CIP gags pension funds over returns and costs

In order to invest with Copenhagen Infrastructure Partners (CIP), pension funds have been forced to sign non-disclosure clauses, writes Danish weekly newsletter Økonomisk Ugebrev.

Carsten Tanggaard, Danish professor of finance at Aarhus University. | Photo: Jens Henrik Daugaard/ERH

Copenhagen Infrastructure Partners (CIP) has imposed clauses on their investors meaning they cannot reveal returns and costs concerning their investment with the EUR 19bn energy infrastructure investor.

Danish state labor market pension fund ATP has confirmed to Danish weekly financial newsletter Økonomisk Ugebrev that it has signed non-disclosure clauses. Other pension funds involved with CIP also confirm that they have signed non-disclosure clauses as a condition for investing in one of CIP’s funds.

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