London Pension Picks JPMorgan

The London Pensions Fund Authority has selected JPMorgan Private Equity Fund Services to provide portfolio administration and performance reporting for its alternative investment portfolio. 

PRESS RELEASE

JPMorgan announced today that it has been selected by London Pensions Fund Authority (LPFA), the largest local government pension scheme in London, to provide portfolio administration and performance reporting for their alternative investment portfolio.  The mandate represents JPMorgan's first Alternative Investment Portfolio Administration outsourcing agreement in the U.K, and complements JPMorgan's existing European private equity client base.

JPMorgan Private Equity Fund Services (PEFS) will provide LPFA with a set of comprehensive services to give greater insight on the performance, concentration and risk across the alternative investment portion of their assets.  The services include cash management, cash flow tracking, performance measurement and analytics. There is also a sophisticated board-quality reporting capability.  

JPMorgan is the global custodian for LPFA's