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Five Welsh LGPS funds invest £170m in private equity mandate

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Five Welsh Local Government Pension Scheme (LGPS) funds have committed £170m to the Wales Pension Partnership (WPP) Private Equity Allocator mandate. Flintshire, Swansea, Gwynedd,

Several Reform-led councils are in talks to depart from the LGPS stewardship body LAPFF, following moves by two LGPS funds earlier this summer to break ties with the network.