Who Lancashire County Pension Fund is.
Where the institution came from, whose capital it manages, and how that capital is allocated — from Dealroom's LP research.
Historical Background
- The Lancashire County Pension Fund is a part of the Local Government Pension Scheme (LGPS), a public pension plan established by statute in the United Kingdom.
- Lancashire County Council serves as the administering authority for the fund, which covers the geographical area of Lancashire.
Source of Capital
- The fund's capital is sourced from the pension contributions of all eligible employees of Lancashire County Council and other scheduled bodies within the county.
- It operates as a public pension fund, providing retirement and death benefits to its members.
Major Events
- In 2016, the Lancashire County Pension Fund's assets were pooled with those of the London Pensions Fund Authority to create the Local Pensions Partnership (LPP).
- This move was part of a broader initiative by the UK government to consolidate the investment assets of the 89 separate LGPS funds into a smaller number of larger pools to improve efficiency and scale.
Allocation Strategy
- The fund's assets are managed by the Local Pensions Partnership (LPP), which invests across a diversified range of asset classes.
- LPP's investment strategy includes allocations to global equities, fixed income, infrastructure, private equity, and real estate.
- The partnership aims to deliver a positive, long-term, risk-adjusted return on the assets of its client funds.
The funds Lancashire County Pension Fund backs.
Lancashire County Pension Fund is a limited partner in 83 funds. 4 of them place in the Power Law Investor Ranking, and the best-ranked are shown here.
How Lancashire County Pension Fund’s fund book is spread.
The 83 funds Lancashire County 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.
- Europe 5364%
- North America 2631%
- Rest of world 45%
United Kingdom 38 · United States 25 · France 4 · Switzerland 4
How established those managers are
Managers grouped by how many funds they have raised. 25 emerging (three funds or fewer), 38 established — across the 63 of 83 with a fund history on record.
Other LPs.
Other pension funds in the Power Law LP ranking, closest to Lancashire County Pension Fund by combined power-law score — Europe first, then the nearest worldwide.