Agenda

To receive apologies from Members of the Panel.

The Chair to announce any items of urgent business circulated separately from the main agenda.

Members to declare any personal and financial interests in items on the agenda. Attention is drawn to the Council’s Constitution; the Council’s Code of Conduct and associated advice.

Members are requested to confirm as an accurate record the Minutes of the meeting held on 9 December 2024.

No motion or discussion may take place upon the Minutes except as to their accuracy, and any question on this point will be determined by a majority of the Members of the body attending who were present when the matter in question was decided. Once confirmed, with or without amendment, the person presiding will sign the Minutes

To note the Pension Fund Audit Completion Report

To approve the revision of the Investment Asset Allocation, to select and allocate £45m to the London CIV Natural Capital fund, and to delegate the decision relating to the timing of investment of funds to the Director of Resources

To select the London CIV Private Debt II Fund and allocate £115m to the fund and to delegate the decision relating to the timing of investment of funds to the Director of Resources

It is proposed that, pursuant to section 100A(4) of the Local Government Act 1972 and the Local Government (Access to Information) (Variation) Order 2006, the public be excluded from the meeting for the following items of business on the grounds that they may involve the disclosure of exempt information as defined in Schedule 12A of the Act, by virtue of the particular paragraph shown on the agenda and on the attached reports.

Items 6 and 7

By virtue of paragraphs 3 (information relating to the financial or business affairs of any particular person (including the authority holding that information)) of Schedule 12A to the Local Government Act 1972