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Nationwide Pension Fund
Nationwide Pension Fund was established in 1990 to deliver retirement benefits to employees of its sponsoring employer. The plan operates under a trustee board...
Nationwide Pension Fund
Nationwide Pension Fund was established in 1990 to deliver retirement benefits to employees of its sponsoring employer. The plan operates under a trustee board structure with Mark Thompson as chair. The fund holds a 37 percent allocation to private equity and maintains direct commercial property investments through LaSalle Investment Management. Confirmed holdings include the PfP Scottish Mid-Market Rent Fund and the New Avenue Living Fund, both focused on affordable housing in Scotland. Additional positions exist in ground rents and long-lease properties across the United Kingdom. The fund reported administration by Gallagher as of July 2024. It maintains relationships with Aon as investment advisor and Insight Investment for LDI and swaps management. The fund participates in the Occupational Pensions Stewardship Council as a founding member. The plan is governed by a trustee board that includes former Chief Investment Officer Mark Hedges. Sponsorship by Nationwide Building Society provides the sole source of contributions and defines the closed membership base.
General information
Firm type
Single Family Office
Year founded
1990
Location
Region
Europe
Country
United Kingdom
City
Columbus
Corporate office
Nationwide Building Society, Nationwide House, Pipers Way, Swindon, SN38 2GN
Principals
Mark Thompson
Chair of the Trustee Board
Mark Hedges
Trustee Director and former Chief Investment Officer
Philip Nicholas Whittome
Director of Nationwide Pension Fund Trustee Limited
Sector focus
Frequently asked questions
Who runs investment decisions at Nationwide Pension Fund?
Mark Thompson serves as Chair of the Trustee Board. Mark Hedges acts as Trustee Director and former Chief Investment Officer.
Does Nationwide Pension Fund participate in fund commitments or only direct deals?
The fund commits to private equity vehicles including Investcorp Technology Partners IV and Foresight Regional Investment LP. It also holds direct real estate assets through LaSalle Investment Management.
Where does the underlying wealth come from?
The fund is sponsored solely by Nationwide Building Society, which provides contributions for its employees.
What is Nationwide Pension Fund's known posture on co-investments alongside external GPs?
The fund co-invests in the New Avenue Living Fund alongside Scottish National Investment Bank and Strathclyde Pension Fund.
Does Nationwide Pension Fund maintain philanthropic structures, and how are they separated?
The related Nationwide Foundation focuses on affordable housing in the United Kingdom and was established in 1997.
Profile maintained by Altss 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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