Border to Coast Pensions Partnership: New LGPS Members Join Collaboration
Deal News | Aug 11, 2025 | Border to Coast Pensions Partn
The Border to Coast Pensions Partnership is set to expand with the intended inclusion of seven Local Government Pension Scheme (LGPS) funds: Cambridgeshire, East Sussex, Essex, Hertfordshire, Kent, Northamptonshire, and West Sussex. This announcement follows the UK Government's 'Fit for the Future' consultation, which outlines new frameworks for LGPS funds, prompting these seven funds to begin exclusive discussions with Border to Coast as their preferred pooling partner. The partnership is endorsed by Councillor Jeremy Hunt and emphasizes Border to Coast's governance framework and collaborative culture. The CEO of Border to Coast, Rachel Elwell, expressed satisfaction over the shared commitment to collaboration and innovation. Currently, Border to Coast manages approximately £65 billion, and with the additional seven funds' £45 billion, the partnership's scope and resources will significantly increase. The planned timeline indicates the completion of the new partnership by April 2026.
Sectors
- Investment Management
- Pensions
- Public Sector
Geography
- United Kingdom – The article discusses pension funds and partnerships specific to the United Kingdom's Local Government Pension Scheme.
Industry
- Investment Management – The article focuses on the pooling and management of pension funds, which is a critical aspect of the investment management industry.
- Pensions – The primary focus of the article is about Local Government Pension Schemes (LGPS) and their strategic pooling into the Border to Coast Pensions Partnership.
- Public Sector – The LGPS funds involved are part of the public sector, managed through local government bodies.
Financials
- c.65bn – Current investments managed by Border to Coast Pensions Partnership.
- c.45bn – Investment value of the seven LGPS funds intending to join Border to Coast.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Border to Coast Pensions Partnership | Target Company | Company | A major pooling entity responsible for managing investments on behalf of LGPS funds. |
| Cambridgeshire, East Sussex, Essex, Hertfordshire, Kent, Northamptonshire, and West Sussex | Potential Joining Funds | Company | Seven local government pension schemes engaging in exclusive discussions to join Border to Coast. |
| Jeremy Hunt | Spokesperson for LGPS Funds | Person | Councillor involved with the West Sussex Pension Fund, representing the seven joining funds. |
| George Jabbour | Chair of Border to Coast Joint Committee | Person | Responsible for chairing the joint committee overseeing the partnership. |
| Rachel Elwell | Chief Executive Officer | Person | CEO of Border to Coast, leading the strategic growth and management of the partnership. |
| UK Government | Regulatory Body | Government | Authority that launched the 'Fit for the Future' consultation guiding LGPS fund reforms. |