K
KLP
Corporate · Founded 1949 · Oslo, Norway
Delivering safe and competitive financial and insurance services to municipalities and county councils, healthcare organizations and public and private companies
Who KLP is.
Where the institution came from, whose capital it manages, and how that capital is allocated — from Dealroom's LP research.
Historical Background
- KLP, or Kommunal Landspensjonskasse, was established in 1949 as a mutual insurance company.
- It was founded to manage the pensions for employees of municipal and county authorities in Norway.
Source of Capital
- KLP's capital is sourced from its customers, as it is a mutual company.
- Its client base consists of Norwegian municipalities, county authorities, health trusts, and various public-sector enterprises that have chosen KLP to manage their occupational pension schemes.
Allocation Strategy
- KLP's portfolio includes a significant allocation to real estate, managed through its subsidiary, KLP Eiendom, which is one of Norway's largest real estate companies.
- The fund is known for its strategy rooted in responsible and ethical investments, with self-imposed guidelines that influence its capital allocation.
- KLP practices active ownership and engages with companies on environmental, social, and governance (ESG) issues, participating in investor coalitions such as Climate Action 100+ and Nature Action 100.
The funds KLP backs.
KLP is a limited partner in 101 funds. 8 of them place in the Power Law Investor Ranking, and the best-ranked are shown here.
How KLP’s fund book is spread.
The 101 funds KLP backs, by where the manager is headquartered and how many funds that manager has raised.
Where those managers are based
By fund headquarters.
- Europe 8685%
- North America 1414%
- Rest of world 11%
Norway 25 · United Kingdom 19 · United States 14 · Sweden 10
How established those managers are
Managers grouped by how many funds they have raised. 24 emerging (three funds or fewer), 52 established — across the 76 of 101 with a fund history on record.
The companies KLP backs directly.
KLP holds 2 companies directly, separate from the funds it commits to as a limited partner.
How those direct holdings break down by headquarters country, sector, entry stage and current growth stage. "Stage entered" is the first priced round the investor joined, derived from the investor’s transaction history.
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Norway1
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USA1
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Energy2
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Semiconductors1
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Series A1
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Series B+1
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Late Growth2
Other LPs.
Other corporate and insurance LPs in the Power Law LP ranking, closest to KLP by combined power-law score — Europe first, then the nearest worldwide.