# Pension Protection Fund

Pension Protection Fund is a Pension Fund based in Croydon, United Kingdom.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Croydon, United Kingdom
- **Region:** Europe
- **Address:** Renaissance, 12 Dingwall Road, Croydon, Surrey, United Kingdom, CR0 2NA
- **Founded:** 2005
- **Assets under management:** 40670 (Altss estimate)
- **Website:** www.ppf.co.uk
- **LinkedIn:** https://uk.linkedin.com/company/pension-protection-fund

## Regulatory record

- **Reports private funds:** No

## About

Pension Protection Fund was established in 2005. It is headquartered in Croydon, Surrey, UK and acts as a statutory corporation of the Department for Work and Pensions. The fund provides pension benefits and protects members of other defined-benefit pension schemes.

## Sectors

- Forestry & Timber
- Infrastructure
- Diversified

## People

- Kate Jones — Chair of the Board

## Questions

### Who runs investment decisions at Pension Protection Fund?

Barry Kenneth serves as Chief Investment Officer. Richard Beaven acts as Acting Chief Executive and oversees overall operations including investment execution.

### Does Pension Protection Fund participate in fund commitments or only direct deals?

The fund executes both fund commitments and direct investments. It holds private-equity fund positions alongside direct ownership of operating businesses such as Riverside Energy from Waste.

### What asset classes does Pension Protection Fund allocate to?

Allocations include public equities, private equity at 6.65 percent, and timberland exceeding $1.25 billion. The fund also maintains infrastructure exposure through energy-from-waste assets.

### Which regions does Pension Protection Fund invest in?

The fund holds assets in the United Kingdom, Australia, New Zealand, the United States, Ireland, the Baltics, and the Nordics. Forestry investments are concentrated in the southern hemisphere and northern Europe.

### How is Pension Protection Fund related to the UK government?

It functions as a statutory corporation under the Department for Work and Pensions. The department serves as its parent body and the fund administers protections mandated by UK legislation.

### Does Pension Protection Fund maintain co-investment relationships?

Yes. It formed joint ventures with APG Asset Management and UniSuper to acquire Wenita Forest Products and the Forico Forestry Estate.

### What governance memberships does Pension Protection Fund hold?

The fund is a signatory to the Principles for Responsible Investment since 2007 and the UK Stewardship Code. It also participates in the International Centre for Pension Management.

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- [AXA XL Insurance](https://altss.com/profile/axa-xl-insurance)
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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/pension-protection-fund

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology