AMWatch

Philanthropic investor in drive to boost green impact of its assets

Denmark's Velux Foundations aim for achieving higher impact with their assets — and in line with their endowment policy. AMWatch visited the philanthropic investor's CIO to discuss the state of its two-year old impact investment strategy and the experimentation needed to implement such a strategy.

The Velux Foundations CIO, Per Skovsted, is responsible for the portfolio’s overall allocation. His resumé counts ADDEK, Gudme Raaschou Asset Management and Nordea Markets. | Photo: PR: The Velux Foundations

"One experiment is better than a thousand expert assumptions."

This quote from Velux Foundations' founder, Villum Kann Rasmussen, lies at the heart of the philanthropic investor's impact investment strategy, which was launched in 2016, according to Chief Investment Officer, Per Skovsted.

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