London Borough of Waltham Forest Pension Fund

London Borough of Waltham Forest Pension Fund

The London Borough of Waltham Forest Pension Fund provides retirement security for thousands of local residents, with its investment strategy set by the Waltham Forest Pension Committee. The fund is one of 89 member funds in the Local Government Pension Scheme (LGPS) for England and Wales. Its most significant governance partner is the London Collective Investment Vehicle (London CIV), through which it pools the majority of its liquid assets. The fund's direct allocations span real estate and renewable infrastructure. Major real estate commitments include the UBS Triton Property Fund, the Schroders UK Real Estate Fund, and the CBRE Global Alpha Fund. On the infrastructure side, confirmed commitments include Quinbrook Renewables Impact Fund I and II, as well as Global Infrastructure Partners (GIP) III and V. The fund also holds the Darwin Leisure Property Fund, a mixed-use vehicle. Its investment footprint spans the United Kingdom and global markets. The day-to-day management is overseen by Pensions and Treasury Manager Debbie Drew, who reports to the Pension Committee chaired by Cllr Johar Khan. The fund is an active member of collaborative bodies that shape its stewardship posture, including the Local Authority Pension Fund Forum (LAPFF), the Institutional Investor Group on Climate Change (IIGCC), and the Pensions and Lifetime Savings Association (PLSA). No verifiable operational event from the last 24 months is recorded in the available sources. The fund's structural differentiator is normative, not architectural. It was the first UK LGPS fund to commit to full divestment from fossil fuels and the arms trade, a posture that now defines its allocations. This policy commitment funnels capital through vehicles like London CIV and into dedicated impact funds, making the fund a reference case for ethical mandates within the LGPS system.