London CIV (London Collective Investment Vehicle)

A pooled investment vehicle for London local government pension funds. An investment management company established by London local authorities to pool their pension fund assets. Also known as London CIV (London Collective Investment Vehicle), it is the asset pool for the London Local Government Pension Scheme (LGPS). London Collective Investment Vehicle (LCIV) is an organization that manages the LCIV MAC Fund, which contributed to the Sutton Pension Fund's outperformance. It is involved in the pooling of Local Government Pension Scheme assets.