Local Pensions Partnership Investments

What Local Pensions Partnership Investments does

Local Pensions Partnership Investments Ltd (LPPI) is a UK-based private investment pooling vehicle that aggregates assets from Local Government Pension Scheme (LGPS) Partner Funds under a delegated management model. Founded in 2016 and headquartered in London, LPPI pioneered pooling strategies in the UK LGPS sector and, as of April 30, 2026, was responsible for over £57 billion in funds across multiple asset classes including global equities, fixed income, infrastructure, real estate, private equity, credit, and alternatives.

The platform is structured around pooled fund vehicles, notably the LPPI Asset Pooling ACS and the Real Estate ACS, alongside partnership vehicles such as GLIL Infrastructure (focused on UK infrastructure including renewables) and The London Fund (London-focused investments). LPPI also participates in the Sterling 20, a UK government-backed initiative of 20 major pension funds and insurers targeting domestic infrastructure and growth sectors including AI and fintech. Investment exposure includes direct equity holdings (e.g., disclosed positions in Texas Instruments and Amphenol) and operational infrastructure assets such as the 247 MW Lyceum Solar portfolio acquired with Bluefield Solar Income Fund.

LPPI generates revenue through asset management fees on pooled AUM, operates with 101–250 employees, and is owned by its Partner Funds rather than external shareholders — there is no IPO, no external venture or private equity ownership, and no public ownership or stock listing. The CEO is Chris Rule (Executive Director and Chair of the Executive Committee), with Paul Riddell heading marketing. The go-to-market model is direct partnership with LGPS funds; pricing is not publicly disclosed.

Name

Local Pensions Partnership Investments

Legal name

Local Pensions Partnership Investments Ltd

Website

https://localpensionspartnership.org.uk

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

101–250 employees

Short description

LPPI is a UK-based private investment pooling vehicle that aggregates assets from Local Government Pension Scheme Partner Funds under a delegated management model, managing over £57 billion across multiple asset classes.

Ownership category

akta.pro rank

Product category

Pension Fund Asset Management

NAICS

Portfolio Management and Investment Advice (52394), Portfolio Management and Investment Advice (523940), Pension Funds (525110), Pension Funds (52511), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282)

akta.pro primary industry

Pension Master Trusts, Superannuation & Provident Funds (FSAAAGAB)

akta.pro secondary industry

LP Secondaries — Infrastructure Funds (FSAHALAF)

Keywords

• Pension fund management
• Asset pooling services
• Institutional investment management
• LGPS pooling
• Multi-asset investing

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Asset Management Fees: LPPI generates revenue through management fees charged on the £57 billion in assets under management for LGPS Partner Funds.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Local Pensions Partnership Investments (LPPI) is a UK-based investment pooling vehicle for Local Government Pension Scheme (LGPS) partner funds. The firm manages over £57 billion in pooled assets across multiple asset classes including global equities, fixed income, infrastructure, real estate, private equity, credit and alternatives, operating through a partnership and delegated management model. LPPI pioneered pooling strategies in the LGPS space and combines scale, expertise and collaborative insights to deliver long-term investment performance for its public-sector pension fund partners.

Product overview

LPPI operates as a collective investment pooling platform for LGPS (Local Government Pension Scheme) partner funds, managing over £57 billion in assets. The platform offers multiple pooled investment vehicles across asset classes including global equities, fixed income, infrastructure, real estate, private equity, credit, and alternatives. Key named products include the LPPI Asset Pooling ACS for asset consolidation, Real Estate ACS for property investments, and partnership vehicles such as GLIL Infrastructure (specializing in infrastructure including renewable energy) and The London Fund. The structure combines scale and expertise to deliver long-term investment performance through collaboration with partner funds.

