Manchester City Council

Cheshire East Council

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Eversheds wins role advising LGPS Central on collective investment vehicle

Eversheds has secured a £247,000 contract to provide legal advice to Local Government Pension Scheme (LGPS) Central on building a collective investment vehicle structure to pool investments.

The law firm will support LGPS Central on the delivery by 1 April 2018 of:

  1. The establishment of the Operator and Pool Vehicles, including FCA registration;
  2. The Governance and target operating model;
  3. The procurement of an Asset Servicer, advisors, auditors, bankers;
  4. Tax advice for both the Operator and Pool Vehicles.

The contract runs from 22 August 2016 to 21 March 2018. The procurement was led by Wolverhampton City Council.

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