Swiss Pension Funds Built new Infrastructure Investment Platform
(startupticker.ch, August 07, 2014)
Since early 2013 five of Switzerland’s largest pension funds have jointly developed a tailor made investment platform, structured as an evergreen. The platform that had its first closing at $320 million but has a substantially higher target volume focuses on energy, transport, communication, and social infrastructure assets. The platform is administered by the IST Foundation and will take environmental, social, and governance concerns into account. Geographically it focuses on OECD countries and Europe and Switzerland in particular. Five representatives with a broad infrastructure investment experience form the investment committee of the fund.