KPA Pension, part of the Folksam Group, is investing just over SEK 1.5 billion in P Capital Partners’ fifth credit fund, PCP V. The PCP V fund offers financing to companies in northern Europe that are in need of capital to, for example, expand their operations further.
– All the investments we make within KPA Pension aim to provide municipal and regional employees with a good and sustainable pension. PCP’s previous credit funds have generated good results and we have high hopes that this investment will also do so, says Camilla Larsson, CEO of KPA Pension.
Folksamgruppen has invested in all four predecessors to the fund PCP V. In 2021, Folksamgruppen also invested approximately SEK 3 billion in PCP Transition Partner Fund, a fund whose purpose is to finance and support the transition to sustainable operations for medium-sized European companies.
– Folksamgruppen has on several occasions invested in P Capital’s credit funds with good results. The goal of our new investment in PCP V is to give our customers a good return on their pension money, that we also contribute to companies being able to grow and take the next step is of course also positive, says Marcus Blomberg, investment manager at Folksamgruppen.
The investment within the Folksam Group is distributed as follows:
KPA Tjänstepensionsförsäkring AB approximately SEK 1,570 million
Folksam Liv, just over SEK 1,000 million
Folksam Sak, approximately SEK 230 million
