Institution: Finnish Local Government Pensions Institution (KEVA)
Headquarters: Helsinki, Finland
Allocation to alternatives: 16.05%
Finnish Local Government Pensions Institution (KEVA) increased its private equity exposure by 0.6 percentage points to 10.20 percent between Q2 and Q3 2019, according to a report on pension’s website.
KEVA has boosted its allocation to private equity for each of the last four quarters, with allocation having increased by nearly two percentage points since September 2018 when it stood at 8.40 percent.
As illustrated below, KEVA’s private equity commitments are varied, with the pension’s five most recently committed to vehicles comprising of two buyout funds, a growth equity fund, a fund-of-funds and a mezzanine fund.
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