# London Borough of Waltham Forest Pension Fund

London Borough of Waltham Forest 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
- **Founded:** 1965
- **Assets under management:** Undisclosed
- **Website:** walthamforest.gov.uk
- **LinkedIn:** https://www.walthamforest.gov.uk

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Energy Transition & Renewables
- Infrastructure
- Real Estate

## People

- Cllr Johar Khan — Chair of the Waltham Forest Pension Committee
- Debbie Drew — Pensions and Treasury Manager

## Questions

### Who chairs the Waltham Forest Pension Committee?

Cllr Johar Khan chairs the Waltham Forest Pension Committee, which is responsible for setting the fund's investment strategy, monitoring performance, and ensuring governance. The committee oversees the fund's alignment with its ethical mandates.

### What is the fund's relationship with the London CIV?

The London Borough of Waltham Forest Pension Fund is a shareholder in the London Collective Investment Vehicle (London CIV) and pools the majority of its liquid assets through it. London CIV serves as the primary business partner for the fund's pooled investment strategy.

### Is the fund committed to fossil fuel divestment?

Yes. Waltham Forest was the first UK LGPS fund to commit to fully divesting from fossil fuels and the arms trade. This policy is a central part of the fund's investment principles, as shaped by the Pension Committee.

### What kinds of alternative assets does the fund hold directly?

The fund holds direct commitments in real estate and renewable infrastructure. Known real estate vehicles include the UBS Triton Property Fund, Schroders UK Real Estate Fund, Darwin Leisure Property Fund, and CBRE Global Alpha Fund. Infrastructure commitments include Quinbrook Renewables Impact Funds I and II, and Global Infrastructure Partners (GIP) III and V.

### Which industry bodies does the fund belong to?

The fund is a member of the Local Authority Pension Fund Forum (LAPFF), the Institutional Investor Group on Climate Change (IIGCC), and the Pensions and Lifetime Savings Association (PLSA). These memberships support its collaborative approach to shareholder engagement and climate-resilient investment.

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- [London Borough of Tower Hamlets Pension Fund](https://altss.com/profile/london-borough-of-tower-hamlets-pension-fund)
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Last updated: 2026-06-03T20:00:00.000Z

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