# London Borough of Barnet Pension Fund

London Borough of Barnet Pension Fund is a Pension Fund based in London, United Kingdom.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** London, United Kingdom
- **Region:** Europe
- **Address:** London, United Kingdom
- **Assets under management:** Undisclosed
- **Website:** barnet.gov.uk

## Regulatory record

- **Reports private funds:** No

## About

The London Borough of Barnet Pension Fund administers pension plans, long-term disability plans, and retiree health insurance for government workers. It focuses on investments in the private equity sector, specifically agribusiness.

## Sectors

- Real Estate
- Infrastructure
- Renewables
- Secondaries & Special Situations

## People

- Cllr Simon Radford — Chair of the Barnet Pension Fund Committee
- David Spreckley — Head of Pensions and Treasury

## Questions

### What is the fund's exposure to real estate and infrastructure?

The fund holds positions in pooled commercial property funds including the CBRE Global Alpha Property Fund, abrdn Long Lease Property Fund, and Fiera Real Estate Opportunity Fund V. Infrastructure commitments run through the IFM Global Infrastructure fund and the LCIV Renewables Infrastructure vehicle, targeting core and core-plus risk profiles across UK, European, and global markets.

### Who sits on the investment committee?

Cllr Simon Radford serves as Chair of the Barnet Pension Fund Committee, which includes elected councillors and pensioner representatives. The committee is responsible for strategic asset allocation, while the treasury and pensions team, led by Head of Pensions and Treasury David Spreckley, handles operational implementation and liaison with the LCIV.

### Does Barnet participate in secondaries transactions?

Yes. Secondaries are a stated strategic focus, providing the fund with exposure to mature private equity and infrastructure assets at discounts to net asset value, often with shorter durations to realization. This strategy can smooth J-curve effects and provide tactical liquidity within the private markets allocation.

### How does the fund engage on stewardship and ESG?

Barnet is a member of the Local Authority Pension Fund Forum (LAPFF), which coordinates shareholder engagement and voting policy on behalf of UK public pension funds. The LCIV also integrates responsible investment principles into its fund selection and monitoring, giving Barnet both pooled engagement leverage and committee-level oversight on ESG matters.

### What is the London CIV's role in Barnet's investment operations?

The London CIV acts as a regulated investment manager for Barnet, creating and managing pooled sub-funds into which Barnet invests. The CIV is governed by a board that includes representatives from member boroughs, and Barnet holds shareholder voting rights proportionate to its investment in each sub-fund, combining operational centralization with local democratic accountability.

### Is the Barnet Pension Fund fully funded?

The funding level fluctuates with actuarial valuations and market movements. As a member of the LGPS, Barnet benefits from statutory employer contribution backstops, making its credit profile fundamentally different from a corporate plan. The most recent triennial valuation data is published by the fund and reviewed by the Pension Fund Committee annually.

## Related profiles

- [Londinium Asset Management](https://altss.com/profile/londinium-asset-management)
- [London Borough of Bexley Pension Fund](https://altss.com/profile/london-borough-of-bexley-pension-fund)

---

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

Canonical page: https://altss.com/profile/london-borough-of-barnet-pension-fund

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology