Orchard Street Investment Management, a UK-focused commercial property investment manager, has launched its inaugural impact fund, Orchard Street Social and Environmental Impact Partnership. The fund is targeting commitments of GBP400m (USD460m), and has held a first close at almost GBP90m (USD104m) with the Brunel Pension Partnership acting as the cornerstone investor. Langham Hall been appointed to provide administration, accounting and depositary services from its London office. In addition, Langham Hall Fund Management has been appointed as the AIFM.