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City and County of Swansea Pension Fund
The City and County of Swansea Pension Fund was established in 1974 as the administering authority for Swansea Council staff under the Local Government Pension...
City and County of Swansea Pension Fund
The City and County of Swansea Pension Fund was established in 1974 as the administering authority for Swansea Council staff under the Local Government Pension Scheme. It operates from the Civic Centre in Swansea and reports to the council as its statutory body. The fund holds a 7.69 percent allocation to private equity against a 5 percent target. Confirmed holdings include commitments to Schroders Global Private Equity Mandate and HarbourVest Partners legacy funds. Additional exposure runs through Newcore Swansea Social Infrastructure Partnership for local social housing and the Uskmouth Power Station redevelopment. Timberland and farmland positions are managed via Manulife and Stafford Capital, while trade finance and gold serve as separate portfolio sleeves. All investments sit inside the Wales Pension Partnership structure covering eight Welsh LGPS funds. The fund lists 25 service providers and relationships in its records, including Hymans Robertson as investment advisor since 2010 and Northern Trust as custodian since 2018. Jeff Dong serves as the primary internal contact for investment decisions. Governance occurs through the Wales Pension Partnership Joint Governance Committee, which sets pooling policy and net-zero targets for member funds.
General information
Firm type
Pension Fund
Year founded
1974
Location
Region
Europe
Country
United Kingdom
City
Swansea
Corporate office
Civic Centre, Oystermouth Road, Swansea, United Kingdom
Principals
Jeff Dong
Chief Treasury Officer and Head of Finance and Pension Fund
Sector focus
Frequently asked questions
Who runs investment decisions at the City and County of Swansea Pension Fund?
Jeff Dong, Chief Treasury Officer and Head of Finance and Pension Fund, serves as the key internal decision-maker for the fund.
How does the City and County of Swansea Pension Fund participate in asset pooling?
The fund transferred assets to the Wales Pension Partnership collective investment pool in 2018 and continues to operate within that structure for the eight Welsh LGPS funds.
Does the City and County of Swansea Pension Fund make direct investments?
The fund holds positions in Newcore Swansea Social Infrastructure Partnership and the Uskmouth Power Station redevelopment alongside pooled mandates.
What asset classes receive target allocations at the City and County of Swansea Pension Fund?
Private equity carries a 5 percent target allocation; additional sleeves include infrastructure, timberland, farmland, trade finance and gold.
Which external advisors support the City and County of Swansea Pension Fund?
Hymans Robertson acts as investment advisor, Aon as actuary, Northern Trust as custodian and Audit Wales as external auditor.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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