Mill Asset
Management is a specialist PFI asset manager. We are the Fund and Asset
Manager of the Investors in the Community Fund II, and the Asset
Manager of the Norwich Union Public Private Partnership Fund and one
project in the Dutch Infrastructure Fund (DIF PPP Fund).
Funds under management total £62.5
million, and gross assets around £1 billion. All the assets now under
management have been developed since 1998 by Mill Group, some in
partnership with contractors.
The majority of projects under management
are fully operational, and encompass 25 schools, 13 health facilities, 3
libraries and 3 local authority offices. There are six projects in the
course of construction which comprise Street Lighting projects in three
London boroughs and in Redcar and Cleveland, a mental health facility in
Northampton and a social housing project in Manchester.
Mill Asset Management Group Ltd is a
management buy-out, completed in March 2009 by its three Directors, of the
activities sold to Land Securities Trillium by Mill Group in 2006 and
2007.
In addition to its Fund and Asset
management activities Mill Asset Management also offers a range of
consultancy services to public and private sector participants in, and
debt providers to, the PFI market.