About Us

Formed in 2015, The London Collective Investment Vehicle (LCIV) is an FCA Regulated Fund Manager, that represents the pooled investments of 32 London Local Authority Pension Funds (including the City of London) to which we refer to as “Client Funds.”

The organisation was originally set up as a collaborative venture comprising the London Local Authority Pension Funds and operating under London Councils, to enable the capital’s Local Government Pension Scheme (LGPS) to work in close partnership, to deliver broader investment opportunities, benefits of scale, and enhanced cost efficiencies to the participating Authorities. Initially a voluntary pooling arrangement, originating solely for London Local Authorities, the London CIV has paved the way for a much wider pooling agenda across England and Wales LGPS, following the direction of the budget announced in 2015, by Central Government. London CIV are now one of eight pools within England and Wales; LGPS pools are unique in that our investors, are also our shareholders.