- Advertisement -
- Advertisement -

Related

LD Pensions Initiates DKK 2bn Listed Alternatives Tender

Industry Report

- Advertisement -

Stockholm (HedgeNordic) – Danish public pension fund LD Pensions has initiated a tender process to find an investment manager to oversee assets within listed alternatives. The expected size of the mandate is DKK 2 billion, equivalent to about €268 million, to be invested in listed alternative securities with underlying exposure to private market assets.

According to a tender notice by LD Pensions, “the objective for the mandate is to outperform private market returns over a full market cycle by investing in Listed Alternative securities,…all with underlying exposure to private market assets.” The pensions manager published the tender earlier this July in the European public procurement journal, Tenders Electronic Daily (TED). LD Pensions is responsible for managing the Holiday Allowance Fund (Lønmodtagernes Feriemidler) and the Cost-of-Living Allowance Fund (Lønmodtagernes Dyrtidsmidler).

In terms of selection criteria, LD Pensions requires the tenderer to have experience in managing a fund or segregated account with securities such as listed investment companies, listed investment trusts, listed closed-end funds, investment companies, business development companies, REITs and venture capital trusts – all with underlying exposure to private market assets. The tenderer should also submit a description of between one and three track records or references. These track records or references should pertain to a mandate of at least €20 million that is either ongoing or concluded within the last three years. The deadline for receipt of tenders or requests to participate is August 17, as stated in the tender notice.

The Frederiksberg-based pension fund manager largely relies on outsourcing to conduct its investment activities. The board of directors and the management led by Lars Mayland Nielsen handle the overall strategic management, including the objectives for outsourcing to the collaboration partners and the guidelines for follow-up and control. LD Pensions then selects Danish and foreign portfolio managers who are responsible for investment management concerning different investment mandates.

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

Eugeniu Guzun
Eugeniu Guzun
Eugeniu Guzun serves as a data analyst responsible for maintaining and gatekeeping the Nordic Hedge Index, and as a journalist covering the Nordic hedge fund industry for HedgeNordic. Eugeniu completed his Master’s degree at the Stockholm School of Economics in 2018. Write to Eugeniu Guzun at eugene@hedgenordic.com

Latest Articles

Formue Highlights Private Credit’s Role in New Economic Era

Nordic wealth manager Formue has long prided itself on delivering institutional-grade investment solutions to high-net-worth individuals. As global economic conditions shift, Formue sees an important role...

Chelonia Select Builds on Solid 2024

Stock-picking hedge fund Chelonia Select is off to a strong start in 2025 with an 8.3 percent gain through the end of May, building...

CABA Capital Expands the Flex Series

Danish fixed-income boutique CABA Capital has launched the third vintage of its leveraged, closed-end fixed income strategy: CABA Flex3. The fund aims to deliver...

Aegon AM Launches Capital Call Finance Fund

Aegon Asset Management has launched the Aegon Capital Call Finance Fund, providing institutional investors with access to the capital call finance market – a...

Evli’s Co-Investment Strategy: Opening the Door to Direct Private Equity Deals

Co-investing alongside private equity funds has become increasingly important for institutional investors seeking greater control, reduced fees, and selective deal exposure. Once reserved for...

From Loans to Layers: Navigating the CLO Capital Stack

Collateralized Loan Obligations (CLOs) play an important role in credit markets by bridging the capital needs of corporate borrowers with the return objectives of...

Allocator Interviews

In-Depth: High Yield

Voices

Request for Proposal

- Advertisement -
HedgeNordic
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.