WM
West Midlands Pension Fund
Pension fund · Founded 2001 · Wolverhampton, United Kingdom
Who West Midlands Pension Fund is.
- Historical Background
- The fund's origins trace back to the 1974 local government reorganization, which established the West Midlands Superannuation Fund for council employees in the region. Following a subsequent reorganization in 1986, Wolverhampton Council was appointed as the administering authority for the fund.
- Source of Capital
- The fund manages pension assets for current and former public sector employees in the West Midlands region of England. Its capital is derived from the contributions of over 340,000 members and more than 800 participating employers, including the seven metropolitan district councils.
- Major Events
- The West Midlands Integrated Transport Authority Pension Fund (WMITAPF) was merged into the main West Midlands Pension Fund, with a combined investment strategy statement issued in March 2022.
- Allocation Strategy
- The fund allocates capital across a diversified portfolio that includes public equities, fixed income, private equity, and property. In partnership with the West Midlands Combined Authority, the fund established a £25 million co-investment fund to support high-growth small and medium-sized enterprises (SMEs) within the region. The fund's investment strategy is formally reviewed and detailed annually in its Investment Strategy Statement, which outlines target allocations and risk management approaches.
The funds West Midlands Pension Fund backs.
West Midlands Pension Fund is a limited partner in 145 funds. 11 of them place in the Power Law Investor Ranking; those lead, best-ranked first.
How West Midlands Pension Fund’s fund book is spread.
The 145 funds West Midlands 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 141 of 145 with a location on record.
- Europe 7855%
- North America 5841%
- Rest of world 54%
United Kingdom 59 · United States 58 · Sweden 4 · France 3
How established those managers are
Managers grouped by how many funds they have raised — across the 81 of 145 with a fund history on record.
The companies West Midlands Pension Fund backs directly.
West Midlands 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 West Midlands Pension Fund by combined power-law score — Europe first, then the nearest worldwide.