Updated:
Northern LGPS
Northern LGPS is a partnership between the Greater Manchester GMPF, Merseyside MPF and West Yorkshire WYPF Local Government Pension Scheme funds.
Northern LGPS
Northern LGPS is a partnership between the Greater Manchester GMPF, Merseyside MPF and West Yorkshire WYPF Local Government Pension Scheme funds. Formerly known as Northern Pool, it manages combined assets of 61 billion pounds as one of Britain’s largest public investment funds. Northern LGPS ensures performance of its funds’ assets for member retirements.
General information
Firm type
Pension Fund
Year founded
2018
Location
Region
Europe
Country
United Kingdom
City
Droylsden
Corporate office
Guardsman Tony Downes House 5 Manchester Road, Droylsden, United Kingdom, M43 6SF
Principals
Eleanor Wills
Chair of the Northern LGPS Joint Committee
Gerald Cooney
Former Chair of the Northern LGPS Joint Committee
Sector focus
Frequently asked questions
Who runs investment decisions at Northern LGPS?
The Joint Committee, currently chaired by Eleanor Wills, approves major allocations. Day-to-day execution occurs through shared vehicles such as GLIL Infrastructure and Northern Private Equity Pool.
Does Northern LGPS participate in fund commitments or only direct deals?
It uses both structures. The firm holds limited-partner positions in funds managed by Heim Global Investor and Legal & General while also owning operating assets directly through GLIL and PRS Holdco.
What investment stages does Northern LGPS typically target?
The partnership focuses on mature operating assets in real estate and infrastructure rather than early-stage venture. Its equity holdings include established public companies such as NVIDIA, Apple, Microsoft, and Amazon.
Where does the underlying wealth come from?
Assets originate from the Greater Manchester, Merseyside, and West Yorkshire Local Government Pension Schemes, which together serve 870,000 members.
How is Northern LGPS related to its partner funds?
It functions as the investment pooling vehicle for Greater Manchester Pension Fund, Merseyside Pension Fund, and West Yorkshire Pension Fund under a formal partnership agreement established in 2018.
Does Northern LGPS maintain philanthropic structures?
No separate philanthropic vehicles are disclosed. All activity centers on delivering investment returns to the three LGPS partner funds.
What is Northern LGPS's known posture on co-investments alongside external GPs?
It co-invests through platforms such as GLIL Infrastructure and maintains relationships with Local Pensions Partnership Investments for real estate and infrastructure opportunities.
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.
Need institutional-grade insight on pension funds?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: