Pensions Committee

The London Borough of Hillingdon Pensions Committee is responsible for all decisions concerning administration and investments of the pension fund. Their role is similar to that of a Board of Trustees of a private sector fund.

Officer support

The committee is supported by:

  • Steve Muldoon 
    Corporate Director of Finance
  • Pete Carpenter 
    Director of Pensions, Treasury and Statutory Accounts
  • Tunde Adekoya
    Finance Manager, Pensions and Governance

Fund managers

The Hillingdon Fund assets are managed externally by investment managers. The performance of the fund managers, as well as the investment performance of the assets under their management, are constantly measured and monitored.

Breakdown of investments

The Hillingdon Pension Fund is part of the Local Government Pension Scheme (LGPS). More information can be found on our Hillingdon Pension Fund webpage.

Fund Manager

Mandate

% of fund

Adams Street Partners

Private Equity 

0.08

AEW UK

Property Pooled Fund

0.56

Blackstone

Absolute Return

2.16

LGT Capital Partners

Private Equity

0.07

M&G Investments

Direct Investments

0.01

Macquarie Infrastructure

Infrastructure

0.50

London CIV

Equity Income/Absolute Return/Infrastructure/Credit and Pooled Property Fund

36.9

Permira LLP

Private Credit 

0.49

Legal & General Investments Management

Multi Asset Passive

55.67

Northern Trust

Cash

1.30

Advisors to the pensions committee

  • London CIV Ltd 
    Investment advisor
  • Northern Trust
    Global custodian and preparation of performance reporting
  • Marian George 
    Independent advisor

Pensions committee voting

If you are a voting member of the Pensions Committee, you can access the meeting information online

View pensions committee

Pensions committee minutes

View minutes from previous Pensions Committee meetings online.

View meeting minutes