- Advertisement -
- Advertisement -

LD Fonde Partners with BankInvest for Alternatives

- Advertisement -

Stockholm (HedgeNordic) – Danish pension fund LD Fonde has chosen BankInvest to oversee its listed alternative investments, amounting to up to DKK 2 billion. Departing from the traditional path of investing in the private, illiquid space, LD Fonde has chosen to access alternative investments through listed investment companies such as listed private equity funds.

The decision to appoint BankInvest to oversee alternative investments for LD Fonde follows an EU tender conducted in the second half of 2023, where LD Fonde received 12 bids from both Danish and international managers. BankInvest is expected to initiate the management of the mandate during the first half of 2024, initially focusing on managing around DKK 1 billion in private equity.

“LD Fonde has chosen a modern approach to gain exposure to alternatives.”

BankInvest has demonstrated expertise in the area of liquid alternative investments. BankInvest’s team focused on liquid alternatives has been managing Børsnoterede Alternativer, an alternative investment fund mainly investing in private equity, private debt, infrastructure, and real estate. A member of this team is Tore Davidsen, who used to serve as a portfolio manager for SEB Eureka Fixed Income Relative Value since its launch in January 2018, working alongside the fund’s architect and chief investment officer, Bo Michael Andersen.

“BankInvest has built an investment process and portfolio construction that provides a well-diversified portfolio and daily estimates of the price of the underlying unlisted investments,” says Kristoffer Fabricius Birch, Co-Chief Investment Officer and Head of Equities at LD Fonde. As an investor, LD Fonde gains access to sophisticated digital tools, enabling the daily tracking of exposure and returns across individual investments and asset classes. This is crucial for making informed investment decisions, according to Birch.

Andrea Panzieri, Investment Director at BankInvest, eagerly anticipates the upcoming collaboration on the management of listed alternatives. “LD Fonde has chosen a modern approach to gain exposure to alternatives,” says Panzieri. “LD Fonde gets a liquid portfolio with flexible portfolio management, a high degree of diversification and the opportunity to take advantage of distortions in the market.”

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

Leveraging Opportunities in Credit Markets

Stockholm (HedgeNordic) – After several years of successful bond investing through a private investment company, Nicolai Wenckheim launched an alternative investment fund in March...

ATP’s Response to Changing Equity-Bond Correlations

Stockholm (HedgeNordic) – In 2022, the usual negative correlation between equities and bonds, essential for the construction of diversified portfolios, disappeared. This rare anomaly,...

Evolution in Hedge Fund Investing with LGT Collaboration

Stockholm (HedgeNordic) – Since Peter Ragnarsson assumed the role of Head of Alternatives at PRI Pensionsgaranti in 2015, the Swedish pension insurer has significantly...

Borea Expands Sustainability Focus with New Hire

Stockholm (HedgeNordic) – Norwegian fund boutique Borea Asset Management has expanded its management team with the hiring of Iselin Ahmer Solberg as a corporate...

Schroders Strengthens Nordic Client Team

Stockholm (HedgeNordic) – Schroders is expanding its client relationship capabilities in the Nordics with the appointment of Ludvig Löfving as a Client Director. He...

The Lynx Constellation Is Brightening Up

Stockholm (HedgeNordic) – Lynx Asset Management made headlines in late 2019 with the launch of its pure-play machine learning strategy, Constellation, as a standalone...

Allocator Interviews

Latest Articles

Man Institute Insights


Request for Proposal

- Advertisement -