Caisse de Pensions de la Fonction Publique du Canton de Neuchâtel

Caisse de Pensions de la Fonction Publique du Canton de Neuchâtel

Created to secure the pensions of public-sector employees in the Canton of Neuchâtel, the Caisse de Pensions de la Fonction Publique du Canton de Neuchâtel (CPCN) pools contributions from the cantonal government and its workers. The fund's capital originates from mandatory employee and employer contributions tied to public service within the canton, with no single private wealth creator behind it. CPCN deploys across a classic Swiss pension allocation framework: public equities, fixed income, and a meaningful direct real-estate sleeve concentrated in the Neuchâtel region. Confirmed direct holdings include residential properties at Avenue des Alpes 78 and Rue de l'Orée 26 in Neuchâtel, alongside a broader Swiss mixed-use real estate portfolio and a global infrastructure portfolio. The fund operates as a direct owner of hard assets rather than relying exclusively on fund-of-funds structures for its property exposure. Governance sits with Director Alain Kolonovits, with Nicole Laville leading asset management and Gabriel Kraehenbuehl serving as Vice Chair of the Board. CPCN participates actively in Swiss and international stewardship networks: it has been a member of the Ethos Engagement Pool since 2011, is a signatory to the Paris Aligned Asset Owners initiative through the Institutional Investors Group on Climate Change, and is an investor signatory to Climate Action 100+. The fund also maintains a connection to the Ethos Foundation for sustainable-investment advocacy. CPCN's structural logic is that of a public-law pension institution with a direct-property bias — holding real estate it can visit, inspect, and manage locally. That separates it from peer Swiss pension funds that outsource the majority of their real-asset allocation to external managers, giving CPCN a governance footprint that extends into building-level decisions in Neuchâtel.