# BAE Systems Pension Funds

BAE Systems Pension Funds is a Pension Fund based in London, United Kingdom.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** London, United Kingdom
- **Region:** Europe
- **Founded:** 1998
- **Assets under management:** 35280 (Altss estimate)
- **Website:** pensions.baesystems.com
- **LinkedIn:** linkedin.com/company/bae-systems-pension-funds-investment-management-limited

## Regulatory record

- **Reports private funds:** No

## About

BAE Systems Pension Funds manage the pension schemes for employees of BAE Systems. The schemes include defined contribution schemes for employees who joined after April 2012. Various defined benefit schemes cover those who joined prior to April 2012 and provide retirement benefits for the workforce.

## Sectors

- Real Estate
- Infrastructure

## People

- Andrew Gallagher — Chair of Trustees for the BAE Systems Pension Scheme

## Questions

### Who runs investment decisions at BAE Systems Pension Funds?

Andrew Gallagher chairs the trustees. Goldman Sachs Asset Management serves as outsourced CIO under a mandate that began in 2023.

### Does BAE Systems Pension Funds participate in fund commitments or only direct deals?

The fund holds both direct property assets and limited-partner interests, including the Macquarie Infrastructure Debt Investment Solutions vehicle.

### What asset classes does BAE Systems Pension Funds target?

Holdings include UK mixed-use property, European healthcare real estate, infrastructure debt and social housing notes.

### How is BAE Systems Pension Funds related to BAE Systems plc?

BAE Systems plc acts as scheme sponsor and maintains a business-partner relationship with the pension fund.

### Which service providers support BAE Systems Pension Funds?

Goldman Sachs Asset Management, Northern Trust, Redington, Elevation Advisors and Addleshaw Goddard appear on current mandates.

## Related profiles

- [Local Pensions Partnership](https://altss.com/profile/local-pensions-partnership)
- [Commercial Bank of Dubai](https://altss.com/profile/commercial-bank-of-dubai)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/bae-systems-pension-funds

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