Luzerner Pensionskasse

Luzerner Pensionskasse

Luzerner Pensionskasse was established in 2000 to administer retirement benefits for employees of the Canton of Lucerne. Fabio Camilli serves as managing director. The institution functions as a public-law entity with its own governance separate from direct cantonal control. The fund allocates 2.5 percent of assets to private equity with a 2 percent target. It holds direct real estate assets including Schweighof Kriens, Livingscience ETH Zürich, Löwencenter, and Gibraltarstrasse Luzern. Infrastructure exposure comes through vehicles such as Avadis Clean Energy Infrastructure, UBS Clean Energy Infrastructure Switzerland 3, and Fontavis Renewable Infrastructure Fund Europe. All named holdings sit in Switzerland or broader Europe. The fund also runs a direct mortgage portfolio valued at approximately $660 million. Luzerner Pensionskasse employs no disclosed headcount figure. It maintains membership in ASIP, Swiss Sustainable Finance, and the UN PRI. In June 2025 the fund attended the ASIP Vorsorge-Symposium to discuss Swiss pension reforms. It works with auditors Ernst & Young and investment advisor PPCmetrics. The fund is a long-term member of the Ethos Engagement Pool. The fund's structure ties directly to its cantonal mandate, requiring it to serve public employees while pursuing independent investment decisions. This creates a governance model distinct from private pension providers or multi-employer plans.