Aon Hewitt will work with the local government pension scheme committee and officers in managing the fund and meeting a number of regulatory requirements.
Croydon Pension Fund is the latest local government pension scheme to add infrastructure to its investment portfolio.
The Department for Communities and Local Government has raised the limit for local government pension funds' investment in limited partnerships from 15% to 30%, paving the way for more exposure to infrastructure.
Decisions on local government pension scheme investment in tobacco cannot be driven by public policy concerns, industry figures have warned.
Department for Communities and Local Government is continuing discussions with unions on Local Government Pension Scheme 2014 regulations ahead of the publication of a second consultation later this month.
The GMB has branded claims public sector pension schemes will cost the taxpayer an extra £9bn as "completely bonkers".
Swansea Council "unlawfully" transferred £20m from its pension scheme to balance its books when changing banks, according to the Wales Audit Office.
Steve Dainty tells Naomi Rainey how he brought together the Cambridgeshire and Northamptonshire schemes
In the latest of PP's series of Scheme Excellence interviews, Naomi Rainey talks to Guy Hayton of Merseyside Pension Fund about its award-winning communications strategy.
Nicola Mark of Norfolk Pension Fund tells Naomi Rainey how it is achieving its communications vision