# IBM Research Zurich

IBM Research Zurich is a Pension Fund based in Zurich, Switzerland.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Zurich, Switzerland
- **Region:** Europe
- **Address:** Vulkanstrasse 106, CH-8010, Zurich, Switzerland
- **Founded:** 1956
- **Assets under management:** 2867 (Altss estimate)
- **Website:** www.zurich.ibm.com

## Regulatory record

- **Reports private funds:** No

## About

The IBM Switzerland Employee Welfare Fund was established in 1956. It operates as a defined benefit pension plan serving Swiss workers of IBM. The fund is based in Zurich. The fund maintains allocations across equities, fixed income, private equity, venture capital, real estate and infrastructure. Confirmed holdings include multiple Swiss investment funds. It invests through vehicles such as Avadis Investment Foundations and maintains a long-term illiquidity profile for alternative assets. Assets total $2.9B. The fund works with Avadis Vorsorge AG as investment advisor since 2012 and PricewaterhouseCoopers as auditor since 2006. It participates in the Swiss American Chamber of Commerce and European Physical Society. The fund maintains a direct relationship with parent IBM Corporation as sponsor and operates under Swiss pension regulations with no external fund commitments disclosed.

## People

- Alessandro Curioni — Director of IBM Research Zurich

## Questions

### Who runs investment decisions at IBM Research Zurich?

Alessandro Curioni serves as Director. Markus Anton Bächli sits on the foundation board. Day-to-day asset management is delegated to Avadis Vorsorge AG.

### What asset classes does the fund allocate to?

The fund holds public equities, fixed income, private equity, venture capital, real estate and infrastructure. Alternative assets carry long-term illiquidity terms.

### How is the fund related to IBM Corporation?

IBM Corporation acts as founder and sponsor of the welfare fund for its Swiss employees.

### Does the fund make direct investments or only fund commitments?

The fund participates in both direct holdings and investments through external vehicles including Avadis Investment Foundations.

### Where does the fund invest geographically?

Primary exposure is in Switzerland with additional holdings in global real estate and US equities.

## Related profiles

- [AA Pension Scheme](https://altss.com/profile/aa-pension-scheme)
- [Argonaut Private Equity](https://altss.com/profile/argonaut-private-equity)

---

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

Canonical page: https://altss.com/profile/ibm-research-zurich

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology