GM
Greater Manchester Pension Fund
Pension fund · Founded 1974 · Manchester, United Kingdom
Who Greater Manchester Pension Fund is.
- Historical Background
- The Greater Manchester Pension Fund (GMPF) was established in 1974 as part of the Local Government Pension Scheme (LGPS). It originated from the Manchester Corporation's pension fund, which was formed on April 1, 1921, with an initial valuation of £720,000.
- Source of Capital
- GMPF's capital is sourced from the pension contributions of employees and employers from various institutions in Greater Manchester. The fund serves the ten local authorities in Greater Manchester, as well as other affiliated organizations such as schools, colleges, and charities.
- Allocation Strategy
- The fund has a notable allocation to impact investing, with a specific focus on local investments that aim to benefit Greater Manchester and the North West of England. GMPF has a 5% allocation target for place-based impact investing, which includes both direct and fund investments. The fund's strategy includes seeding funds and investing in local infrastructure and housing projects, aiming to generate both a commercial return and a positive local impact. The fund invests across various asset classes, including public equity, private equity, and real assets, with tactical asset allocation delegated to external managers for the main fund.
- gmpf.org.uk
- en.wikipedia.org/wiki
- aboutmanchester.co.uk/centenary-celebration-for-greater-manchester-pension-fund
- top1000funds.com/asset_owner
- impactinvest.org.uk/case-study
- newprivatemarkets.com/a-look-inside-greater-manchester-pension-funds-impact-allocation
- gmpf.org.uk/quick-links
- pensionsforpurpose.com/assets
The funds Greater Manchester Pension Fund backs.
Greater Manchester Pension Fund is a limited partner in 129 funds. 5 of them place in the Power Law Investor Ranking; those lead, best-ranked first.
How Greater Manchester Pension Fund’s fund book is spread.
The 129 funds Greater Manchester Pension Fund backs, by where the manager is headquartered and how many funds that manager has raised.
Where those managers are based
By fund headquarters, across the 127 of 129 with a location on record.
- Europe 8668%
- North America 3729%
- Rest of world 43%
United Kingdom 69 · United States 36 · France 3 · Netherlands 3
How established those managers are
Managers grouped by how many funds they have raised — across the 79 of 129 with a fund history on record.
The companies Greater Manchester Pension Fund backs directly.
Greater Manchester Pension Fund holds 1 company directly, separate from the funds it commits to as a limited partner.
Other LPs.
Other pension funds in the Power Law LP ranking, closest to Greater Manchester Pension Fund by combined power-law score — Europe first, then the nearest worldwide.