North Yorkshire Pension Fund

North Yorkshire Pension Fund

North Yorkshire Pension Fund was established in 1974 as the pension arrangement for local government employees in the county. It is administered by North Yorkshire Council, which acts as the statutory administering authority. The fund participates in the Border to Coast Pensions Partnership as one of its founding members. The fund deploys across global equities, UK equities, listed alternatives, real estate and infrastructure. It holds positions in Border to Coast Global Equity Alpha, Border to Coast UK Equities and Border to Coast Listed Alternatives as of March 2024. Real estate exposure includes the Border to Coast UK Real Estate Fund with assets such as Springstead Village in Cambridge. Infrastructure and climate commitments run through the Border to Coast Climate Opportunities Fund and Border to Coast Infrastructure. Allocations occur via the pooling partnership rather than direct fund commitments or co-investments outside the pool. Geographic reach covers the United Kingdom and global markets. Assets under management stand at approximately $6.3 billion. The fund maintains service relationships with Northern Trust as global custodian and Aon as investment advisor. It belongs to the Local Authority Pension Fund Forum and the Local Government Pension Scheme. In May 2024 the fund announced a £200 million commitment to green ventures and the Climate Opportunities Fund while speaking at the UK Real Estate Investment & Infrastructure Forum in Leeds. The fund's structure is defined by its mandatory participation in the Border to Coast pooling arrangement, which consolidates investment activity for multiple UK local authority schemes under a single operator. This creates a shared vehicle model distinct from standalone public pension mandates.