Denmark's biggest pension fund set to manage EUR 1.3bn crisis re-capitalization fund

The Danish government wants to set up a rescue fund managed by ATP to invest in large companies in need of capital due to the corona crisis.
ATP's chief executive Bo Foged. | Photo: Stine Bidstrup/Ritzau Scanpix
ATP's chief executive Bo Foged. | Photo: Stine Bidstrup/Ritzau Scanpix

The Danish labor-market supplementary pension fund, ATP, is likely to be tasked with managing a DKK 10 billion (EUR 1.3 billion) fund to re-capitalize large and socially important Danish companies hit by the corona crisis, Ipe.com writes.

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