19 October 2023
ICPM Welcomes Border to Coast Pensions Partnership
ICPM is thrilled to welcome Border to Coast Pensions Partnership to the network. With more than US$49 billion in assets under management, Border to Coast was created to pool the investments of Local Government Pension Scheme (LGPS) funds. Established as a regulated asset manager in 2018, they are one of the largest LGPS pools in the UK representing more than than 1.1 million LGPS members and over 2,800 employers.
“Border to Coast has been highly successful at pooling local government pension assets into an efficient investment vehicle,” says Sebastien Betermier, ICPM’s Executive Director. “We look forward to learning from them and welcoming them to the network.”
Ewan McCulloch, Chief Stakeholder Officer at Border to Coast adds, “We’re delighted to join ICPM. It’s recognised as a world class organisation, helping to share best practice on long-term investing, strengthening governance of pension investments, and improving design and governance of pension schemes. In joining them, and working with likeminded organisations, we will be able to continue to make a difference for the LGPS.”
ICPM is now a network of 49 pension funds with 4 in the UK.
For more information, please contact icpm@icpmnetwork.com