East Sussex County Council Pension Fund

East Sussex County Council Pension Fund

East Sussex County Council Pension Fund was established in 1974 and operates as the pension arrangement for local government employees in East Sussex. East Sussex County Council serves as the administering authority. The fund participates in the LGPS framework and maintains a dedicated pension committee chaired by Gerard Fox. The portfolio spans global equity mandates, UK and international real estate, and infrastructure commitments. Asset classes include public equities through managers such as Longview and Baillie Gifford, commercial property via CBRE pooled vehicles, and real estate debt through M&G. Geographic exposure covers the United Kingdom and global markets. Confirmed holdings include CBRE Global Real Estate Fund and Pantheon Ventures. The fund also maintains a direct loan to Wave Community Bank in East Sussex. Assets total $6.2 billion. The fund employs external providers including Isio as investment advisor since 2020 and Barnett Waddingham as scheme actuary since 2021. It maintains membership in LAPFF, IIGCC and PRI. In September 2024 the fund participated as a speaker at the LGC LGPS Investment Summit discussing pooling and sustainable strategies. Additional relationships include a preferred future pooling arrangement with Border to Coast Pensions Partnership. The fund operates under the statutory LGPS governance structure with oversight from the East Sussex Pension Committee. Pooling through ACCESS determines mandate selection and reduces duplication across member funds. This architecture separates investment execution from the administering council while retaining local committee accountability for strategy and risk.