Local Pensions Partnership Investments (LPPI) will be establishing a new office in Bristol, as it continues to progress towards growing to nine partner funds.

The new office, the location of which is in the process of being agreed, will complement LPPI’s  existing sites in London and Preston, and ensure the pool continues to have a local presence in each of its partner funds’ regions. As it scales, LPPI will also be hiring for an initial 18 new roles, which it has opened to team members from Brunel in the first instance. 

These decisions are the latest in LPPI’s ongoing work with all nine partner funds to ensure a smooth and efficient onboarding as equal shareholders as part of the government’s Fit for the Future process. 

LPPI is on track to complete formal onboarding by the government’s deadline of 31st March 2026, which will bring LPPI’s total assets under management (AUM) to more than £56 billion.

Chris Rule, Chief Executive Officer of LPPI, said: "We're making excellent progress in the onboarding process thanks to genuine collaboration across all nine partner funds. 

“Although we already have the capabilities and structure to deliver on the requirements of Fit for the Future, we need to scale to reflect our greater size.

“As we do this, we want to maintain a local presence for our partner funds, and do what we can to retain vital skills and experience within the LGPS. That's why we're opening a Bristol office and opening these new roles to Brunel colleagues first."