- Advertisement -
- Advertisement -

Related

Ex-Velliv PM Joins Lærernes Pension

Industry Report

- Advertisement -

After Danish pension provider Velliv dismissed its entire alternatives team earlier this year as part of a broader strategic shift towards passive strategies, its former Senior Portfolio Manager for real assets has found a new role at another pension fund. Tobias Hasforth Elf-Pedersen has now joined Lærernes Pension as Senior Portfolio Manager focusing on infrastructure. Lærernes Pension manages pension schemes for teachers in Denmark.

“I’m excited to share that I’m starting a new chapter today as Senior Portfolio Manager at Lærernes Pension, focusing on infrastructure funds,” announces Elf-Pedersen. “Big thanks to Tobias Friis for the opportunity, I’m really looking forward to working together.” Elf-Pedersen will report to Tobias Friis, Head of Private Markets at Lærernes Pension, who oversees investments across private equity, real estate, infrastructure, and timberland.

“I’m excited to share that I’m starting a new chapter today as Senior Portfolio Manager at Lærernes Pension, focusing on infrastructure funds.”

At Velliv, Elf-Pedersen moved up from Portfolio Manager for infrastructure to Senior Portfolio Manager responsible for the entire allocation to infrastructure and timberland funds. Despite the strong performance of its alternatives portfolio, Velliv announced the dismissal of its entire Alternatives team earlier this year as part of a broader strategic shift from active management to passive strategies. As of mid-2024, approximately 10 percent of Velliv’s €45 billion portfolio was allocated to alternative investments, including private equity, private credit, liquid alternatives such as trend-following CTAs and commodities, as well as infrastructure and timberland.

As of the end of 2024, Lærernes Pension had DKK 7.7 billion invested in infrastructure, representing approximately 5.2 percent of its total portfolio. Within the private markets allocation, infrastructure is one of the largest components, accounting for 28 percent – just behind real estate. The private markets team led by Tobias Friis manages a total of DKK 26.8 billion across private equity, real estate, infrastructure, and timberland.

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

Beyond Renewables: Coeli Fund Taps Into the Broader Electrification Race

Earlier this year, portfolio managers Vidar Kalvoy and Joel Etzler renamed their fund from Coeli Renewable Opportunities to Coeli Energy Opportunities – a move...

Three Danish Hedge Funds Recognized by the Hedge Fund Journal

Three Danish hedge funds have been recognized at the 2025 Hedge Fund Journal CTA and Discretionary Trader Awards. Two funds managed by Danske Bank...

Private Equity in Transition: Challenges and Opportunities

Private equity has matured into a mainstream – if not cornerstone – allocation for institutional investors. Following years of record fundraising and valuation expansion,...

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...

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.