Collas Crill has advised the Darwin group in relation to the launch of a unique bereavement services fund.
The Darwin Bereavement Services Fund is a new alternative investment proposition for UK local authority pension schemes which will seek to invest in UK crematoria and related bereavement services entities. This strategy reflects Darwin's overall goal of offering investment solutions that generate long-term absolute returns which both enhance capital and provide high levels of income.
Darwin was named ‘Alternatives Manager of the Year’ at the 2015 LAPF Investment Awards and 'Alternative Investment Manager of the Year' at the 2015 European Pension Awards.
The fund represents a new opportunity for Darwin, building on the sustained success of the Darwin Leisure Property Fund which invests in caravan holiday parks in the UK and has grown to a net asset value of circa £373 million.
The commercial team at Collas Crill was led by Group Partner Wayne Atkinson, assisted by Senior Associate Tristan Ozanne.