AMWatch

ATP CEO keeps a cool head as new investment unit takes shape

The first people have been hired for ATP's new direct investment arm, but the CEO is not rushing to investigate potential investments. "For me, quality is more important than quantity," he says.

ATP CEO Bo Foged | Photo: PR/ATP

DKK 6bn (EUR 810m) has been set aside by Denmark's largest pension fund ATP to invest in unlisted and early-stage Danish companies. CEO Bo Foged will not be breathing down the necks of the investment team to get them to invest quickly, however.

Details about the new investment arm, ATP Langsigtet Dansk Kapital, were released in May, and ATP has highlighted IT, pharmaceutical technologies and renewable energy as exciting industries the new unit may invest in.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

ATP's managed assets maintained growth in Q3

A positive result from investments and a negative hedging portfolio outcome are the main takeaways from ATP's Q3 report, which reports that total managed assets have increased, and the bonus rate has also swelled further.

Velliv divests coal and tar sands

Neither coal nor oil extracted from tar sands will be be found in Velliv's portfolio now that the company has decided to completely exclude companies associated with those activites.

Further reading

Related articles

Trial banner

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch