About TfL Pension Fund

Investment Management & Principles

The following companies managed investments on behalf of the TfL Pension Fund as at 31 March 2022.

  • Anchorage Capital Group LLC
  • Ardevora Asset Management LLP
  • BlackRock Investment Management (UK) Limited
  • Blue Mountain Capital Partners LLC
  • Brevan Howard Asset Management LLP
  • Cambridge Associates LLC
  • CBRE Global Collective Investors UK Limited
  • Colonial First State Global Asset Management
  • Coronation International Limited
  • Credit Suisse AG
  • Equilibrium Capital Group LLC
  • Goldman Sachs Asset Management
  • Harrison Street Real Estate Capital LLC
  • IFC Asset Management Company LLC
  • Industry Funds Management Pty Limited
  • JO Hambro Capital Management Limited
  • JP Morgan Asset Management
  • Man Asset Management Ltd
  • Neuberger Berman Alternatives Advisers LLC
  • Nomura Asset Management UK Limited
  • Oak Hill Advisors LP
  • Paradice Investment Management Pty Limited
  • Partners Group (UK) Limited
  • Pzena Investment Management LLC
  • Russell Implementation Services Limited
  • Semperian PPP Investment Partners Holdings Limited
  • SCM ManCo 1 Limited
  • Siguler Guff & Company LP
  • Stonepeak Associates III LLC
  • Veritas Asset Management LLP
  • Wellington Management Company LLP

Statement of Investment Principles

The Trustees' Statement of Investment Principles aims to ensure the Fund's assets are carefully managed. It specifies:

  • The kind of investments to be held
  • Expected returns on investments
  • The balance between investments
  • The level of risk undertaken