Local Pensions Partnership gains new real estate head Jan 21, 2021 By Funds Europe
Louise Warden has become head of real estate within the private markets group at Local Pensions Partnership Investments (LPPI), a UK manager for the pooled assets of three pension funds.
Warden has been promoted internally and will manage LPPI’s real estate portfolio with “ambitious asset management and capital deployment objectives”.
Reporting to Simon Davy, head of private markets, Warden has managed property portfolios for West Yorkshire Pension Fund and worked for the Abu Dhabi sovereign wealth fund.
At LPPI she was most recently a real estate portfolio manager, joining in August 2019.
Mercer –
Ashok Gupta has been named chair of Mercer’s UK board. Selected for his extensive board and executive experience in the financial services industry, across asset management, wealth management and the pensions segments, Gupta will also chair the risk committee and the nominations committee.
An entrepreneur with over 40 years of experience in the UK insurance and financial services industry, Gupta has held a number of senior executive, advisor and actuarial positions during his career.
He chaired a Pension & Lifetime Savings Association taskforce that recommended superfunds, defined benefit consolidators for which there is now an interim regulatory regime. Gupta was also deputy chair of a Bank of England working group on procyclicality by pension funds and insurance companies.