State Pension Fund of Finland increases private equity allocation

The Finnish public pension has boosted its allocation to the asset class.

Institution: The State Pension Fund of Finland
Headquarters: Helsinki, Finland
AUM: €20.59bn
Allocation to alternatives: 10.8%
Bitesize: €10-50m

The State Pension Fund of Finland boosted its allocation to private equity from 5.0 percent to 5.6 percent between September and December 2019, according to the pension’s 2019 annual report.

The €20.59bn Finnish public pension fund also allocates to two other alternative asset classes. Real estate makes up 3.60 percent of the pension’s portfolio with infrastructure making up a further 1.9 percent.

As illustrated below, VER’s last private equity commitment was to 2017-vintage KRR lll.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.