- 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

Nordic CTAs Feel the Jitters: May 2025 Review

In May 2025, the NHX CTA Index was down again as profits in rebounding stock markets were not enough to offset losses in fixed...

Borea Deal Sets Fund Boutique Valuation Benchmark

Frendegruppen – Norway’s second-largest banking partnership – announced about a year ago its agreement to acquire a majority stake in the Norwegian fund boutique...

From Macro to Trend: Volt’s Approach to Trend-Following

Patrik Säfvenblad, Jukka Harju, and the broader team at Volt Capital Management have successfully managed their fundamental systematic macro strategy since its launch in...

The Secret Behind Mandatum’s Managed Futures Strategy

2024 has been a mixed but generally challenging year for trend-following strategies. The early months of 2025, particularly March and April, have been equally, if...

Turning a Time Zone Constraint into a Truly Diversified Systematic Portfolio

Many hedge funds aim to deliver truly uncorrelated and consistent returns to investors. A team based in Australia – partly motivated by the time...

Honey, you Shrunk the Skew

By Linus Nilsson, Head of Systematic Strategies at Tidan Capital: One of the mythical qualities of a trend-based strategy is that it is a...

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.