The Fund is benchmark agnostic, seeking to achieve long term capital growth predominantly through investment in global equity markets. The Fund invests through a combination of internally managed and third-party managed investments. 

Reference benchmark: MSCI All Country World Index in GBP NDR

• Launch date: 31 October 2016
• Fund size: £12.17 billion (at 31 December 2025)
• NAV price per unit: £18,821.154 (at 2 April 2026) 
• Structure: sub-fund of LPPI Asset Pooling Authorised Contractual Scheme

The Fund seeks to achieve capital growth over a time horizon of 5 years, predominantly through investment in developed global equity markets. The Fund invests through third-party managed investments. 

Reference benchmark: MSCI World Index in GBP NDR

• Launch date: 1 April 2026
• Fund size: £2.82 billion (at 1 April 2026)
• NAV price per unit: £10,036.138 (at 2 April 2026)
• Structure: sub-fund of LPPI Asset Pooling Authorised Contractual Scheme

The Fund seeks to achieve capital growth over a time horizon of 5 years, predominantly through investment in global equity markets. The Fund invests through third-party managed investments. 

Reference benchmark: MSCI All Country World Index in GBP NDR

• Launch date: 1 April 2026
• Fund size: £2.58 billion (at 1 April 2026)
• NAV price per unit: £10,031.938 (at 2 April 2026)
• Structure: sub-fund of LPPI Asset Pooling Authorised Contractual Scheme

The Fund aims to deliver optimal long-term, risk-adjusted returns, capitalising on opportunities in the global fixed income market, with a strong focus on capital preservation. The majority of the portfolio will be invested in high credit quality, highly liquid fixed income instruments across geographies, instrument types and maturities.

• Fund size: £1.15 billion (at 31 December 2025)
• NAV price per unit: £9,228.154 (at 2 April 2026)
• Structure: sub-fund of LPPI Asset Pooling Authorised Contractual Scheme

The Infrastructure Investments fund seeks to gain cost effective, diversified exposure to global infrastructure assets, predominately in the UK, Europe and North America. It invests via primary infrastructure funds, co-investments and direct ownership in infrastructure assets.

• Fund size: £2.9 billion (at 30 September 2025)
• Structure: special purpose vehicle
• Launch date: June 2017

The Credit Fund seeks to gain cost effective exposure to diverse sources of return linked to global credit markets and credit instruments. It seeks balanced exposure to the global credit market by investing in a variety of credit sectors including liquid, multi-credit, unconstrained emerging market debt, secured lending, direct lending and credit opportunities including distressed debt.

• Fund size: £4.16 billion (at 30 September 2025)
• Structure: special purpose vehicle
• Launch date: September 2017

The Funds seek to achieve long-term investment returns by investing in companies at various stages of the growth cycle (buyout, growth capital, special situations, distressed).

• Total size: £1.36 billion (at 30 September 2025)
• Structure: special purpose vehicle
• Launch date: March 2017

The Environmental Opportunities Fund (EOF) was launched to enable clients to thematically invest in private market assets that contribute towards climate mitigation, climate adaptation, and the protection, restoration, and sustainable management of nature.

• Fund Size: LGPS client funds have committed £535 million (as at 31 December 2025)
• Structure: special purpose vehicle
• Launch date: April 2025

We are here to help our pension fund clients:

• Achieve their funding strategy goals through improved investment outcomes
• Manage their assets and cash flows to meet future benefit payments
• Invest sustainably