LP profile · Pension fund
ATP
ATP is a pension fund headquartered in Denmark (Europe). Ranked #116 in the 2026 Dealroom Power Law LP Ranking by realised power-law score across its venture commitments.
Historical Background
- ATP, also known as the Labour Market Supplementary Pension, was established by the Danish Parliament in 1964.
- The fund was created to provide a supplement to the state-funded old-age pension for Danish citizens.
Source of Capital
- ATP is a mandatory pension scheme for the citizens of Denmark.
- Capital is sourced from contributions made by employers and employees.
Major Events
- In 2002, ATP conducted a strategic review that resulted in a decision to significantly increase the fund's allocation to private equity and alternative investments.
Allocation Strategy
- ATP's investment portfolio is divided into two main sub-portfolios: a hedging portfolio that protects pension guarantees and a return-seeking portfolio that invests for upside.
- The investment portfolio has a diversified allocation across equities, government and mortgage bonds, inflation-linked instruments, real estate, and infrastructure.
- As of the end of 2023, the investment portfolio had a market value of DKK 636 billion.