AMWatch

Pension fund slashes value of PE and real estate: "It is only natural in a situation like this"

High exposure to venture funds has prompted Industriens Pension to make significant write-downs in its private equity portfolio. Its CIO now eyes a good deal in direct loans for private equity funds. 
Peter Lindegaard is the CIO of Industriens Pension. He manages assets of DKK 220bn on behalf of 440.000 members. | Photo: PR/Industriens Pension
Peter Lindegaard is the CIO of Industriens Pension. He manages assets of DKK 220bn on behalf of 440.000 members. | Photo: PR/Industriens Pension
by PHILIP MADSEN

Danish pension fund Industriens Pension has written off its extensive private equity portfolio by 9.2% this year, figures from its website reveal. 

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading