LP Profile

Devon Pension Fund

Also known as Devon LGPS

Public Pension FundExeter, United KingdomFounded 1922
$7.5B
Assets Under Management
Exeter
Headquarters
Investment Focus

About Devon Pension Fund

Devon Pension Fund's investment portfolio is valued at GBP 5.91 billion as of March 31, 2024, with investments in domestic and international equity, fixed income, private equity, real estate, infrastructure, and cash. As of March 31, 2024, the private equity portfolio was valued at GBP 281.6 million, representing 4.8% of the total portfolio. The private equity allocation consists of GBP 198.8 million invested in private debt strategies. This is an increase compared to December 31, 2023, when the private equity portfolio was valued at GBP 264.4 million. Investments in private equity include buyouts, co-investment, mezzanine, private equity growth expansion, and venture capital fund strategies. As of March 31, 2024, the infrastructure portfolio was valued at GBP 535.6 million. The fund's investments are governed by the board of directors, with Mr. James Morrish serving as Chairman of the Investment and Pension Fund Committee. Mercer serves as the LP Consultant.

Preferred Investment Types

BuyoutCo-InvestmentDirect LendingGrowth/ExpansionInfrastructure - GeneralInfrastructure CoreInfrastructure OpportunisticInfrastructure Value AddedMezzanineReal Estate - GeneralReal Estate CoreReal Estate Core PlusReal Estate DebtReal Estate OpportunisticReal Estate Value AddedSecondariesVenture Capital

Preferred Geographies

AlabamaAlaskaAmericasAndorraArizonaArkansasAsiaAustraliaAustriaBay AreaBelgiumBermudaCaliforniaCanadaCaucasusCentral AsiaChinaColorado
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FAQ

Frequently asked questions

What type of investor is Devon Pension Fund?

Devon Pension Fund is a public pension fund based in Exeter, United Kingdom, managing approximately $7.5B in assets.

Where is Devon Pension Fund headquartered?

Devon Pension Fund is headquartered in Exeter, United Kingdom.

How much does Devon Pension Fund manage?

Devon Pension Fund manages approximately $7.5B in assets under management.

When was Devon Pension Fund founded?

Devon Pension Fund was founded in 1922.

What does Devon Pension Fund invest in?

Devon Pension Fund focuses on Buyout, Co-Investment, Direct Lending, Growth/Expansion, Infrastructure - General, Infrastructure Core, Infrastructure Opportunistic, Infrastructure Value Added.

How can I contact Devon Pension Fund?

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