Storebrand after green pledge with Danish schemes: This cements our position as a Nordic actor

"We have an ambition to strengthen our position as a Nordic asset manager with good sustainable solutions and infrastructure," Storebrand Asset Management CEO Jan Erik Saugestad says after joining Copenhagen-based green investment platform.

"For us as an asset manager, we have a clear ambition to develop the leading position we have in sustainable investments, our solutions in alternative investing and Nordic solutions. This is a solid starting point for infrastructure and we have solid opportunities to develop the collaboration as well as this area of asset management, says Jan Erik Saugestad, CEO of Storebrand Asset Management. | Photo: Lise Eide Risanger / Storebrand

On Tuesday it was announced that Norwegian Storebrand Asset Management will join forces with the Danish pension funds PKA and Pensam and allocate NOK 45bn (EUR 4.2bn) in a new climate and infrastructure fund.

This makes Storebrand the first non-Denmark-based investor to enter Copenhagen-based green investment platform AIP Management, which was founded by the Danish pension duo and makes direct investments in infrastructure. 

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