London LGPS CIV Limited

London LGPS CIV Ltd (London CIV), established in 2015 by London Local Authorities manages London Local Government Pension Scheme (LGPS) assets. London CIV is one of eight U.K. LGPS asset pooling companies. The London Boroughs and City of London who are the 32 Shareholders, are also its clients (Client Funds). London CIVs purpose as a pooling company, working in collaboration with our Client Funds, is to achieve added value through economies of scale, greater efficiency and improved performance. The current target for London CIV is to pool 75% of London LGPS total assets in the short-term, which will help in maximising value for our clients and for our broader stakeholders. London CIV is authorised and regulated by the Financial Conduct Authority (FCA). We are in our sixth year of operation. We have achieved the pooling of approximately 56% of our clients assets: assets in active management via 16 funds were 10.0bn; with a further 10.8bn held in passive funds. As at 30th September 2...