AMWatch

Alecta dives deeper into risk sharing transactions after co-investment pledge

One of Sweden's largest investors Alecta and the Dutch pension fund and investment manager PGGM enter into credit risk sharing transaction with J.P. Morgan.

Tony Persson, head of fixed income and strategy at Alecta. Photo: PR / Alecta

In May, Swedish pension fund Alecta and Dutch pension provider and investment manager PGGM decided to join forces in investing in credit risk sharing transaction. The pension duo has now entered into a risk sharing transaction with US banking group J.P. Morgan on the basis of a roughly USD 2.5bn corporate loan portfolio with loans originated by its Corporate & Investment Banking unit.

In addition, the transaction is a multi-year program in which the bank risk shares both existing and new loan origination.

Read this article for free

Register with your E-mail.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

Related articles

amwatch trial

Latest news

Jobs

See all

See all

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch