The six new LGPS partner funds increase the pool to nine LGPS partner funds, with Assets Under Management of £54bn (up from £23bn).
The Devon, Avon, Dorset, Somerset, Cornwall and Environment Agency pension funds have chosen LPPI as their preferred LGPS pool following an extensive due diligence process.
They join LPPI’s existing three partner funds: Lancashire County Pension Fund, the London Pensions Fund Authority and the Royal County of Berkshire Pension Fund.