Local Pensions Partnership

Formed in 2016, Local Pension Partnership (LPP) are a provider of pension administration and investment services to some of the largest local government pension funds in the UK. LPP launched as a collaboration between Lancashire County Council (LCC) and London Pensions Fund Authority (LPFA), ahead of the Government plan to create asset pools from the 89 funds that make up the Local Government Pension Scheme (LGPS). Today LPP manage around £17.7bn of assets on behalf of three LGPS clients including the committed capital of GLIL Infrastructure LLP (GLIL). They also provide pension administration services for more than 600,000 LGPS, Police and Firefighters’ pension scheme members across more than 1,900 employers.

Asset allocation

LPP invests across the following asset classes: Global Equities Fund, Fixed Income Fund, Diversifying Strategies Fund, Credit Fund, Infrastructure Fund, Private Equity Fund, Real Estate Fund, Liquidity Fund

Website

View the annual report

Global Pension Transparency Benchmark country system description

Asset allocation as of March 31, 2021. All information is as per the most recent annual report or other publicly available data via the fund's website