Equity funding

HGP invests capital from its Investors and has discretion on investments within our fund mandate, resulting in a fast decision-making process to allow our partners to be agile in their approach.

How we work

We invest equity on a site specific or multi-site basis, sharing risk with our partner and helping them scale housing delivery at a faster pace than they otherwise could.

HGP does not charge interest or fees. Our tailored profit-sharing arrangement rewards the developer with a greater share of profit than the share of equity they put in.

Our partner retains responsibility for delivery of the project.

Third party senior debt is raised from a range of funders to support the project.

Types of partnership

HGP can invest: up to £30m of equity in individual schemes.

Regional Growth Initiatives and Strategic Partnerships, allow HGP to invest up to £60m of equity with larger, established developers across a pipeline of sites.

We can also consider larger investments subject to investor approval.

Regional Growth Initiative & Strategic Partnerships

HGP’s Regional Growth Initiative (‘RGI’) and Strategic Partnerships were established with the purpose of providing a longer-term equity commitment to developers & housebuilders to help realise their growth plans. These programmatic JVs provide ambitious management teams with access to institutional equity to fund multi-site growth plans, allowing partners to stretch their own equity. To date HGP has committed £220m and invested £73 million under the RGI & Strategic Partnership structures, supporting 12 developers and housebuilders to deliver 1,700 homes.

Investment parameters

HGP invests in opportunities that usually involve construction management or a third-party main contractor. HGP seeks to exit post completion or post stabilisation, depending on the project.

HGP invests in residential-led schemes, including houses and apartments for sale, build to rent and co-living, affordable housing, regeneration, student accommodation, retirement living and care homes.

© 2024 Housing Growth Partnership. All Rights Reserved.

Housing Growth Partnership Manager Limited, 25 Gresham Street, London, EC2V 7HN, Registered Company Number 09507116, registered in England and Wales.

Authorised and regulated by the Financial Conduct Authority, firm reference number 709515

Ensuring an inclusive environment for our colleagues and communities

A key part of how we seek to deliver our purpose is to strive to create a fully inclusive environment for all our colleagues, partnerships and communities, one that is truly representative of modern-day Britain. Quite simply, a more inclusive society is a more prosperous society, and a diverse business is a better business. That means that we also speak up and act when something feels wrong – for example, we know it’s not enough to simply not be racist, we need to find ways where can be actively anti-racist by providing allyship to our partners and colleagues. We’re an anti-racist organisation and do not tolerate hate. We will take action against discrimination and inappropriate behaviour, whether racist, sexist, homophobic, transphobic or ableist, regardless of whether this happens in our offices, over the phone or online on our social media channels. Quite simply, we believe in doing the right the thing. We know we won’t always get things right ourselves, but we are committed to always striving to do better, for our colleagues, partners and communities.

Investment Disclaimer

The information, commentary and other materials in this website (“Content”) is intended to describe the activities of Housing Growth Partnership Manager Limited (“HGP”) and does not make any offer, inducement or invitation and does not give rise to any obligation or commitment. The Content is intended to be communicated only to persons who are legally able to receive it in their jurisdiction of residence. HGP invests its own money and no person, whether or not involved in a transaction with HGP, should expect to be treated as a client of HGP and no employee or other person associated with HGP has the authority to represent or state otherwise. HGP will not provide any investment services to any person, and/or advise any person on the merits of, and /or make any recommendation to a person in relation to, the terms of any transaction. Therefore, HGP does not take responsibility for providing you with the protections that would be afforded to a client and you should seek your own independent legal, investment and tax advice as you see fit. The Content does not provide any representation or warranty or achievement of any future gains, express or implied. HGP does not accept and, to the extent permitted by law, excludes liability to any person for any loss or otherwise that may arise from relying upon or using the Content of this website.