Pension Fund

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Evangelical-Lutheran Church of Finland Pension Fund

The Evangelical-Lutheran Church of Finland Pension Fund was founded in 1999 to serve employees of the Evangelical Lutheran Church of Finland.

Evangelical-Lutheran Church of Finland Pension Fund

The Evangelical-Lutheran Church of Finland Pension Fund was founded in 1999 to serve employees of the Evangelical Lutheran Church of Finland. Juha-Pekka Järvinen serves as Director and Ira van der Pals as Investment Director and Head of Equities. The fund allocates to public equities, private equity, and real estate. Confirmed holdings include positions in Nokia Corporation, Musti Group, Enento Group, Detection Technology Plc, Metsä Board, Kempower and Storebrand ASA. It also holds interests in Incus European Renewables Credit Fund II and Trium ESG Emissions Improvers. Real estate exposure centers on the Helsinki metropolitan area and a joint venture project called Green Chemistry Park in Espoo. Geographic focus remains Finland with additional commitments in Southern Europe. The fund reported approximately 2 billion USD in assets as of 2020. It maintains memberships in PRI, Finsif, IIGCC, Climate Action 100+, and Green Building Council Finland. In March 2025 the fund participated as a speaker at the Aalto EE Sustainable Investing Program. The fund operates under the oversight of the Evangelical Lutheran Church of Finland with investment decisions executed through dedicated internal roles and external partnerships such as Keva for administration.

General information

Firm type

Pension Fund

Year founded

1999

Location

Region

Europe

Country

Finland

City

Helsinki

Corporate office

Eteläranta 8 PL 210, 00131 Helsinki, Finland

Principals

Juha-Pekka Järvinen

Director of the Pension Fund

Ira van der Pals

Investment Director / Head of Equities

Sector focus

Financial ServicesReal Estate

Frequently asked questions

Who runs investment decisions at the Evangelical-Lutheran Church of Finland Pension Fund?

Juha-Pekka Järvinen serves as Director and Ira van der Pals as Investment Director and Head of Equities (Altss research).

Does the fund participate in fund commitments or only direct deals?

The fund holds limited partner interests in Incus European Renewables Credit Fund II and Trium ESG Emissions Improvers alongside direct real estate and public equity positions (Altss research).

What is the fund's known posture on co-investments alongside external GPs?

The fund maintains limited partner positions in external vehicles focused on renewables and ESG strategies (Altss research).

Where does the underlying wealth come from?

The fund receives contributions tied to the Evangelical Lutheran Church of Finland to meet pension obligations for church personnel (Altss research).

How is the fund related to the Evangelical Lutheran Church of Finland?

The church serves as the parent institution that established the pension fund in 1999 (Altss research).

Profile maintained by 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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