Alecta dives deeper into risk sharing transactions after co-investment pledge

One of Sweden's largest investors Alecta and the Dutch pension fund and investment manager PGGM enter into credit risk sharing transaction with J.P. Morgan.
Tony Persson, head of fixed income and strategy at Alecta. | Photo: PR / Alecta
Tony Persson, head of fixed income and strategy at Alecta. | Photo: PR / Alecta

In May, Swedish pension fund Alecta and Dutch pension provider and investment manager PGGM decided to join forces in investing in credit risk sharing transaction. The pension duo has now entered into a risk sharing transaction with US banking group J.P. Morgan on the basis of a roughly USD 2.5bn corporate loan portfolio with loans originated by its Corporate & Investment Banking unit.

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