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AP-Fonden 7 (AP7)
AP7 manages $114 billion as the default Swedish premium pension fund with allocations to equities, private equity, and real estate.
AP-Fonden 7 (AP7)
AP7, Sjunde AP-fonden (Seventh AP Fund), serves as the state alternative to private investment funds in the Swedish premium pension system. It manages these funds to deliver a long-term annual return. Close to six million Swedes hold their premium pension in the AP7 Såfa fund portfolio.
General information
Firm type
Pension Fund
Year founded
2000
AUM
113916 (Altss estimate)
Location
Region
Europe
Country
Sweden
City
Stockholm
Corporate office
Vasagatan 16, 9th floor, 111 20 Stockholm, Sweden
Principals
Pål Bergström
CEO
Lena Fahlén
Chief Investment Officer and Deputy CEO
Sector focus
Frequently asked questions
Who runs investment decisions at AP7?
Pål Bergström serves as CEO. Lena Fahlén holds the roles of Chief Investment Officer and Deputy CEO.
Does AP7 participate in fund commitments or only direct deals?
AP7 commits to external private equity funds through HarbourVest and Hamilton Lane while also holding direct ownership in vehicles such as HarbourVest AP7 Private Equity Investments LLC.
What asset classes does AP7 target?
The fund allocates to public equities, private equity with a current 4.33 percent weighting, real estate including joint ventures, and fixed income with a dedicated green bond portfolio.
Where does AP7 invest geographically?
Real estate holdings concentrate in Sweden. Private equity and equity positions span Europe, the United States, and global markets.
How is AP7 related to the Swedish government?
AP7 operates as a government agency under the Swedish Ministry of Finance and serves as the default option administered through the Swedish Pensions Agency.
Does AP7 maintain ESG or climate commitments?
The fund participates in the Paris Aligned Investment Initiative, Climate Action 100+, and the Principles for Responsible Investment with a stated net-zero target by 2050.
Which external managers does AP7 use for private equity?
HarbourVest Partners and Hamilton Lane serve as primary private equity managers with mandates dating to 2003.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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