# Norsk Hydro Pension Plan

Norsk Hydro Pension Plan is a Pension Fund based in Oslo, Norway.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Oslo, Norway
- **Region:** Europe
- **Founded:** 1915
- **Assets under management:** 1400 (Altss estimate)
- **Website:** hydro.com
- **LinkedIn:** https://www.linkedin.com/company/norsk-hydro

## Regulatory record

- **Reports private funds:** No

## About

Norsk Hydro Pension Plan was established in 1915 to serve the retirement needs of Norsk Hydro employees. The plan remains sponsored by Norsk Hydro ASA, the Norwegian industrial metals company. The plan deploys capital into private equity funds, infrastructure vehicles, and direct commercial real estate. Confirmed commitments include HarbourVest Partners, EQT, Macquarie Asset Management, and OmniCapital Group. Geographic exposure centers on Norway and extends to the United States, Sweden, and the United Kingdom. The plan also maintains an equity position in Norsk Hydro ASA listed on Oslo Børs. Assets total 1,400 million USD. The plan owns multiple Oslo office properties through Hydro Pensjonskasse, including Hydrobygget and Vækerø Park. December 2025: Participated in the EIOPA IORP Stress Test 2025 focused on pension liquidity and solvency. The plan operates as a captive vehicle tied directly to its corporate sponsor rather than an independent allocator. Service providers include Gabler Pensjonstjenester AS as responsible actuary and DNB ASA for banking and custody.

## Sectors

- Private Equity
- Infrastructure
- Real Estate

## Questions

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

The plan holds commitments to private equity managers, infrastructure funds, and direct commercial real estate in Oslo.

### Does the plan invest in external managers?

Yes. Positions include HarbourVest Partners, EQT, Macquarie Asset Management, and OmniCapital Group.

### Where is the plan headquartered?

The plan is based in Oslo, Norway.

### What real estate does the plan own?

Direct holdings include Hydrobygget at Bygdøy allé 2 and Vækerø Park at Drammensveien 264, both in Oslo.

## Related profiles

- [Muller & Monroe Asset Management](https://altss.com/profile/muller-monroe-asset-management)
- [Nottingham Advisors Asset Management](https://altss.com/profile/nottingham-advisors-asset-management)

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

Canonical page: https://altss.com/profile/norsk-hydro-pension-plan

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