MP
LP profile
Merseyside Pension Fund
Pension fund · Founded 1974 · Liverpool, United Kingdom
133
VC firms backed
$13B
AUM
~$130M
Allocated to VC (est. 1%)
01 · Background
Who Merseyside Pension Fund is.
- Historical Background
- Merseyside Pension Fund was established in 1974 following the Local Government Act of 1972. The fund operates within the framework of the Local Government Pension Scheme (LGPS) and is administered by the Wirral Council. In 2016, the fund expanded its investment horizons by joining GLIL Infrastructure, a partnership of local government pension funds.
- Source of Capital
- The fund's capital is sourced from the pension contributions of its members. It serves over 140,000 members, including employees from the five Merseyside councils: Knowsley, Liverpool, Sefton, St Helens, and Wirral.
- Major Events
- The fund executed a £200 million buy-in with Aviva, securing the benefits for approximately 2,500 members previously employed by Arriva Merseyside Ltd.
- Allocation Strategy
- The fund has a history of being an active asset owner and has participated in the "Investing for Growth" initiative. Through its involvement with GLIL Infrastructure, the fund has exposure to infrastructure investments.
02 · Fund commitments
The funds Merseyside Pension Fund backs.
Merseyside Pension Fund is a limited partner in 133 funds. 9 of them place in the Power Law Investor Ranking; those lead, best-ranked first.
Insight Partners
#23 Power Law
BlackRock
#83 Power Law
Summit Partners
#168 Power Law
Silver Lake Partners
#180 Power Law
Warburg Pincus
#233 Power Law
Blackstone
#240 Power Law
JP Morgan
#243 Power Law
KKR
#251 Power Law
Janus Henderson Investors
#500 Power Law
3i Group
Aberdeen
Aberdeen Asset Management
Aberdeen Standard Investments
Abingworth
ABRY Partners
Advent International
AEA Investors
AlbionVC
Alchemy Partners
Alma Property Partners
AMP Capital
Antin Infrastructure Partners
Apax Partners
Arcus Infrastructure Partners
Ardian
Baring Private Equity Asia
Gaw Capital
Macquarie Infrastructure and Real Asset
03 · Allocation
How Merseyside Pension Fund’s fund book is spread.
The 133 funds Merseyside 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 7355%
- North America 5441%
- Rest of world 65%
United Kingdom 59 · United States 54 · France 4 · Germany 3
How established those managers are
Managers grouped by how many funds they have raised — across the 93 of 133 with a fund history on record.
Emerging funds · 39
Established funds · 54
19
1
13
2
7
3
5
4
13
5-6
14
7-9
11
10-14
11
15+
Funds raised by the manager
04 · Other LPs
Other LPs.
Other pension funds in the Power Law LP ranking, closest to Merseyside Pension Fund by combined power-law score — Europe first, then the nearest worldwide.
🇫🇮
Keva
$70B AUM
68 VC funds backed
🇸🇪
AP3
$51B AUM
45 VC funds backed
🇺🇸
Montana Board of Investments
$27B AUM
64 VC funds backed
🇺🇸
Louisiana State Employees' Retirement System
$12B AUM
36 VC funds backed
🇫🇮
Elo
$30B AUM
85 VC funds backed
🇸🇪
AP6
$5.0B AUM
24 VC funds backed
🇫🇮
Ilmarinen
$65B AUM
95 VC funds backed
🇬🇧
Lancashire County Pension Fund
$12B AUM
50 VC funds backed