# Allgemeine Pensionskasse der SAirGroup (APK)

Allgemeine Pensionskasse der SAirGroup (APK) is a Pension Fund based in Glattbrugg, Switzerland.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Glattbrugg, Switzerland
- **Region:** Europe
- **Assets under management:** 1300 (Altss estimate)

## Regulatory record

- **Reports private funds:** No

## About

Allgemeine Pensionskasse der SAirGroup originated as the pension vehicle of the former Swissair group. The fund was separated after the airline's 2001 bankruptcy. It operates as a hybrid defined-benefit and defined-contribution plan for a closed membership base. The fund holds a minority stake in Anlagestiftung Turidomus, a Swiss real estate foundation that owns residential and commercial portfolios including the Haus Krokodil project in Winterthur. It also maintains a direct mortgage portfolio for members and retirees. Geographic exposure centers on Switzerland with additional holdings through Private Equity Holding AG. The fund reported 1.3 billion USD in assets. It participates in the Swisscanto Pension Fund Study as an attendee. Service providers include PFS Pension Fund Services AG for administration and Pensimo Management AG for real estate mandates. The fund maintains membership in ASIP and KGAST. Its board structure and carve-out history from SAirGroup create a distinct governance framework separate from ongoing airline operations.

## Sectors

- Real Estate

## People

- Peter Ramel — President of the Board of Trustees
- Walter Kälin — Vice President of the Board of Trustees

## Questions

### Who runs investment decisions at Allgemeine Pensionskasse der SAirGroup?

Peter Ramel serves as President of the Board of Trustees. Walter Kälin serves as Vice President.

### What is the relationship between Allgemeine Pensionskasse der SAirGroup and SAirGroup?

The pension fund was carved out from SAirGroup following the group's 2001 bankruptcy.

### Does Allgemeine Pensionskasse der SAirGroup invest in real estate?

Yes. It holds a minority position in Anlagestiftung Turidomus, which owns residential and commercial assets in Switzerland.

### What asset classes does Allgemeine Pensionskasse der SAirGroup hold?

The fund maintains real estate exposure, a mortgage portfolio, and a stake in Private Equity Holding AG.

### Is Allgemeine Pensionskasse der SAirGroup a member of industry associations?

Yes. It belongs to ASIP, the Swiss Pension Fund Association, and KGAST.

## Related profiles

- [Aeon Pension Fund](https://altss.com/profile/aeon-pension-fund)
- [American Family Mutual Insurance Company](https://altss.com/profile/american-family-mutual-insurance-company-amfam)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/allgemeine-pensionskasse-der-sairgroup-apk

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