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Freedom of Information Request

London Borough of Barnet Pension Fund

Received: 23 August 2021

Under the Freedom of Information Act, I request a copy of the London Borough of Barnet Pension Fund's most recently available public records that detail the following investment information at the partnership level where available.

Investment Portfolio Allocations
*Current and target allocation to alternative investments (private equity, private real estate, infrastructure, private debt, agriculture)
* AUM of total investment portfolio

Fund Commitments
* Names and vintage years of all closed‐ended alternative funds in your institution's portfolio. This would include but is not limited to Buyout/Corporate Private Equity, Distressed/ Turnaround, Fund of Funds/Co-investment, Mezzanine/Debt, Secondaries, Venture Capital/Growth Equity, Core, Core Plus, Opportunity, Listed Equity, Unlisted Equity, Distressed Debt (Acquisition), Fund of Private Debt Funds, Royalty Financing (Origination), Senior Debt (Acquisition), Senior Debt (Origination), Subordinated Debt (Acquisition), Subordinated Debt (Origination), Direct Secondaries, Fund of Firms, Agtech, Buy and Lease, Own and Operate.
* List of fund commitments made since 2010
* Key investment professionals listed for each partnership
* Names of all partnerships partially and fully sold by you including date of sale
* Commitment amount made to each partnership

Fees and Expenses
* Investment multiple for each individual partnership and date the calculation was made
* Total management fees and costs paid for each individual partnership as percentage of committed capital
* Hurdle rate set by each fund's general partner(s)
* Proportion of carried interest which will be charged at the end of the fund life

Performance
* Net Asset Value of each partnership and date the calculation was made
* Internal rates of return since inception for each individual partnership and date the calculation was made
* Investment multiple for each individual partnership and date the calculation was made

If possible, providing the information listed above would be most helpful in a format such as Excel.

Outcome / Documents

  • Response (all information to be supplied) - application/pdf - Download