River & Mercantile taps Aviva to establish infrastructure business

Strategy will launch with equity income fund

River & Mercantile has hired former head of infrastructure equity at Aviva Investors Ian Berry to establish its own infrastructure investment business.

Berry, who spent more than ten years at Aviva, will be joined by a number of his former colleagues over time to assist the growth of R&M's new venture. The business will launch with an Infrastructure Equity Income fund focused on delivering "long-term, stable cashflows… through investing in long-life infrastructure", which will have ESG considerations "at the very heart" of the strategy. River & Mercantile to launch European equity funds for Schroders' Sym The "significant demand" for new infrastructure to support the energy and digital transition of the economy is "entirely aligne...