MSA’) at South Mimms, recognised as the UK’s largest EV Hub, for an undisclosed sum. The 11-acre MSA occupies a key strategic location at the junction between M25 (J23) and A1...

We are pleased that Newcore has been shortlisted for the 2024 Property Week ESG Edge Awards in the category for ESG Investor of the Year. View the shortlist here.

We are pleased that Newcore has been shortlisted as a finalist for the 2024 Corporate Finance Awards -Sustainable investment strategy of the year. View the shortlist here.

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...

“An ageing population will translate into increased demands on primary healthcare…while widening wealth inequality will increase the number of people reliant on the decreasing provision of publicly funded essential services”. Our CEO, Hugo Llewelyn recently contributed to Christopher Walker’s piece for IPE Real Assets – Social Infrastructure: New Kid on the block. Whilst not so...

Impact Investor x Newcore Capital Our CEO, Hugo Llewelyn recently contributed to Christopher Walker’s article “Infrastructure: Beyond the energy transition”. The article explores the sector of sustainable infrastructure and how the term encompasses more than ‘renewables’ and ‘wind farms’. It shows a “broader definition” of the term is key for the fund management industry as...

We are pleased to be a finalist for the 2024 EG Awards in the Alternatives Specialist category. View the shortlist here. We look forward to the results!

Thank you to Infrastructure Investor for publishing Hugo’s piece on private equity infrastructure and the need for a different approach to managing core assets in the sector. Stewardship of functional assets core to the UK’s social and economic infrastructure needs to be low-levered, lower paid (no carried interest to managers for core risk: we’ll leave...

We are pleased that Newcore has been shortlisted as one of the 10 finalists for the 2024 GRI Awards Europe. Please vote for us in the Impacting Investor of the Year category below. Link here – GRI Awards Europe 2024 (griclub.org) We look forward to the results!

Newcore Capital, a UK-focussed real estate investment manager specialising in social infrastructure, has appointed Charles Weeks, previously Head of Real Estate for Europe and APAC at Barings, as a Senior Advisor. Weeks will be advising Hugo Llewelyn, CEO, and the senior Newcore Capital team, on the further development and expansion of the Newcore business, with...

i3 x Newcore Capital Our CEO, Hugo Llewelyn recently contributed to Kali Persall’s article “Breaking the ice: After last year’s cooldown in infrastructure fundraising and deal flow, there are signs the market is thawing”, helping to shed light on the infrastructure fundraising environment. In May 2023, Newcore announced a £190 million ($240 million) final close...

We are proud to be shortlisted for the Property Fund Manager of the year award at the 2024 Property Week Awards. We look forward to the results in July.

Charlotte O’Leary, Pensions for Purpose CEO, and Kate Sandle, Newcore’s Director of Sustainability, discuss why the investment industry is crucial in creating the future we need. During the conversation they discuss the history of business, the need for systems change, the importance of being a better business, engaging investors and asset owners, and proposed future...

Newcore Capital, the UK social infrastructure real estate specialist, has acquired a 5.6-acre supermarket investment in Bromley-by-Bow, East London, from British Land for £30m. The site, which sits within the London Borough of Tower Hamlets, currently comprises a 70,000 sq ft Tesco supermarket, a 558-space car park, and a petrol filling station. Morgan Williams and...

BE News x Newcore Capital B Corp early adopter Newcore Capital has just successfully re-certified to become the highest scoring real estate and infrastructure investment manager globally. To mark B Corp Month, Newcore contributed to a recent BE News article along with other B Corp certified companies on how – and why – they sought...

Newcore has successfully recertified as a B Corp with a score of 164.6 out of 200, making it the world’s highest scoring dedicated real asset fund manager. The score represents a 52-point increase from when Newcore first obtained certification at 112.6 in 2020. The recertification also makes Newcore the third highest scoring company out of...

PropertyEU March/April issue x Newcore Capital “In a world where office and retail real estate have become risky investments, could it be time to invest in rocket launch pads, onshore fish farms and coffin workshops?” Our CEO, Hugo Llewelyn was delighted to contribute to Isobel Lee’s recent piece for PropertyEU’s March/April issue. Read the article...

CityWealth x Newcore Capital – February 2024 “It has never been possible to separate the planks of E, S and G from a long term sustainable investment strategy” Read how our CEO, Hugo Llewelyn recently explained how ESG has always been central to Newcore in CityWealth’s article challenging the future of ESG.   “to make a...

We are pleased to be shortlisted for the Property Manager of the year award at the 2024 Pension Age Awards.

Newcore Capital x PERE – February 2024 According to The Counsellors of Real Estate, political unrest and global economic health are one of the top ten issues affecting real estate capital flows. Newcore’s CEO, Hugo Llewelyn, discussed this risk with Evelyn Lee for PERE’s February 2024 cover story alongside nine other managers, investors and advisers....

