# Islington Council

Islington Council is a Pension Fund based in London, United Kingdom.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** London, United Kingdom
- **Region:** Europe
- **Address:** 7 Newington Barrow Way, 4th Floor Islington, N7 7EP, United Kingdom
- **Founded:** 1974
- **Assets under management:** Undisclosed
- **Website:** www.islington.gov.uk
- **LinkedIn:** https://www.linkedin.com/company/islington-council

## Regulatory record

- **Reports private funds:** No

## About

The London Borough of Islington Pension Fund was established in 1974. It operates as a public pension fund serving local government employees. Paul Convery leads the Pensions Committee while George Sharkey chairs the Local Pension Board. The fund allocates across real estate, infrastructure and private credit. Holdings include the Aviva Lime Property Fund valued at $226 million and the Franklin Templeton Global Property Fund of Funds at $125 million. It commits to Quinbrook Infrastructure Partners through the Low Carbon Power Fund and to Pantheon Access. Allocations span the United Kingdom and global markets. The fund also participates in secondaries and mezzanine strategies via external managers. The fund reports 2,495.84 million USD in assets. It maintains no additional offices beyond its London headquarters. Service providers include Mercer as investment advisor since 2010 and BNY Mellon as custodian. In September 2025 the fund held its Annual General Meeting at Islington Town Hall to review performance and governance. The fund operates as a founding shareholder in the London CIV, the collective vehicle that pools assets for 32 London boroughs. This structure routes commitments through a shared platform rather than direct mandates. It also belongs to the LAPFF and IIGCC for coordinated engagement on climate and governance issues.

## Sectors

- Infrastructure
- Real Estate
- Private Credit

## People

- Paul Convery — Chair of the Islington Pensions Committee
- George Sharkey — Chair of the Islington Local Pension Board

## Questions

### Who runs investment decisions at Islington Council Pension Fund?

Paul Convery chairs the Islington Pensions Committee. George Sharkey chairs the Local Pension Board. Mercer serves as investment advisor.

### How does Islington Council Pension Fund source proprietary deal flow?

The fund routes commitments through the London CIV platform and external managers including Pantheon and Quinbrook.

### Does Islington Council Pension Fund participate in fund commitments or only direct deals?

The fund makes commitments to funds and co-invests directly in property and infrastructure vehicles.

### What investment stages does Islington Council Pension Fund typically target?

The fund targets buyout, secondaries, mezzanine and venture strategies through its external managers.

### What is Islington Council Pension Fund's known posture on co-investments alongside external GPs?

The fund takes limited partner positions alongside managers such as Quinbrook, Pantheon and Permira Credit Solutions.

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

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