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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State-backed SDG fund taps new investors for extra capital

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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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Front page now

AkademikerPension increases focus on biodiversity

Goldman raises USD 14bn for private equity secondaries fund

Only one Nordic fund market increased its AUM in August

Alecta’s CEO rejects controversial Heimstaden investment

Global equities are boosting Danish pension funds

Operational landscape increases popularity of private credit, Finnish manager says

AMF appoints new manager for Swedish equities

Swedish FSA reprimands troubled pension giant

EM manager bets on polluting giant for his sustainable fund: "It sticks out like a sore thumb"

Critics lambast Alecta for secrecy and "incompetence" in major real estate investment

Asset managers rebuffed as EU cracks down on use of ‘ESG’

ATP on admitting billionaire investors into new venture: Our strategy remains unchanged

Further reading

Alecta’s CEO rejects controversial Heimstaden investment

Swedish agency's new comms head will engage with fund managers

Only one Nordic fund market increased its AUM in August

Swedish FSA reprimands troubled pension giant

EM manager bets on polluting giant for his sustainable fund: "It sticks out like a sore thumb"

NATO's fund is in discussions with several Finnish investment funds, founder says

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