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Pensions infrastructure chief drives new mutual model

The not-for-profit PIP has ambitions to be one of the leading investors in UK infrastructure, according to its new chief executive Mike Weston

Mike Weston, the man in charge of UK pension funds’ new not-for-proft infrastructure vehicle, is not overseeing a vast portfolio as yet. But he does have one very important tenant.

He said: "Through the fund, we actually own a chunk of the Treasury building. So, in a sense, we're George Osborne's landlord."

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