The Money Maze podcast is one of the leading financial podcast shows, covering interesting and relevant topics in the investment world. The show has in the past featured the likes of Ray Dalio, Sir Chris Hohn, Dame Kate Bingham and General Petraeus, plus in its curated section, investment businesses such as Ruffer and Lansdowne Partners....

Newcore Capital x IREI – 01 February 2024 ‘Traditional’ infrastructure (public or private markets operating equity) investors have previously dominated the headlines investing in social infrastructure service businesses. However, specialist real estate capital managers – coming from the asset end of the risk spectrum – find opportunity too, perhaps increasingly interesting when the operational services...

Newcore’s CEO, Hugo Llewelyn, recently sat down with Matthew Watts to discuss a broad range of subjects which covered some of the following topics: Listen in to hear more about Hugo’s career, the driving principles behind Newcore, how we balance good returns and the creation of social impact, including our decision to certify as a...

Newcore Capital x IPE REAL ASSETS – January / February 2024 Investors are looking to increase their exposure to social infrastructure, but the sector is complex and requires a careful approach. Our CEO, Hugo Llewelyn was pleased to participate in the recent IPE Real Assets article by Christopher Walker on the growing demand from institutional investors for social infrastructure...

We are pleased to share our results from the 2023 Principles for Responsible Investment (PRI) Report, in which we were awarded 4 or 5 stars, out of a maximum of 5 stars, for all relevant modules. We are proud to have scored above the median in our peer group in all relevant modules, but acknowledge...

Newcore Capital (‘Newcore’), the UK-focused real estate investment manager specialising in social infrastructure, has acquired two education assets in Cambridge and Oxford as well as a food distribution asset in Colchester. The assets were acquired for a combined sum of approximately £11m, reflecting a net initial yield of 6.1%. The assets in Cambridge and Oxford...

Newcore Capital and futurist professor, Peter Madden OBE, have published a report on the future of UK social infrastructure which outlines opportunities for private sector investment into UK social infrastructure. Download the report The paper sets out how investors and the real estate industry can understand and respond to challenges like climate change, resource scarcity,...

We are delighted to be shortlisted for the IJ Global Awards for Impact Investor of the year.

In the capital raising round for our latest UK social infrastructure real estate fund, which closed in May 2023, several investors asked us the question: “Is Newcore infrastructure or real estate”? as they considered from which bucket of their own capital allocation to analyse our proposition. The following piece explains how we answered it and...

Newcore Capital’s latest Impact Report shows ESG-grounded investment strategy delivers ‘consistently strong returns and social value’ Read the ESG & Impact Report for 2022 / 2023 Newcore Capital (‘Newcore’), the UK-focused social infrastructure real estate investment manager, has published its latest 2022-2023 ESG and Impact Report, which measures the environmental and social impact of its...

Newcore Capital achieves largest-ever capital raise for its fifth fund amid challenging macro-economic circumstances.

Newcore shortlisted for the Property Fund Manager of the Year award 2023 at the UK Property Industry Awards.

Newcore Capital Management, the UK social infrastructure real estate investment manager, has acquired a further £20 million of educational assets for Newcore Strategic Situations V LP, its new £300 million value-add, social infrastructure fund. The acquisition of the seven assets increases the fund’s investments to £43 million. It remains active in the market for educational...

Newcore Capital Management, the UK social infrastructure real estate investment manager, is pleased to announce that it won the coveted Best ESG Firm – Small Cap award at this year’s Private Equity Wire ESG AAA European Awards. Newcore’s COO, Neil Sarkhel, and Director of Sustainability, Kate Sandle, were presented with the award at the Kimpton Fitzroy...

Newcore wins the Property Fund Manager of the Year award 2021 at the UK Property Industry Awards.

Read Newcore's 2022 Impact Report

Newcore has hired climate and sustainability expert, Kate Sandle into its senior management team as Director of Sustainability. Newcore is a Certified B Corp and invests in assets that are essentially to society.

Newcore Capital, the UK social infrastructure real estate investment manager, has secured £90 million of senior debt facilities for three of its funds and a separate account. The four transactions comprise: a new £40 million facility from OakNorth Bank for Newcore Strategic Situations V LP, a £300 million value-add, social infrastructure fund which held a...

Newcore has secured planning consent for the development of a 105,000 sq ft life sciences centre adjacent to Imperial College London’s campus at Ascot on the edge of London.

Click here to read the continuing case for UK social infrastructure, in light of current market conditions

Newcore became a Certified B Corporation on 4 September 2020

Read Newcore's 2020 Impact Report

Newcore is delighted to announce that it won Alternatives Team of the Year 2019 at the Property Awards