Essex County Council Pension Fund

About Essex County Council Pension Fund

Essex County Council Pension Fund's investment portfolio is valued at GBP 9.65 billion as of March 31, 2023, with investments in domestic and international equity, fixed income, private equity, timber, private debt, real estate, infrastructure, and cash. Its returns for 3 years, 5 years, and 10 years were 12.8%, 8.2%, and 9.4%, compared to the benchmark returns of 10.6%, 6.5%, and 7.7% respectively. As of March 31, 2023, the private equity was valued at GBP 680.21 million, representing 7% of the total portfolio. The private equity allocation consists of GBP 192.63 million invested in private debt strategies. There is an increase compared to March 31, 2022, when the private equity portfolio was valued at GBP 588.43 million. Investments in private equity include buyouts, secondaries, co-investment, fund of funds, private equity growth expansion, and venture capital strategies. As of March 31, 2022, the infrastructure portfolio was valued at GBP 996.279 million. The plan's investments are governed by the board of directors, with Mr. Mark Platt serving as Vice Chairman of the Pension Strategy Board and Member of the Investment Steering Committee. Hymans Robertson serves as the LP Consultant.