Pension Fund

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Falkirk Pension Fund

Falkirk Pension Fund operates as a Scottish LGPS fund serving members from public sector employers in the region. Falkirk Council acts as the administering...

Falkirk Pension Fund logo

Falkirk Pension Fund

Falkirk Pension Fund operates as a Scottish LGPS fund serving members from public sector employers in the region. Falkirk Council acts as the administering authority. The fund allocates across private equity, real estate, and infrastructure. Confirmed holdings include positions in Alcentra European Direct Lending Fund III, Ancala Midstream Partners II, and Dalmore Capital 3. Real estate exposure features direct ownership of West Mains Industrial Estate plus minority stakes in IPIF, BlackRock UK Property Fund, and Schroders Capital UK Real Estate Fund. Geographic focus centers on the United Kingdom with additional European and global infrastructure exposure. Assets total $4.5 billion. The fund maintains memberships in LAPFF, IIGCC, Climate Action 100+, and PRI. Service providers include Hymans Robertson as actuary and investment advisor, Northern Trust as global custodian, and Audit Scotland as external auditor. No dated operational events from the last 24 months appear in available records. The fund follows a multi-manager structure through external vehicles rather than internal direct deal execution, with oversight provided by the Joint Investment Strategy Panel in partnership with Lothian Pension Fund.

General information

Firm type

Pension Fund

Location

Region

Europe

Country

United Kingdom

City

Larbert

Corporate office

4 Central Park Ave FK5 4RU, Larbert, United Kingdom

Sector focus

Real EstateInfrastructurePrivate Equity

Frequently asked questions

Who administers the Falkirk Pension Fund?

Falkirk Council serves as the administering authority for the pension fund.

What asset classes receive allocations from the fund?

Allocations include private equity at 0.5 percent, real estate through multiple UK funds, and infrastructure commitments to vehicles such as Alinda Infrastructure Parallel Fund III and Ardian Infrastructure TSH Fund.

Does the fund participate in co-investments or fund commitments?

The fund participates through limited partner commitments to external funds and holds minority ownership in pooled real estate vehicles.

Which organizations provide investment advice to the fund?

Hymans Robertson acts as actuary and investment advisor. PIRC provides corporate governance advice.

How does the fund approach responsible investment?

The fund holds memberships in LAPFF, IIGCC, Climate Action 100+, and PRI through its partnership with Lothian Pension Fund.

What is the relationship with Lothian Pension Fund?

The two funds collaborate on investment strategy and management through the LPFI vehicle and a Joint Investment Strategy Panel.

Profile maintained by 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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