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Trust for London
Trust for London was established in 1891 as an independent charitable foundation. Its mandate centers on economic and social justice within London.
Trust for London
Trust for London was established in 1891 as an independent charitable foundation. Its mandate centers on economic and social justice within London. Manny Hothi holds the chief executive role and Dr Omar Khan chairs the board of trustees. The foundation allocates capital across real estate and financial services exposures. Confirmed holdings include direct ownership of Bellingham Playing Fields, Greenford Playing Fields and a commercial property portfolio valued at £142m. It also holds minority interests in The Foundry and maintains limited partner positions in Bridges Fund Management, Social and Sustainable Capital, Big Issue Invest and Snowball Impact Management. Geographic focus remains confined to the United Kingdom. The organization employs 48 professionals at its Chiswell Street headquarters. It sold Resource for London in 2024 with completion scheduled for July 2025. Adjacent vehicles include the Trust for London Common Investment Fund. Memberships encompass the Social Impact Investing Group, Charity Responsible Investment Network and Association of Charitable Foundations. Investment decisions route through four external managers appointed between 2023 and 2024. Property advice is provided by BH2 and Savills while Farrer & Co acts as legal counsel. This manager delegation constitutes the primary structural feature separating the foundation from direct-investing peers.
General information
Firm type
Endowment / Foundation
Year founded
1891
Location
Region
Europe
Country
United Kingdom
City
London
Corporate office
Fourth Floor, 4 Chiswell Street, London, EC1Y 4UP, United Kingdom
Principals
Manny Hothi
Chief Executive Officer
Dr Omar Khan
Chair of the Board of Trustees
Sector focus
Frequently asked questions
Who runs investment decisions at Trust for London?
Four external managers handle day-to-day investment management: Aviva Investors Global Services, CCLA Investment Management, Lindsell Train and Ruffer. The chief executive and board retain oversight.
Does Trust for London participate in fund commitments or only direct deals?
The foundation acts as a limited partner in several impact vehicles including Bridges Fund Management and Social and Sustainable Capital. It also holds direct real estate assets.
What is Trust for London's known posture on co-investments alongside external GPs?
No co-investment activity is recorded. Capital is deployed through fund commitments and direct property ownership.
Where does the underlying wealth come from?
The endowment originated in 1891 as a charitable foundation. No specific family or corporate wealth source is disclosed.
Does Trust for London maintain philanthropic structures, and how are they separated?
Grant-making constitutes the core activity with up to £10m distributed annually. The endowment assets sit within the Trust for London Common Investment Fund.
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