LP profile · Pension fund
West Yorkshire Pension Fund
West Yorkshire Pension Fund is a pension fund headquartered in United Kingdom (Europe). Ranked #236 in the 2026 Dealroom Power Law LP Ranking by realised power-law score across its venture commitments.
Historical Background
- The West Yorkshire Pension Fund was established in 1974 as part of the Local Government Pension Scheme.
- It was created to serve the five district councils of West Yorkshire: Bradford, Calderdale, Kirklees, Leeds, and Wakefield.
- In April 2015, a Local Pension Board was established to oversee the fund, as required by the Public Service Pensions Act 2013.
Source of Capital
- The fund's capital is sourced from the Local Government Pension Scheme (LGPS), a statutory, funded pension scheme for local government employees in England and Wales.
- Contributions come from both employees and employers across the five West Yorkshire district councils and over 400 other associated employers.
Major Events
- No information available.
Allocation Strategy
- The fund invests across a diversified range of asset classes, including public equities, private equity, infrastructure, and property.
- Geographically, the fund maintains a global investment portfolio, with significant allocations to UK, US, and other international markets.
- As of March 2024, the fund's strategic asset allocation targets include a 41.5% allocation to public equities, 17.5% to private equity, 12.5% to infrastructure, and 8.5% to property.