All hedge funds and fund of hedge funds in which Lincolnshire County Council Pension Fund is an investor - Find a freedom of information request

Request

You kindly sent us copies of your records that show information as listed below dated to 30 September 2023.



Please will it be possible to have an update on any records that would show some or all of the following information:

 

1. A list of ALL hedge funds and fund of hedge funds in which Lincolnshire County Council Pension Fund is an investor; and

2. For each hedge fund and fund of hedge funds, may I please have a copy of any records that would show some or all of the following information:

a. the month by month market value of Lincolnshire County Council Pension Fund's holding in each fund from 1 October 2023 to 31 March 2024,

b. the month by month amount invested by Lincolnshire County Council Pension Fund in each fund from

1 October 2023 to 31 March 2024,

c. the month by month net returns (net of fees)  earned by Lincolnshire County Council Pension Fund on its investment in each fund from 1 October 2023 to 31 March 2024,
 

Decision

1 and 2. Please see attached Lincolnshire County Council (LCC) value and performance of its Hedge Fund holdings. These are only reported on a quarterly basis.

 

LINCOLNSHIRE COUNTY COUNCIL PENSION FUND

                                   

This is the only information we hold regarding the value of our hedge funds which are part of the Morgan Stanley Diversified Alternatives pooled fund.

                                   

Information sourced from Morgan Stanley AIP qtly reports. - Value of Hedge Funds

 

Total Market Value £

Quarterly Performance Return %

March-2011

         28,743,945.00

9.63

June-2011

         30,372,193.00

2.18

September-2011

         30,216,978.00

-4.20

December-2011

         32,605,343.00

2.75

March-2012

         31,560,950.00

4.67

June-2012

         35,641,290.00

1.97

September-2012

         34,220,050.00

3.42

December-2012

         34,508,536.00

3.74

March-2013

         35,536,304.00

2.11

June-2013

         34,828,792.00

0.60

September-2013

         33,890,842.00

2.59

December-2013

         40,199,174.00

4.85

March-2014

         40,634,596.00

0.44

June-2014

         42,526,482.00

1.41

September-2014

         47,254,476.00

0.95

December-2014

         52,577,121.00

1.07

March-2015

         49,938,742.00

1.42

June-2015

         57,711,385.00

0.24

September-2015

         59,920,173.00

-3.17

December-2015

         63,786,905.00

0.24

March-2016

         57,836,755.00

-2.77

June-2016

         62,081,718.00

0.21

September-2016

         59,290,237.00

3.13

December-2016

         68,892,261.00

2.32

March-2017

         76,763,304.00

2.35

June-2017

         80,392,032.00

0.71

September-2017

         79,016,208.00

2.99

December-2017

         78,225,216.00

1.54

March-2018

         75,281,616.00

0.51

June-2018

         77,938,456.00

1.90

September-2018

         78,827,520.00

1.84

December-2018

         79,266,432.00

3.69

March-2019

         74,783,840.00

3.28

June-2019

         77,110,848.00

2.44

September-2019

         78,672,472.00

0.49

December-2019

         80,542,408.00

2.63

March-2020

         76,627,784.00

-4.87

June-2020

         77,653,848.00

4.02

September-2020

         76,751,544.00

3.37

December-2020

         78,399,328.00

4.30

March-2021

         81,818,232.00

2.61

June-2021

         83,003,432.00

1.94

September-2021

         87,265,808.00

2.60

December-2021

         88,838,912.00

1.41

March-2022

         92,529,056.00

1.95

June-2022

         97,264,200.00

1.14

September-2022

         84,560,920.00

3.00

December-2022

         94,273,496.00

0.81

March-2023

        121,015,936.00

1.18

June-2023

        118,635,664.00

1.25

September-2023

        147,714,320.00

2.77

December-2023

        186,437,152.00

1.37

March-2024

        217,683,016.00

4.40

 

Note LCC only receive valuations of Hedge Funds from Morgan Stanley on a quarterly basis - this is the most recent valuation it has.

Reference number
9645377
Date request received
20 May 2024
Date of decision
12 June 2024