Investors can de-risk and increase the long-term returns of unlisted infrastructure assets by enacting forward-looking ESG transitions, investors say, but they need to ensure sufficient control at the board level.
LPP’s chief investment officer is convinced proper governance is the key to fund collaborations. He has Lancashire County and London pensions on similar paths and has bulked up in-house prowess.
The London Pension Fund Authority (LPFA) and the Lancashire County Pension Fund (LCPF) have agreed to a liability asset management partnership – known as the Lancashire and London Pensions Partnership (LLPP) – that allows for the pooling of assets and a reduction in investment costs. Each of the funds will retain their own strategic asset
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Sustainability Oxford 2023