Agenda

Local Pension Committee - Friday, 20 March 2026 10.00 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 30 January 2026. PDF 116 KB
2.	Question Time.
3.	Questions asked by members under Standing Order 32(1).
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.	LGPS Central Presentation. PDF 265 KB Additional documents: Appendix Leicestershire Pensions Committee , item 6. PDF 1022 KB
7.	Pension Fund Valuation - Funding Strategy Statement and Results. PDF 207 KB Additional documents: Appendix A - FSS 2025 Valuation , item 7. PDF 679 KB Appendix B - Funding Strategy Statement consultation summary (LCCPF) , item 7. PDF 283 KB Appendix C - Fund Response to Board Feb 2026 , item 7. PDF 126 KB Appendix D - Leicestershire County Council Pension Fund - Governance Audit Trail , item 7. PDF 231 KB Appendix E - 2025 Final Results Report (Leicestershire County Council Pension Fund) , item 7. PDF 2 MB
8.	Risk Management and Internal Controls. PDF 165 KB Additional documents: Appendix A Pension Fund Risk Register Jan 2026 , item 8. PDF 267 KB Appendix B Pension Fund Risk Register Key - Updated , item 8. PDF 194 KB
9.	Valuation of Pension Fund Investments. PDF 433 KB
10.	Outcome of the Responsible Investment Survey and Responsible Investment Update. PDF 262 KB Additional documents: Appendix A - RI Plan 2026 , item 10. PDF 203 KB Appendix B - LPFVotingReportQ42025 , item 10. PDF 154 KB Appendix C RI Survey. , item 10. PDF 335 KB
11.	Pension Fund - Budget Plan and Budget 2026/27. PDF 191 KB Additional documents: Appendix A Admin Business Plan 2026 - 27 , item 11. PDF 306 KB Appendix B Inv Business plan 2026 27 , item 11. PDF 204 KB Appendix C Governance plan 2026 27 , item 11. PDF 96 KB Appendix D Training Plan 2026 , item 11. PDF 132 KB
12.	Pension Fund Policy Report. PDF 177 KB Additional documents: Appendix A Draft LCCPF Investment Strategy Statement 2026 , item 12. PDF 469 KB Appendix B Administration Strategy , item 12. PDF 381 KB Appendix C Fund Training Strategy , item 12. PDF 162 KB Appendix D Conflict of Interest Policy , item 12. PDF 307 KB Appendix E Fund Employer Risk Policy , item 12. PDF 145 KB
13.	Date of next meeting. The date of the next meeting is scheduled for 3 July 2026, at 10.00am.
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.	LGPS Central Quarterly Investment Report View the reasons why item 16. is restricted
17.	Leicestershire Total Fund Summary View the reasons why item 17. is restricted
	Growth
18.	Adams Street Partners Quarterly Report View the reasons why item 18. is restricted
19.	Legal and General Investment Manager Quarterly Report View the reasons why item 19. is restricted
20.	LGPS Central PE Primary Partnership 2018 LP Quarterly Report View the reasons why item 20. is restricted
21.	LGPS Central PE Primary Partnership 2021 LP Quarterly Report View the reasons why item 21. is restricted
22.	LGPS Central PE Primary Partnership 2023 LP Quarterly Report. View the reasons why item 22. is restricted
23.	Patria SOF Quarterly Report View the reasons why item 23. is restricted
24.	Ruffer Quarterly Report View the reasons why item 24. is restricted
	Income
25.	KKR Global Infrastructure Investors Fourth Quarterly Report View the reasons why item 25. is restricted
26.	Saltgate UK AVPUT View the reasons why item 26. is restricted
27.	Stafford Timberland View the reasons why item 27. is restricted
28.	Christofferson Robb & Company CRC Capital Release Fund Quarterly Report View the reasons why item 28. is restricted
29.	IFM Global Infrastructure Quarterly Investor Report View the reasons why item 29. is restricted
30.	Infracapital Greenfield Partners LP 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 View the reasons why item 32. is restricted
33.	M&G Investments Debt Opportunities Quarterly Report View the reasons why item 33. is restricted
34.	Partners Group View the reasons why item 34. is restricted
35.	Savilles LCCPF Valuation Report View the reasons why item 35. is restricted
	Protection
36.	Aegon Asset Management Quarterly Report View the reasons why item 36. is restricted
37.	LCCPF IL and FX Update View the reasons why item 37. is restricted