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London pension head seeks new approach

Alex Gracian, who took over as CIO a year ago, has been reshaping the LPFA’s ethos in an effort to make it more nimble

There is a new look at the London Pensions Fund Authority, one of the UK’s largest public pension funds, and not just at board level.

At the end of last year, the £4.7 billion organisation named private equity entrepreneur Edmund Truell as its chairman. In April, it announced that Sir Merrick Cockell, the former leader of the Royal Borough of Kensington and Chelsea, would be Truell's deputy.

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