Published: September 25, 2025
The West Yorkshire Pension Fund has committed £50m to the recently launched L&G Digital Infrastructure Fund (LDIF) via a co-investment in AI data centre operator Kao Data and main fund allocation.
It sees the fund become a cornerstone investor in LDIF, which is supporting investment in the “next generation” of UK and European digital infrastructure, and as such has seen it secure significant and direct exposure to Kao Data through the co-investment, alongside a commitment to the main fund. This includes investment in digital infrastructure, such as fibre networks, data centres and wireless connectivity.
Hugh Carrow, investment manager at the West Yorkshire Pension Fund, said: “We’re delighted to partner with L&G on this landmark investment in digital infrastructure.
“Our co-investment in Kao Data alongside LDIF secures significant exposure to the high-growth data centre sector, supporting the UK’s digital backbone while delivering strong, long-term returns for our members.
“WYPF is committed to investing in scalable, high-impact infrastructure that not only delivers strong financial outcomes but also enables economic resilience and growth.
“This commitment will also help bring forward Kao Data’s Stockport development scheme, supporting both regional data centre development and growth of the UK’s digital economy.”
L&G’s head of digital infrastructure investments Matteo Colombo added: “Digital infrastructure is the foundation of a modern, resilient economy, and the UK is at a critical juncture in scaling the systems that power AI, cloud services, and secure data.
“With the launch of our Digital Infrastructure Fund, we’re proud to be investing in the future of UK and European digital capabilities.
“We’re especially pleased to be partnering with West Yorkshire Pension Fund through their co-investment in Kao Data and fund allocation, reflecting a shared commitment to long-term value and regional growth.”
|
|
|
