LP profile · Pension fund
AP3
AP3 is a pension fund headquartered in Sweden (Europe). Ranked #199 in the 2026 Dealroom Power Law LP Ranking by realised power-law score across its venture commitments.
Historical Background
- AP3, also known as Tredje AP-fonden, was established in 2001 as part of a reform of the Swedish national pension system.
- It is one of five buffer funds designed to ensure the stability of the pension system, managing capital on behalf of current and future pensioners in Sweden.
Source of Capital
- The fund's capital is derived from the Swedish national income pension system.
- It acts as a buffer, managing the assets to smooth out discrepancies between pension contributions and payments, thereby securing the long-term health of the public pension scheme.
Major Events
- No information available.
Allocation Strategy
- AP3 manages a diversified global portfolio that includes equities, fixed-income securities, and alternative investments such as private equity, real estate, and timberland.
- The fund's mandate requires it to manage its capital to generate high returns over time while promoting sustainable development through its investment and ownership practices.
- A specific target within its fixed-income allocation is to have 25% of the portfolio invested in green or sustainability-linked bonds by 2025.