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PFA makes new investment with Goldman Sachs

Danish pension company PFA has joined forces with American investment bank Goldman Sachs to inject money into the company Avantor which manufactures silicone, among other things, according to Danish news media Finans.

Henrik Nøhr Poulsen from PFA. | Photo: PR

PFA has turned up the alternative investments volume in the second half of 2017, and this is among other things happening in collaboration with American investment bank Goldman Sachs, according to Danish news media Finans.

According to the media, PFA has invested DKK 950 million in the company Avantor Inc, which, among other things, manufactures silicone for silicone breast implants, it says.

The investment is made together with Goldman Sachs and a Canadian pension company, but is just one of several major investments that PFA has made in the second half of 2017, Finans writes, stating that PFA has invested for about DKK 10 billion in fall 2017.

"It's no secret that Goldman invests too and wants partners – someone they know – in the investment," says Henrik Nøhr Poulsen, PFA's Head of Equities and Alternative Investments, to Finans. It is not the first time that PFA invests together with the US investment bank. They have previously invested in the company formerly known as Dong (now Ørsted).

English Edit: Marie Honoré

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