Langham Hall appointed onshore administrator to the new AEGON Target Healthcare Property Fund

1st June 2009

Langham Hall is delighted to announce it has been appointed as onshore administrator to AEGON Asset Management?s new healthcare fund. The closed end fund intends to focus on the UK's growing need for healthcare as its baby boomer generation retires and increasing longevity creates the need for specialist care facilities. It is AEGON Asset Management's first new property fund launch since the arrival of its property team from Aviva Investors in 2008. The fund will be managed by AEGON Asset Management's property team led by directors Phil Clark, Gerardine Davies and David Wise.

Rob Short Partner at Langham Hall says: ?We are excited to be working with such a well regarded investment manager and team. We have worked together with Phil and his team in the past and look forward to developing a long standing relationship on this and future funds at AEGON."

Clark says: ?Having considered a number of administrators, we selected Langham Hall who have a particularly strong focus on real estate funds. Their detailed approach at asset level, coupled with their deep sector knowledge and reputation for excellence and class leading systems were key considerations in selecting Langham Hall.?

AEGON Asset Management UK has over £41bn of assets under management and is a part of AEGON NV, one of the world?s largest financial services groups.