Devon County Council Pension Fund

Request:

“Pursuant to the Freedom of Information Act 2000 (“FOIA”), I request access to and copies of alternative investment portfolio records specifically for close-ended:

  • private equity funds
  • debt funds
  • real estate funds
  • infrastructure funds
  • fund of funds
  • hedge funds

(“the Records”) and details of:

  • committed capital
  • invested capital
  • distribution
  • market value
  • Net IRR; and
  • MOIC/TVPI

on a fund by fund basis with aggregated values since inception for quarter ending 30/09/2017 and 31/12/2017 (“the Information”;).

This request is ongoing, seeking copies of (or access to) all Records as they are filed with Devon County Council Pension Fund / updates to the Information as they are filed with the Devon County Council Pension Fund. I am further requesting that the Records / Information be provided to me in PDF or Excel format, if not maintained on computer files, in the same format as they are / it is currently maintained at the Devon County Council Pension Fund.”

 

 Response:

  • committed capital
  • invested capital
  • distribution
  • market value

Please see spreadsheet provided here for information pertaining to the above four items.

  • Net IRR; and
  • MOIC/TVPI

With regard to Net IRR and MOIC/TVPI, Devon County Council (DCC) can confirm that it holds the information you have requested.  However, on reflection we feel that we are unable to supply this information to you as we believe it to be exempt from disclosure under Section 43(2) of the Freedom of Information Act 2000 (Commercial Interests).  DCC recognises that there is a public interest in disclosure of this information, however, disclosure of the data could impact on the providers’ ability to achieve a competitive advantage in the market place. It is for this reason that we feel that the public interest is best served by withholding this information from disclosure.