ATP

ATP establishes new fund and opens for external investors

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With a capital commitment of €800m, ATP has established its seventh fund ATP PEP VII in the subsidiary Private Equity Partners (ATP PEP).

 ”ATP PEP has year after year provided a world-class return to our members and at the same time the team has been able to implement our increased requirements for ESG-integration in the investment processes and ensured that ATP’s tax policy has been implemented. Therefore, I am very pleased that we have entered into an agreement on another fund”, says Mikkel Svenstrup, CIO at ATP.

 At the same time, ATP gives the team in ATP PEP the possibility to seek interest among other likeminded institutional investorstoparticipate in a parallel fund to ATP PEP VII.

 ”This in order to ensure a longer lasting business model where ATP achieves further savings and can still maintain a strong and competent investment team”, says Mikkel Svenstrup. In parallel ATP will work on obtaining the necessary regulatory approvals.

 ”We are pleased with the launch of the seventh fund and are proud of the continued support from ATP and the opportunity to offer our service for the benefit of more investors,” says Torben Vangstrup, Managing Partner at ATP PEP.

The investment strategy for ATP PEP VII will largely be identical to the previous funds, with a special focus on private equity funds in Europe and North America and co-investments with these funds. ATP PEP VII will start investing with immediate effect.

 ATP Private Equity Partners
Since the establishment of ATP PEP in 2002, ATP has given total commitments of more than €10bn for investments in private equity and is thus one of Europe’s largest institutional investors in private equity funds. ATP PEP has delivered an average of 12.5% in annual returns and has several times since 2013 been named by Preqin as the most consistently top-performing fund of funds in the world - most recently in the third quarter of 2020. ATP PEP is an independent subsidiary and has 11 employees, of which 5 are investment partners with a total of more than 80 years of experience in private equity investing.

For further information, please contact Head of Press Stephan Ghisler-Solvang, tel.  +45 6122 9392, email: stg@atp.dk 

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The ATP Group is Denmark's largest pension company and processing business. We solve tasks for almost all Danish citizens and companies. With pension assets of DKK 934 billion, ATP is one of Europe’s largest pension companies. Pensions & Investments are responsible for ATP's pension product, ATP Livslang Pension (Lifelong Pension). ATP Livslang Pension is a collective scheme with more than 5 million members. The aim is to provide good and stable pensions by ensuring a lifelong real value guarantee. This is done by investing in e.g., bonds, equities, real estate and infrastructure. ATP Livslang Pension ensures that almost all citizens in Denmark receive a supplement to the state pension when they retire – and for the rest of their lives.

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ATP etablerer ny fond og åbner for eksterne investorer2.10.2020 09:30:00 CESTPressemeddelelse

ATP har med et kapitalgrundlag på 6 mia. kroner etableret sin syvende fond, ATP PEP VII, i datterselskabet Private Equity Partners (”ATP PEP”). ”ATP PEP har år efter år leveret afkast i verdensklasse til vores medlemmer, og samtidig har teamet evnet at implementere vores øgede krav om ESG-integration i investeringsprocesserne og været med til at sikre, at ATP’s skattepolitik er blevet ført ud i livet. Derfor er jeg meget tilfreds med, at vi har landet en aftale om endnu en fond”, siger Mikkel Svenstrup, investeringsdirektør i ATP. ATP giver samtidig teamet i ATP PEP mulighed for at afsøge interessen blandt eksterne institutionelle investorer for at deltage i en parallel fond til ATP PEP VII. ”Det gør vi for at sikre en mere langtidsholdbar forretningsmodel, hvor ATP opnår yderligere besparelser, og vi er samtidig i stand til at fastholde et stærkt og kompetent investeringsteam”, siger Mikkel Svenstrup. Sideløbende vil arbejdet med at opnå de nødvendige myndighedsgodkendelser blive ivær

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