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Novartis Pension Fund
The Novartis Pension Fund was established to provide retirement, disability and death benefits to employees of Novartis AG. Novartis AG serves as the plan...
Novartis Pension Fund
The Novartis Pension Fund was established to provide retirement, disability and death benefits to employees of Novartis AG. Novartis AG serves as the plan sponsor. The structure comprises two separate plans that operate under Swiss pension regulations. The fund deploys capital across equities benchmarked to the MSCI World Index, green bonds, Swiss real estate vehicles and private equity commitments. Confirmed holdings include positions in Partners Group Private Equity I and Norbury Partners. Real estate exposure runs through Credit Suisse 1a Immo PK Fund, Credit Suisse Real Estate Investment Foundation and Real Estate Fund Siat. Geographic reach centers on Switzerland for property and mortgages, with global allocations in equities, infrastructure and private equity. Assets total approximately $15.6 billion. The fund maintains memberships in the UN Principles for Responsible Investment, Net Zero Asset Owner Alliance, Climate Action 100+ and GRESB. August 2024: Participated in Net Zero Asset Owner Alliance Progress Meetings focused on decarbonization targets. Service providers include KPMG as statutory auditor and Credit Suisse Asset Management for real estate. The fund operates as a captive pension vehicle sponsored by Novartis AG, with governance tied directly to the parent company's board and finance leadership. Partial asset transfers occurred during the Alcon and Sandoz spin-offs.
General information
Firm type
Pension Fund
Location
Region
Europe
Country
Switzerland
City
Basel
Corporate office
Aeschenvorstadt 55, 4002 Basel, Switzerland
Principals
Daniel Weiss
Chairperson of the Board of Trustees
Harry Kirsch
Member of the Board of Trustees
Sector focus
Frequently asked questions
Who runs investment decisions at Novartis Pension Fund?
Daniel Weiss serves as Chairperson of the Board of Trustees. Harry Kirsch, CFO of Novartis AG, also sits on the board.
Does Novartis Pension Fund participate in fund commitments or only direct deals?
The fund holds commitments to private equity vehicles such as Partners Group Private Equity I and maintains direct mortgage holdings in Switzerland.
What asset classes does Novartis Pension Fund allocate to?
Allocations include public equities, fixed income with a green bond sleeve, Swiss real estate, infrastructure and private equity.
Where does the underlying wealth come from?
The fund is sponsored by Novartis AG, the Swiss pharmaceutical company, to cover employee pension obligations.
How is Novartis Pension Fund related to Novartis AG?
Novartis AG acts as the plan sponsor and founder. Pension assets were partially transferred during the Alcon and Sandoz separations.
What is Novartis Pension Fund's known posture on responsible investment?
The fund is a signatory to the UN PRI since 2018 and a member of the Net Zero Asset Owner Alliance.
Does Novartis Pension Fund maintain philanthropic structures?
The related Novartis Foundation focuses on global health initiatives and operates separately from the pension fund.
Profile maintained by Altss 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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