Leading Swiss pension funds and APG partner in joint investment program for infrastructure equity

Swiss pension funds PUBLICA, City of Zurich, Kanton Aargau, and Credit Suisse, in partnership with Dutch pension investor APG, have launched a co-investment program with an initial commitment of EUR 1bn to jointly gain access to attractive infrastructure investment opportunities in the private market space.

APG, on behalf of Dutch public pension fund ABP, is collaborating with Swiss pension funds to explore targeted investment opportunities that align with their collective commitment to sustainability and long-term value creation. This partnership unites some of Europe’s largest pension investors, enabling them to pool their resources and expertise to pursue projects that contribute to environmental and social goals while meeting financial objectives.

The alignment of their strategic objectives and investment philosophies enables the pension funds to capitalize on high-quality infrastructure opportunities. “This collaboration sets a benchmark for cross-border pension fund partnerships, emphasizing stability, transparency, and a long-term vision in managing and growing our members’ assets,” said a spokesperson for the Swiss pension funds. Through this partnership, the pension funds reaffirm their dedication to securing long-term, sustainable returns for their pension fund members.

“Collaboration with the Swiss pension funds is a natural fit due to our shared dedication to long-term private investments and active ownership. By uniting our efforts, we can better address the growing demand for coordinated initiatives among like-minded, long-term investors. This partnership aims to deliver sustained value to ABP by advancing its responsible investing ambitions, driving impactful investments that generate financial returns while contributing to societal and environmental objectives through long-term infrastructure projects,” said Ronald Wuijster, CEO of APG Asset Management.