Sweden’s KPA Pension increases investment in property and alternatives

Swedish pension company, KPA Pension, has increased its holdings in properties and alternative investments.

It acquired an area of property on Kungsholmen in Stockholm from Invesco for SEK 2.3bn.

Folksam Group property director, Lars Johnsson, said that the company was pleased to acquire the property and that the acquisition was “in line with the strategy to increase the proportion of properties within the Folksam Group and in KPA Pensions’ asset portfolio”.

KPA Pension also invested SEK 1.8bn in the PCP Transition Fund.

The fund looks to finance companies that have either converted, or are about to convert, to sustainable business models and those that enable such conversion for other companies.

“Credits are one of the areas we prioritise in alternative investments and PCP Transition fits well into that sub-strategy,” commented Folksam Group head of alternative investments, Birgitta Stenmark.

“We have long invested in funds from PCP and feel confident that we are now making another profitable investment for our customers."

KPA Pension CEO, Camilla Larsson, concluded: “Additional acquisitions to increase the property share and the share of alternative investments in our asset portfolio are part of our long-term strategy to be the occupational pension company that gives municipal and regional employees a good and sustainable return.”

    Share Story:

Recent Stories


Podcast: Stepping up to the challenge
In the latest European Pensions podcast, Natalie Tuck talks to PensionsEurope chair, Jerry Moriarty, about his new role and the European pension policy agenda

Podcast: The benefits of private equity in pension fund portfolios
The outbreak of the Covid-19 pandemic, in which stock markets have seen increased volatility, combined with global low interest rates has led to alternative asset classes rising in popularity. Private equity is one of the top runners in this category, and for good reason.

In this podcast, Munich Private Equity Partners Managing Director, Christopher Bär, chats to European Pensions Editor, Natalie Tuck, about the benefits private equity investments can bring to pension fund portfolios and the best approach to take.

Mitigating risk
BNP Paribas Asset Management’s head of pension solutions, Julien Halfon, discusses equity hedging with Laura Blows