LPPI (Local Pensions Partnership Investments) was established in 2016 to enable UK local government and public sector schemes to pool resources and improve management of their assets for the benefit of employers and their scheme members. 

LPPI’s total assets under management (AUM) is estimated to be £57bn from 1st April 2026.

From inception, LPPI pooled 100% of partner fund assets under a Whole Scheme Management model which provides access to attractive investments in a cost-effective manner while partner funds retain sovereignty of their strategic asset allocation, investment objectives and risk appetite.

LPPI manages assets, allocated across a wide range of asset classes, on behalf of nine pension funds: Avon Pension Fund, The Royal County of Berkshire Pension Fund, Cornwall Pension Fund, Devon Pension Fund, Dorset County Pension Fund, Environment Agency Pension Fund, Lancashire County Pension Fund, London Pensions Fund Authority and Somerset Council Pension Fund.

LPPI is a signatory to the UK Stewardship Code, the United Nations’ Principles for Responsible Investment (PRI), the IIGCC Net Zero Asset Manager initiative, the Asset Owner Diversity Charter, Climate Action 100+, Nature Action 100, and other investor initiatives and standards.