1.Commitment, Contribution, Distribution and Value as of 30th June 2018, including private equity, venture capital, distressed debt, mezzanine, fund of funds, infrastructure, real estate, natural resources and private debt partnerships.
Infrastructure and Property Limited Partnerships as at 30 June 2018
2. an up to date account of your current asset allocations and target allocations to the above asset classes along with any equity, alternatives and fixed income investments you may have.
Current strategic asset allocation targets are included in the Fund’s Investment Strategy Statement
Current allocations as at 30th June 2018 against target can be found in the report to the September meeting of the Investment and Pension Fund Committee
3. A copy of any fund manager presentations related to the above asset classes and any investment consultant presentations, presented at your board/investment committee meetings
We hold this information. However, as disclosure may impact on our ability to achieve a competitive advantage in the market place we feel this information is exempt from disclosure under Section 43(2) of the Freedom of Information Act 2000 (Commercial Interests). As Section 43 is a qualified exemption and is therefore subject to a public interest test we feel that while there is a public interest in disclosure that is outweighed due to the reason given above and therefore believe that the public interest in this case is best served by upholding the exemption.
4. Any available documents detailing the investment plans of the Devon County Council Pension Fund for the next 12 months including number of commitments to each of the aforementioned asset classes
As per Q2. In addition, the Fund has agreed to commit a further £75 million to Infrastructure Opportunities to be accessed via the Brunel Pension Partnership. See Minute 49 resolution (f):
5. amount of ‘total management fees, carried interest and costs paid’ for each individual partnership for each calendar year.
We hold this information. However, as disclosure may impact on our ability to achieve a competitive advantage in the market place we feel this information is exempt from disclosure under Section 43(2) of the Freedom of Information Act 2000 (Commercial Interests). As Section 43 is a qualified exemption and is therefore subject to a public interest test we feel that while there is a public interest in disclosure that is outweighed due to the reason given above and therefore believe that the public interest in this case is best served by upholding the exemption.
6. a list of all partnership interests bought and sold to date in the secondary market, the price received/paid and corresponding net asset value date and net asset value associated with the purchase/sale (please see the attached sample data)
None