West Northants Pensions

West Northants Pensions

West Northants Pensions was established in 1974 as the Cambridgeshire County Council Pension Fund. It provides retirement benefits for local government employees and now incorporates the Northamptonshire Pension Fund following council restructuring. The administering authority is West Northamptonshire Council. The fund allocates to private equity at a 12 percent current weighting. It holds positions in multiple UK property vehicles including Lime Property Fund Unit Trust, M&G Secured Property Institutional units, Industrial Property Investment Fund, Hermes Property Unit Trust, and Unite UK Student Accommodation. Geographic exposure centers on the United Kingdom with additional listed equity holdings in Australia, Canada, and other markets. The fund maintains membership in the Local Authority Pension Fund Forum. It works with service providers including Hymans Robertson as actuary and Northern Trust as custodian. In November 2024 the fund participated in the LGPS Fit for the Future Consultation on pooling standards. The fund is structured as a public sector LGPS vehicle with mandatory pooling obligations that distinguish it from private institutional investors.