Local Pensions Partnership Investments (LPPI) has confirmed it will welcome six new LGPS partner funds, marking the next phase of the Government’s ‘Fit for the Future’ process.

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.

Following the integration, LPPI’s total assets under management (AUM) will be more than £54 billion.

Chris Rule, Chief Executive Officer of LPPI, said: “We’re very pleased to be selected by all our new partner funds. This is the start of an exciting collaboration, where we’ll work closely to achieve their goals, all while maximising the benefits of pooling for their members, employers and taxpayers.”

LPPI will now work closely with all nine partner funds to ensure a smooth and efficient onboarding as equal shareholders, whilst maintaining alignment with each fund’s existing investment strategies and objectives. The formal process will be completed by the Government’s deadline of 31st March 2026.

For more information please contact:
Shayla Reid, Account Manager at Citypress (on behalf of LPPI)
[email protected]; 0161 235 0303