Stockholm (HedgeNordic) – AP Pension’s head of alternative investments, Anders Bang, will take on a similar role at fellow Danish pension fund AkademikerPension on April 1 this year. Having initially joined AP Pension as a senior portfolio manager in alternative investments in April 2016, Bang has been heading and building out a newly established alternative investment team since September of 2019 as Head of Alternative Investments.
“Despite its slightly smaller size, AkademikerPension has some exciting ambitions within alternative investments, which I am very much looking forward to taking over the responsibility for operating,” says Anders Bang, according to KapitalWatch.dk. AkademikerPension is a pension fund for academics, including Danish M.A’s, M.Sc.’s and Ph.D’s who are employed mainly in the public sector at universities and upper secondary schools. Akademiker Pension oversees DKK 150 billion in assets under management.
“Despite its slightly smaller size, AkademikerPension has some exciting ambitions within alternative investments, which I am very much looking forward to taking over the responsibility for operating.”
Anders Bang joins AkademikerPension from AP Pension, where he most recently served as Head of Alternatives. Bang joined AP Pension in 2016 from Pensiondanmark, where he spent about seven years as both senior portfolio manager and chief investment manager focused on alternative investments. He was responsible for investing and managing PensionDanmark’s portfolio of private funds, with the portfolio consisting of more than 70 commitments totalling €3.5 billion across private equity, infrastructure, special sitauations, credit, foreign real estate and farmland funds.
AkademikerPension, one of the largest pension funds in Denmark, has announced the decision to divest Russian government bonds and investments in Russian companies majority-owned by the Russian government in response to Russia’s invasion of Ukraine. These investments amount to DKK 304 million, corresponding to 0.2 percent of AkademikerPension’s total portfolio.