CHC Helicopter Corporation Pension Fund (Norway)

The fund is the Norwegian occupational pension vehicle for the local operating company, Heli-One (Norway) AS, which is itself a subsidiary of CHC Group LLC based in Irving, Texas. This means the fund sits beneath both Norwegian pension regulation and the economic reality of its US-listed parent, whose core business is helicopter transport services.

Based on available portfolio data, the fund does not hold public equities or private-market assets like venture capital or private equity. Its reported asset classes are commercial real estate (via fund structures), Norwegian fixed income, and Norwegian money-market instruments — a conservative allocation focused on liability matching.

The fund holds a real estate portfolio composed of commercial properties, accessed through fund structures rather than direct ownership. This allocation includes both Norwegian and international assets. It provides some diversification away from pure fixed-income exposure, though the specific fund managers and property-level detail are not publicly reported.

Aker BP is a major strategic partner and contract counterparty to CHC's Norwegian helicopter operations. Since the fund's sponsoring employer derives significant revenue from transporting Aker BP personnel to offshore installations, the oil producer's capital-expenditure and production plans indirectly influence the size and contribution health of the pension plan.

No. As a private-sector, single-sponsor pension fund without a public-facing investor-relations function, the fund does not disclose detailed holdings, manager lists, or performance data. The broad allocation buckets are known from aggregated profile records, but granular transparency is absent.