After a 15-month long hunt, Danish pension giant ATP has yet to succeed in finding investors for the fund of funds launched by ATP's Private Equity Partners (PEP), as reported by business media Børsen Pro.

The fund was established in 2020 with DKK 6bn (EUR 806.1m) in capital, and shortly after the launch, ATP opened up to external investors with the goal of bringing in others to decrease costs. So far, no one has wanted to split the bill with ATP.

"The process is still ongoing, and there has been reasonable interest coming from different parties, but no agreements have been signed at this time," says Head of Press at ATP Stephan Ghisler-Solvang to Børsen Pro.

The fund of funds offering is the seventh fund launched by the PEP team.

(This article was provided by our Danish sister media, FinansWatch.dk)

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