State-backed SDG fund taps new investors for extra capital

The Danish SDG Investment Fund which supports the UN Sustainable Development Goals through commercial investments in developing countries has reeled in capital commitments from three more private investors in a second and final closing.

Pictures from the fund's launch in June 2018. From left: Pensam's CEO Torsten Fels, P+'s CEO Søren Kolbye Sørensen, ATP's CEO Christian Hyldahl, PFA's CIO Henrik Nøhr Poulsen, Pensionsdanmark's CEO Torben Möger Pedersen, PKA's CEO Peter Damgaard, IFU's CEO Tommy Thomsen and the Danish Minister for Development Cooperation Ulla Tørnes. | Photo: Søren Top

by SØREN RATHLOU TOP

In June 2018, IFU sealed a deal with Danish pension funds PKA, PensionDanmark, PFA, ATP, JØP/DIP, PenSam and Navest to set up the Danish SDG Investment Fund. As its name implies, the fund supports the UN's Sustainable Development Goals by making commercial investments.

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Nordic pension funds in investor wave urging political climate action

Pension funds back Danish government's SDG fund launch

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Further reading

World's best EMD team still waiting for clients to return to Danske AM

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

Storeband increases stake in Danish infrastructure manager to become majority owner

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Expansion of Nordic team has paid off: Inflows to all core products for US manager