Denmark

Robert Helms will be responsible for the Danish firm’s New Markets fund, which reached a $700m first close earlier this year.

A group of Nordic investors has helped the Danish fund manager reach a $700m first close on New Markets Fund I, CIP’s first emerging markets-focused vehicle.

Opposition party sponsoring the move says it is ‘not protectionism, but common sense and protection of sovereignty’.

No one disputes the regulator’s role in ensuring Denmark’s pension funds invest responsibly. But the lack of clarity over specific requirements isn’t helping anyone.

The asset class generated a 12.5% return and the allocation could be increased, CIO Claus Stampe tells us, despite recent local watchdog censure on infrastructure investments.

Several of the country’s major pension funds were singled out for improper risk management and valuation methods.

ATP said that its $6.7bn TDC acquisition is safe, but further involvement with the group is paused pending questions they ‘need to have answered’ amid claims of dividend trading, denied by Macquarie.

The new vehicle is targeted at Danish investors just below the ranks of the country’s large pension schemes and is backed by Sampension as liquidity provider.

Anette Eberhard, who will oversee private equity at the alternatives manager of the Danish pension, talks about the team's expansion plans, new mandates and direct investments.

By splitting its alternatives arm, the Danish pension will also start investing on behalf of other institutional investors, effectively taking on the role of asset manager.