Richard Tomlinson is Chief Investment Officer at Local Pensions Partnership Investments. He was previously head of portfolio advisory and partner at Albourne, where he spent over 6 years, and prior to that managed was Head of Multi Strategy and Absolute Return at Old Mutual Asset Managers. This podcast builds on the themes recently shared in the Always a Pensions Angle collaboration which featured Richard.

We begin our conversation with Richard's diverse educational background and how he was interested in particular in entrepreneurship, some of which sprang from his family upbringing. We speak about how that influenced his later moves into other organizations and the creative mindset that followed. Moving then to his focus at the helm of the investment team at LPPI we discuss the recent expansion of the partnership and the challenges and opportunities that it represents. With the new mission statement "Together, Let's Do More" we speak about what that "More" will entail and how in particular the advisory role will be built out and the new responsibilities assumed.

Governance, accountability and stakeholder interests feature strongly in this discussion as do the realities of embarking upon a set of new frontiers.

This podcast is kindly sponsored by Benefit Street Partners and PIMCO. Founded in 2008, Benefit Street Partners – BSP – is Franklin Templeton’s specialised private credit manager with $92 billion in assets under management.

The firm provides a wide range of private credit strategies across the US, Europe, Middle East and Asia Pacific, including direct lending, special situations, commercial real estate debt, infrastructure debt, asset backed finance, structured credit and liquid credit.

PIMCO (Pacific Investment Management Company LLC) is a premier global investment management firm founded in 1971, specializing in active fixed-income with over $2 trillion in assets under management. Headquartered in Newport Beach, California, it offers diversified investment solutions across public and private markets, serving institutional and individual investors worldwide.

Carolina (Carol) Strobel, is based in Sao Paolo and a founding partner at Antler Brasil. She is also a Founder and Operational Partner at Redpoint eventures and holds a number of Board Roles, including of public companies in Brazil. Our conversation starts with her original career as a lawyer, and how the deal-level detail naturally led her towards venture investing.

We speak then about the venture capital ecosystem in Brazil and Latin America more generally and the areas where a venture capital investor can truly add value - sometimes it is more about being a "whatsapp" away rather than formal board responsibilities. We speak about the challenge of becoming visible in certain finance settings and how it is important to trust one's skillset and expertise and let that be the basis to lose the imposter syndrome.

Moving then to board roles, Carol discusses the importance of boards changing with the times and sometimes being "rebooted" in order to cope with change when it comes to technology and new business models. This is where expert technical knowledge comes in.

This podcast is kindly sponsored by Benefit Street Partners and PIMCO. Founded in 2008, Benefit Street Partners – BSP – is Franklin Templeton’s specialised private credit manager with $92 billion in assets under management.

The firm provides a wide range of private credit strategies across the US, Europe, Middle East and Asia Pacific, including direct lending, special situations, commercial real estate debt, infrastructure debt, asset backed finance, structured credit and liquid credit.

PIMCO (Pacific Investment Management Company LLC) is a premier global investment management firm founded in 1971, specializing in active fixed-income with over $2 trillion in assets under management. Headquartered in Newport Beach, California, it offers diversified investment solutions across public and private markets, serving institutional and individual investors worldwide.

A special bonus episode brought to you in conjunction with the Always a Pensions Angle Podcast, by D G Publishing. This podcast was recorded in January 2026 at their conference in Windsor.

Richard Tomlinson has responsibility for management of all investment and client activity at LPPI. He has more than 20 years of investment experience. Prior to joining LPPI in 2017, Richard was Head of Portfolio Advisory (EMEA) at Albourne Partners for six years where he advised European investors on alternative investments, portfolio construction and risk management. Earlier in his career, he was Head of Multi-Strategy at Old Mutual Asset Managers and prior to this an analyst at GNI Fund Management.

Our conversation covers the evolution of their product mix as the pool grows, the development of the advisory function, the opening of an office in Bristol as the pool expands, and their core mission: paying pensions as they fall due, affordably and efficiently. We also take the crystal ball out to look at what the next five years may hold.

Richard features on The Fiftyfaces Podcast later in Series 2 of 2026.