This post is also available in: 
Français
The
LPFA
recently
announced
its
intention
to
move
forward
with
a
£10bn
partnership
with
Lancashire
County
Pension
Fund,
which
will
initially
be
known
as
the
Lancashire
and
London
Pensions
Partnership
(LLPP).
Commenting on
the
announcement,
LPFA
Chief
Executive,
Susan
Martin
said: “As
the
LPFA
moves
forward
with
its
various
partnerships
including
with
Lancashire
County
and
Greater
Manchester
Pension
Funds,
Sir
Merrick’s
skills
and
leadership
are
of
great
importance.
He
will
continue
to
lead
our
discussions
with
Lancashire
and
other
Local
Government
Funds
and
push
for
collaboration
across
the
sector.”
Sir
Merrick
has
unrivalled
knowledge
of
local
government
and
infrastructure
funding,
having
been
appointed
earlier
in
the
year
as
Chairman
of
the
UK
Municipal
Bonds
Agency,
an
initiative
formed
by
local
government
to
assist
with
raising
capital
cost
effectively.
He
was
also
recently
named
as
the
Chair
of
the
Crossrail2
Growth
Commission.
Speaking
about
the
future
direction
of
the
LPFA
and
his
role,
Sir
Merrick
said:
“It’s
an
exciting
time
to
be
leading
LPFA
as
we
are
take
the
unprecedented
step
of
pooling
two
of
the
largest
pension
funds
in
local
government.
As
joint
shareholders
with
Lancashire
in
the
LLPP
we
have
been
working
closely
together
on
every
facet
of
its
development
and
we
expect
this
to
continue
going
forward.”
The
formation
of
the
LLPP
is
well
underway,
with
the
process
of
appointing
an
Independent
Chair
and
Non-?Executive
Directors
to
its
Board
in
advanced
stages.
The
LPFA
and
Lancashire
Country
Pension
Fund
also
recently
announced
the
creation
of
a
Strategic
Investment
Advisory
Board
that
will
report
in
to
the
investment
function
of
the
LLPP.
Add Comment