Local Government Pension Scheme (England and Wales): Next steps on investments
Posted January 25, 2024
Please see below for our full response on the consultation.[…]
COP 28 in the rear-view mirror and outlook for 2024
Posted January 10, 2024
By Patrick O’Hara & Ed Baker, LGPS Central Do words matter? In the wake of COP 28, this has been the question that many in the climate and energy space have been asking. The annual UN climate talks managed to get 200 countries to agree to “transitioning away from fossil fuels in the energy system”,[…]
UK Property Fund Launch
Posted December 12, 2023
The UK Direct Property Fund is a Sub-fund of the LGPS Central Property ACS, developed in collaboration with our Partner Funds and managed in partnership with DTZ Investors. The Fund has a medium-term target to invest up to £500m across the UK in a balanced portfolio and has been seeded with investment from Leicestershire Pension[…]
Net Zero Strategy Launch
Posted October 16, 2023
We are pleased to launch our Net Zero Strategy for financed emissions, building upon our commitment made in early 2022 to achieve Net Zero scope 1 & 2 carbon equivalent (CO2e) financed emissions by 2050 or sooner for listed equities, corporate bonds, sovereign debt, and property. This also included a 50% reduction in financed emissions[…]
Annual Report and Financial Statements
Posted September 28, 2023
LGPS Central Limited is pleased to present our Annual Report and Financial Statements for the year ending 31 March 2023. Our pension pool has made significant strides, managing over £26 billion in assets across 26 diverse investment funds, spanning both private and public markets since inception only five years ago. One of the standout achievements[…]
UK Stewardship Signatory Status confirmed for a third year
Posted September 1, 2023
We are pleased to announce that we have received confirmation from the Financial Reporting Council (FRC) that we have retained our status as a signatory to the UK Stewardship Code. The UK Stewardship Code serves as a beacon for excellence in stewardship practices, guiding those entrusted with managing investments on behalf of UK savers and[…]
Final Commitment of €125m to P Capital Partners Credit Fund V (PCP V)
Posted August 17, 2023
We are pleased to confirm our seventh and final commitment from LGPS Central Credit Partnership II LP (the “Lower Return” sleeve); a €125m to P Capital Partners (“PCP”) Corporate Credit Fund V (“PCP V”). PCP, an alternative lender focused on the Northern European middle market, specialises in non-sponsored lending in the Nordic region. With a[…]
