East Riding Pension Fund

About East Riding Pension Fund

East Riding Pension Fund's investment portfolio is valued at £6.23 billion as of March 31, 2023, with investments in private equity, real estate, infrastructure, real assets, natural resources, publicly traded equities, fixed-income securities, and cash. Its returns for the 1 year, 3 years, 5 years, and 10 years were 0.7%, 8.9%, 5.6%, and 7.0%, compared to the benchmark return of -2.6%, 7.6%, 4.2%, and 6.0%, respectively. As of March 31, 2023, the private equity portfolio was valued at £381.86 million, representing 6.1% of the total portfolio. This is an increase compared to March 31, 2022, when the private equity portfolio was valued at £353.81 million. The private equity portfolio is currently overweight compared to the target allocation of 5%. Investments in private equity include buyouts, co-investment, credit special situations, direct lending, fund of funds, mezzanine, private equity growth expansion, secondaries, and venture capital fund strategies diversified geographically across the globe. The fund is not open to any first-time fund investment. As of March 31, 2023, the infrastructure portfolio was valued at £417.77 million. The pension fund's investments are governed by the pension board with Mr. Guy Lonsdale serving as Chairman of the Local Pension Board.