Differentiator

Problem solved

Functional benefit

Products and services

• Global Equities Pool Pooled investment vehicle for global equities across multiple markets and sectors, offered to LGPS partner funds.
• Fixed Income Pool Pooled investment vehicle for fixed income securities including bonds and other debt instruments, offered to LGPS partner funds.
• Infrastructure Investments Pooled investment vehicle for infrastructure assets including renewable energy projects such as solar and wind farms.
• Real Estate ACS Authorised Contractual Scheme for real estate investments, enabling LGPS partner funds to consolidate property holdings.
• Private Equity Pool Pooled investment vehicle for private equity investments, offered to LGPS partner funds.
• Credit Pool Pooled investment vehicle for credit investments including private credit and debt instruments, offered to LGPS partner funds.
• Alternatives Pool Pooled investment vehicle for alternative investments beyond traditional asset classes, offered to LGPS partner funds.
• LPPI Asset Pooling ACS Authorised Contractual Scheme for asset pooling, enabling LGPS partner funds to consolidate investments across multiple asset classes.
• GLIL Infrastructure Specialist infrastructure investment partnership for Local Government Pension Scheme funds, focused on infrastructure assets including renewable energy solar and wind farms.
• The London Fund Partnership vehicle providing London-focused pension fund investment opportunities for LGPS partner funds.

Named customers3 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• GLIL InfrastructurecoreStrategic or Co-development Partner · 27 January 2026GLIL Infrastructure is a specialist investor for Local Government Pension Scheme funds. LPPI participates in this partnership which hosted a roundtable discussing investment strategy and latest transactions including the Lyceum Solar partnership with Bluefield Solar Income Fund.
• Bluefield Solar Income FundcoreStrategic or Co-development Partner · 27 January 2026Through GLIL Infrastructure, LPPI partnered with Bluefield Solar Income Fund on the Lyceum Solar initiative, acquiring an operational portfolio of 247 megawatts of solar farms with plans to develop additional ready-to-build sites for new solar farms in the UK.
• The London FundcoreStrategic or Co-development PartnerLPPI is involved in The London Fund as one of their partnership vehicles, providing investment opportunities for LGPS funds.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Brunel Pension Partnership: LGPS pool serving funds in the South West of England. Direct peer to LPPI operating the same UK LGPS pooling model with pooled investment vehicles across multiple asset classes for partner funds.
• LGPS Central: Pooled investment vehicle for several Midlands-based LGPS funds. Direct peer to LPPI, offering pooled funds across asset classes to LGPS partner authorities with a similar collaborative, multi-fund pooling structure.
• Local Pensions Partnership (LPP): Parent and affiliated entity of LPPI providing pension administration services. Directly related to LPPI through shared ownership by London Pensions Fund Authority and Lancashire County Pension Fund, offering complementary administration alongside LPPI's investment management.
• Border to Coast Pensions Partnership: UK LGPS pooling vehicle managing assets for multiple Local Government Pension Scheme funds. Direct peer to LPPI as both operate the same pooling model for LGPS partner funds, offering multi-asset pooled investment vehicles under a partnership model.
• Northern LGPS Pool: Northern LGPS pool serving multiple funds in northern England. Direct peer to LPPI as another UK LGPS pooling vehicle using the partnership and delegated management approach for pooled investment management.
• ACCESS (Pool): ACCESS pool serving 11 LGPS funds across central, eastern, and southern England. Direct peer to LPPI operating an identical LGPS pooling model with multi-asset pooled funds for partner authorities.
• Wales Pension Partnership: Welsh LGPS pool managing pooled assets for the eight Welsh LGPS funds. Direct peer to LPPI operating the same collaborative pooling model and offering similar multi-asset pooled investment structures to partner funds.

Others

• GLIL Infrastructure: Specialist infrastructure investment vehicle for LGPS funds, of which LPPI is a participating partner. Closely related entity rather than competitor—LPPI co-invests through GLIL in UK infrastructure including the 247MW Lyceum Solar portfolio.

Broad incumbents

• Legal & General Investment Management (LGIM): One of the UK's largest asset managers serving institutional and pension clients globally. Broader incumbent that manages significant LGPS mandates outside the pooling model, competing for sub-mandates and offering deep product capabilities across asset classes LPPI pools.
• Nuveen: Large global asset manager with substantial UK pension fund and infrastructure investment business. Broader incumbent that competes for LGPS mandates, particularly in real assets and private markets where LPPI allocates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/local-pensions-partnership

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Local Pensions Partnership Investments