Agenda

Members are invited to declare at this stage of the meeting, the nature and existence of any relevant disclosable pecuniary or personal interests in the items on this agenda and to specify the item(s) to which they relate.

To approve the minutes of the previous meeting held on Tuesday 8 October 2024 as a correct record.

(Agenda republished to include the attached minutes on 18 February 2025)

To consider any matters arising from the minutes of the previous meeting.

To receive the Brent Pension Fund Q3 2024-25 Investment Monitoring Report.

This report provides an overview of considerations for moving towards the target infrastructure allocation of 15% of total Fund assets.

To present members with an update on engagement activity undertaken by the Local Authority Pension Fund Forum (LAPFF) on behalf of the Fund.

This report provides an update on the provision of the LGPS online learning facility.

To note the draft minutes of the Pension Board meeting held on Thursday 7 November 2024.

(Agenda republished to include the attached minutes on 18 February 2025)

Notice of items to be raised under this heading must be given in writing to the Deputy Director Democratic Services or their representative before the meeting in accordance with Standing Order 60.

The following items are not for publication as they relate to the category of exempt information set out below, as specified under Part 1, Schedule 12A of the Local Government Act 1972:

Agenda Item 6:       Q3 2024-25 Investment Monitoring Report – Fund Manager performance ratings.

This appendix has been classified as exempt under Paragraph 3 of Part 1 Schedule 12A of the Local Government Act 1972, namely: “Information relating to the financial or business affairs of and particular person (including the authority holding that information).”

Agenda Item 7:       Implementation of Infrastructure allocation – Appendix 1: Investment Options and Analysis.

This appendix has been classified as exempt under Paragraph 3 of Part 1 Schedule 12A of the Local Government Act 1972, namely: “Information relating to the financial or business affairs of and particular person (including the authority holding that information).”

The press and public will be excluded from the remainder of the meeting as the report(s) to be considered contain the following category of exempt information as specified in Paragraph 3, Schedule 12A of the Local Government Act 1972, namely:

“Information relating to the financial or business affairs of any particular person (including the authority holding that information)"

The Sub-committee to receive a presentation from London CIV regarding Private Debt.

This report provides and update on the Fund’s Private Debt Allocation in the short to medium term.

To update the committee on recent developments regarding Brent Pension Fund investments held within the London CIV (CIV).