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  • August 2017 (Revised January 2020)
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PFA Pension: Expansion of Alternatives Portfolio

By: Victoria Ivashina, Federica Gabrieli and Jérôme Lenhardt
  • Format:Print
  • | Language:English
  • | Pages:16
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Abstract

PFA Pension was the biggest commercial pension provider in Denmark. At the end of 2015, the company had decided to boost its investments into the alternative asset class, an area where it was lagging behind its competitors. The aim was to privilege direct investments and co-investments rather than allocations through funds. One year later, PFA could count on an expert alternative investment team, a defined investment process, and a number of successful direct investments. Still, a number of questions remained: How could PFA better access attractive deal opportunities? Should PFA try to build a formal deal sourcing model? What resources and skills would be necessary to add to the alternative investment team?

Keywords

Asset Management; Private Equity; Investment; Denmark; Europe

Citation

Ivashina, Victoria, Federica Gabrieli, and Jérôme Lenhardt. "PFA Pension: Expansion of Alternatives Portfolio." Harvard Business School Case 218-025, August 2017. (Revised January 2020.)
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About The Author

Victoria Ivashina

Finance
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Related Work

    • August 2017 (Revised January 2020)
    • Faculty Research

    PFA Pension: Expansion of Alternatives Portfolio

    By: Victoria Ivashina, Federica Gabrieli and Jérôme Lenhardt
Related Work
  • PFA Pension: Expansion of Alternatives Portfolio By: Victoria Ivashina, Federica Gabrieli and Jérôme Lenhardt
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