The Local Pensions Partnership (LPP) has launched a £5bn global equity fund made up of the pooled holdings of its existing main clients, the Lancashire County Pension Fund (LCPF) and the London Pensions Fund Authority (LPFA).
The local government pool established by Lancashire County Pension Fund (LCPF) and London Pension Fund Authority (LPFA) has hired Tom Richardson as chief risk officer (CRO).
The Local Pensions Partnership (LPP) has created a £1.2bn property investment pool to increase exposure to UK commercial and residential property.
The UK watchdog has authorised the Lancashire County Pension Fund (LCPF) and London Pension Fund Authority (LPFA) to form the Local Pensions Partnership (LPP).
Three local government pension funds have submitted their initial pooling proposal to the government to demonstrate how they will work together.
Lancashire County Pension Fund has made a £25m investment into a healthcare property fund as part of its long-term plans to raise exposure to real assets.
Michael O'Higgins has been appointed chairman of the £10bn asset and liability management (ALM) partnership between Lancashire County Pension Fund (LCPF) and London Pensions Fund Authority (LPFA).
Merrick Cockell has been appointed as acting chairman of the London Pensions Fund Authority (LPFA), after Edi Truell stepped down from the role.
London Pension Fund Authority (LPFA) chairman Edi Truell is to step down to take up a position advising London Mayor Boris Johnson on pensions.
London Pensions Fund Authority (LPFA) and Lancashire County Pension Fund are hiring a board to oversee their asset and liability management (ALM) partnership.