Updated:
Durham County Council
Durham County Council Pension Fund was established in 1974. It operates as one of eleven equal shareholders in the Border to Coast Pensions Partnership, the...
Durham County Council
Durham County Council Pension Fund was established in 1974. It operates as one of eleven equal shareholders in the Border to Coast Pensions Partnership, the LGPS asset pool that now holds the majority of its assets. The fund maintains allocations to global equities, fixed income, and real estate. Confirmed holdings include the Border to Coast Global Equity Alpha Fund, Legal & General Passive Global Equities, Border to Coast Multi Asset Credit Fund, and a $600 million global real estate mandate managed by CBRE. A further $235 million sits in the Border to Coast UK Direct Real Estate Fund. Geographic exposure centers on the United Kingdom and developed markets outside the UK. The pension fund reports 4,694.64 million USD in assets. It maintains membership in the Local Authority Pension Fund Forum, the Pensions and Lifetime Savings Association, the Institutional Investors Group on Climate Change, and Climate Action 100+. December 2024: the Pension Fund Committee met to review investment performance and responsible investment policy. The fund’s structure is defined by mandatory participation in the Border to Coast pool, which replaced separate manager mandates for most asset classes and created a single point of governance for eleven LGPS funds.
General information
Firm type
Pension Fund
Year founded
1974
Location
Region
Europe
Country
United Kingdom
City
Durham
Corporate office
County Hall, Durham, County Durham, United Kingdom
Sector focus
Frequently asked questions
Who runs investment decisions at Durham County Council Pension Fund?
The Pension Fund Committee sets policy and reviews performance. Day-to-day implementation occurs through the Border to Coast Pensions Partnership and appointed managers including CBRE and AllianceBernstein.
How does Durham County Council Pension Fund source proprietary deal flow?
The fund accesses private markets exclusively through the Border to Coast platform and its underlying managers. Direct sourcing is limited to the real estate allocation managed by CBRE.
Does Durham County Council Pension Fund participate in fund commitments or only direct deals?
Commitments are made to Border to Coast sub-funds covering private equity, infrastructure, and real estate. The fund also holds a direct global real estate mandate with CBRE.
What investment stages does Durham County Council Pension Fund typically target?
Through Border to Coast vehicles the fund reaches buyout, growth, secondaries, and infrastructure strategies. No direct early-stage venture exposure is recorded.
Where does the underlying wealth come from?
Assets derive from employer and employee contributions to the Local Government Pension Scheme for Durham County Council employees and former employees.
How is Durham County Council Pension Fund related to Border to Coast Pensions Partnership?
Durham County Council is one of eleven partner funds and shareholders in the Border to Coast Pensions Partnership, the LGPS pooling vehicle that now manages the majority of its assets.
Does Durham County Council Pension Fund maintain philanthropic structures?
The council partners with the separate County Durham Community Foundation on local grant-making, but this vehicle sits outside the pension fund.
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.
Need institutional-grade insight on pension funds?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: