LP profile · Pension fund
Lancashire County Council
Lancashire County Council is a pension fund headquartered in United Kingdom (Europe). Ranked #232 in the 2026 Dealroom Power Law LP Ranking by realised power-law score across its venture commitments.
Historical Background
- The Lancashire County Pension Fund is part of the Local Government Pension Scheme (LGPS), which is established by statute to provide retirement and death benefits for eligible employees.
- Lancashire County Council is the administering authority for the fund, which covers the geographical area of Lancashire.
Source of Capital
- The capital for investment is sourced from the Lancashire County Pension Fund.
- The fund's assets are derived from contributions made by employees and employers participating in the Local Government Pension Scheme within Lancashire.
Major Events
- The Lancashire County Pension Fund's investments are managed by Local Pensions Partnership Investments Ltd (LPPI), which provides pooled investment services.
- LPPI is one of eight national Local Government Pension Scheme (LGPS) pools and manages the investments for the pension funds of Lancashire County Council, the London Pensions Fund Authority, and the Royal County of Berkshire.
Allocation Strategy
- The fund's investment strategy is focused on ensuring there are sufficient funds to meet its pension obligations to members over the long term.
- The fund has established a Lancashire Levelling Up Investment Fund to support local economic growth.
- The allocation strategy is detailed in the Investment Strategy Statement, which is updated periodically and approved by the Pension Fund Committee.
Sources
- https://lancashirecountypensionfund.org.uk/investments/
- https://www.lancashire.gov.uk/business/finance-and-funding/
- https://council.lancashire.gov.uk/documents/s213984/Investment+Strategy+Statement.pdf
- https://lancashirecountypensionfund.org.uk/investments/investment-strategy-statement/
- https://www.lancashire.gov.uk/council/constitution/4-committees/pension-fund-committee/
- https://www.localpensionspartnership.org.uk/Who-we-are/Our-story/Our-history
- https://lancashirecountypensionfund.org.uk/about-lcpf/