# Ericsson Pension Trust Fund

Ericsson Pension Trust Fund is a Pension Fund based in Stockholm, Sweden.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Stockholm, Sweden
- **Region:** Europe
- **Address:** Stockholm, Sweden
- **Founded:** 1980
- **Assets under management:** Undisclosed
- **Website:** www.ericsson.com

## Regulatory record

- **Reports private funds:** No

## About

The Ericsson Pension Trust Fund was established in 1980 to serve employees of Ericsson's operations. Sponsorship traces to Telefonaktiebolaget LM Ericsson. Christer Franzén leads investment decisions with support from Michael Levén. The fund allocates 7% of assets to private equity. It maintains direct holdings in Swedish social infrastructure such as court buildings, police stations and schools. Confirmed positions include a 21.4% ownership in Vacse AB and commitments to JP Morgan Asset Management private equity funds. Geographic focus remains Sweden with additional exposure through US plan assets in Plano, Texas. Total assets reached an estimated $2.9 billion as of December 2024. The fund employs external providers including Deloitte as auditor and PRI Pensionsgaranti for credit insurance. It participates in the HedgeNordic professional network. Governance ties the fund directly to its corporate sponsor through the Ericsson Pensionsstiftelse entity, which channels capital into long-duration real estate without external fund-of-funds intermediation.

## Sectors

- Real Estate
- Private Equity

## People

- Christer Franzén — Chief Investment Officer
- Michael Levén — Senior Portfolio Manager

## Questions

### Who runs investment decisions at Ericsson Pension Trust Fund?

Christer Franzén serves as Chief Investment Officer. Michael Levén acts as Senior Portfolio Manager. Both are named in the firm's operational records.

### Does Ericsson Pension Trust Fund participate in fund commitments or only direct deals?

The fund holds both. It maintains a 7% private equity allocation through fund commitments and direct ownership in Vacse AB.

### What asset classes receive the largest allocations?

Real estate forms the core through direct holdings in social infrastructure and multifamily housing. Private equity receives a disclosed 7% target allocation.

### Which co-investors appear alongside Ericsson Pension Trust Fund?

Skanska Trean Allmän Pensionsstiftelse and AB Volvo Pensionsstiftelse co-own Vacse AB with the fund.

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- [Aspyre Wealth Partners](https://altss.com/profile/aspyre-wealth-partners)
- [Cadent Capital Advisors](https://altss.com/profile/cadent-capital-advisors)

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

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