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Oxfordshire County Council Pension Fund
The Oxfordshire County Council Pension Fund was established in 1974 to administer retirement benefits for local government employees in Oxfordshire.
Oxfordshire County Council Pension Fund
The Oxfordshire County Council Pension Fund was established in 1974 to administer retirement benefits for local government employees in Oxfordshire. It functions as one of the 86 funds inside the Local Government Pension Scheme and shares ownership of the Brunel Pension Partnership with nine other schemes. The fund deploys capital across public equities, private equity, infrastructure and real assets. Brunel manages the bulk of the portfolio through cycle funds that include buyout, venture, private debt and secured income strategies. Confirmed holdings include the Toucan Energy solar portfolio, the Man Group Community Housing Fund and the Wessex Gardens LP renewable assets. Geographic exposure centers on the United Kingdom and global developed markets. Assets under management stand at approximately $4.83 billion. The fund maintains no additional offices beyond County Hall in Oxford. It participates in the UK Stewardship Code and the Paris Aligned Asset Owners initiative. In March 2024 the fund attended the Green Opportunities in Oxfordshire Conference to review nature restoration and sustainable farming investments. Oxfordshire’s structure is defined by mandatory pooling inside Brunel, which removes direct manager selection from the local pension committee and places it with the pool operator. This arrangement limits standalone mandates while preserving local oversight of responsible investment policy through the Pension Fund Committee.
General information
Firm type
Pension Fund
Year founded
1974
Location
Region
Europe
Country
United Kingdom
City
Oxford
Corporate office
County Hall, New Road, Oxford, OX1 1ND, United Kingdom
Principals
Mark Smith
Head of Pension Fund
Councillor Peter Stevens
Chair of the Pension Fund Committee
Matthew Trebilcock
Independent Chairman of the Pension Board
Sector focus
Frequently asked questions
Who runs investment decisions at Oxfordshire County Council Pension Fund?
Mark Smith serves as Head of Pension Fund. The Pension Fund Committee, chaired by Councillor Peter Stevens, sets high-level policy while Brunel Pension Partnership executes manager selection and portfolio construction.
How is Oxfordshire County Council Pension Fund structured relative to other LGPS funds?
It is one of ten co-owners of the Brunel Pension Partnership. The pool handles investment implementation while the local committee retains responsibility for funding strategy and responsible investment beliefs.
Does the fund commit to external managers or invest directly?
Commitments flow through Brunel cycle funds covering private equity, infrastructure and private debt. Direct holdings appear in social housing and renewable energy assets via vehicles such as the Man Group Community Housing Fund.
What asset classes receive the largest allocations?
Public equities dominate through Brunel global and UK mandates. Private equity, infrastructure and real assets each carry dedicated targets, with current private equity exposure at 12.18 percent against a 10 percent policy weight.
Which regions does the fund target for infrastructure and real assets?
Primary focus remains the United Kingdom, including solar assets in the southwest of England and housing projects in Oxfordshire. Brunel infrastructure portfolios add global developed-market exposure.
How does the fund approach ESG and stewardship?
It is a signatory to the UK Stewardship Code and a member of Paris Aligned Asset Owners. Josh Brewer serves as Responsible Investment Officer and integrates these commitments into manager oversight.
What service providers support the fund’s operations?
Brunel Pension Partnership acts as investment pool operator. State Street provides custody, Hymans Robertson serves as actuary and Apex Group supplies independent investment advice.
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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