Agenda

Local Pension Committee - Friday, 14 March 2025 9.30 am

Venue: Sparkenhoe Committee Room, County Hall, Glenfield

Contact: Mrs Angie Smith (0116 305 2583). Email: Angie.Smith@leics.gov.uk

Items
No.	Item
1.	Minutes of the meeting held on 31 January 2025. PDF 99 KB
2.	Question Time.
3.	Questions asked by members under Standing Order 7(3) and 7(5).
4.	To advise of any other items which the Chairman has decided to take as urgent elsewhere on the agenda.
5.	Declarations of interest in respect of items on the agenda.
6.	2025 Fund Valuation - Results of the Stabilised Employer Modelling. PDF 205 KB Additional documents: Leicestershire County Council Pension Fund 2025 ALM Report , item 6. PDF 929 KB
7.	Pension Fund Policy Report. PDF 171 KB Additional documents: Appendix A Draft LCCPF Investment Strategy Statement March 2025 , item 7. PDF 491 KB Appendix B Investment Adviser Objectives November 2024 , item 7. PDF 237 KB Appendix C Leicestershire County Council Pension Fund CMS 2025 , item 7. PDF 72 KB Appendix D Admin and Comms Strategy March 2024 (updated Dec 2024) (f) , item 7. PDF 377 KB Appendix E Leicestershire Pension Fund Conflict of Interest Policy , item 7. PDF 293 KB There are a further 7 documents.View the full list of documents for item 7.
8.	Pension Fund - Business Plan and Budget 2025/26. PDF 178 KB Additional documents: Appendix A - Pensions Business Plan 2025-26 , item 8. PDF 275 KB Appendix B - Investment Business plan 2025 , item 8. PDF 248 KB Appendix C - Training Plan 2025 , item 8. PDF 112 KB
9.	Risk Management and Internal Controls. PDF 165 KB Additional documents: Appendix A - Pension Fund Risk Register , item 9. PDF 291 KB Appendix B - Pension Fund Risk Register Key - Updated , item 9. PDF 194 KB
10.	DTZ International (DTZ) - UK Property Update. PDF 123 KB Additional documents: Appendix - DTZ Presentation Final , item 10. PDF 953 KB
11.	Summary Valuation of Pension Fund Investments. PDF 406 KB Additional documents: Appendix - Hymans Capital Markets Update Winter 2025 , item 11. PDF 1 MB
12.	Responsible Investing Update. PDF 173 KB Additional documents: Appendix A - RI Plan 2025 , item 12. PDF 202 KB Appendix B - LPFVotingReportQ4 , item 12. PDF 176 KB
13.	Date of next meeting. The date of the next meeting is scheduled for 27 June 2025, at 9.30am.
14.	Any other items which the Chairman has decided to take as urgent.
15.	Exclusion of the Press and Public. The public are likely to be excluded during consideration of the remaining items in accordance with Section 100(A)(4) of the Local Government Act 1972 (Exempt Information).
16.	Leicestershire Total Fund Summary Q4 View the reasons why item 16. is restricted
17.	LGPS Central Quarterly Investment Report - 31 December 2024 View the reasons why item 17. is restricted
	Growth
18.	Ruffer Quarterly Report View the reasons why item 18. is restricted
19.	Adams Street Partners Quarterly Report View the reasons why item 19. is restricted
20.	Fulcrum Diversified Core Absolute Return Quarterly Report View the reasons why item 20. is restricted
21.	Legal and General Investment Manager Quarterly Report View the reasons why item 21. is restricted
22.	LGPS Central PE Primary Reports View the reasons why item 22. is restricted
23.	Patria SOF Quarterly Report View the reasons why item 23. is restricted
	Income
24.	KKR Global Infrastructure Investors Quarterly Report View the reasons why item 24. is restricted
25.	LGPS Central Direct Property Quarterly Report View the reasons why item 25. is restricted
26.	Saltgate UK AVPUT View the reasons why item 26. is restricted
27.	Christofferson Robb & Company CRF Quarterly Report View the reasons why item 27. is restricted
28.	IFM Global Infrastructure Quarterly Investor Report View the reasons why item 28. is restricted
29.	Infracapital Greenfield Partners LP View the reasons why item 29. is restricted
30.	JP Morgan Asset Manager Infrastructure Investments Fund Quarterly Report View the reasons why item 30. is restricted
31.	LaSalle Leicestershire County Council Pension Fund Quarterly Report View the reasons why item 31. is restricted
32.	LGPS Central Credit Partnership Quarterly Report View the reasons why item 32. is restricted
33.	LGPS Central Core/Core Plus Infrastructure Partnership LP Quarterly Report View the reasons why item 33. is restricted
34.	M&G Investments Debt Opportunities Quarterly Report View the reasons why item 34. is restricted
35.	Partners Group Multi Asset Credit Monthly Report View the reasons why item 35. is restricted
36.	Stafford Timberland Quarterly Report View the reasons why item 36. is restricted
	Protection
37.	Aegon Asset Management Quarterly Report View the reasons why item 37. is restricted