# Oslo Pensjonsforsikring

Oslo Pensjonsforsikring is a Pension Fund based in Oslo, Norway.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Oslo, Norway
- **Region:** Europe
- **Address:** St. Olavs Plass 5, 0165 Oslo, Norway
- **Founded:** 1902
- **Assets under management:** 13818 (Altss estimate)
- **Website:** opf.no
- **LinkedIn:** https://no.linkedin.com/company/oslo-pensjonsforsikring-as

## Regulatory record

- **Reports private funds:** No

## About

Oslo Pensjonsforsikring was established in 1902 and remains fully owned by the City of Oslo. It administers public pension arrangements and insurance products for municipal staff and affiliated entities. The structure channels investment returns directly into lower costs for plan participants rather than external distributions. Allocation spans private equity at 8.71 percent alongside real estate, infrastructure, and listed equities. Confirmed holdings include direct stakes in No Isolation AS at 14.49 percent, Defigo AS at 15 percent, and Copenhagen Infrastructure III. The firm also maintains positions in EIG Energy Fund XVIII and Cubera Private Equity. Geographic exposure centers on Norway with additional commitments to global infrastructure vehicles. The firm employs 137 professionals and holds a 50 percent joint venture interest in Entra OPF Utvikling for property development. It owns Oslo Forsikring AS outright as a non-life insurance subsidiary. September 2024 attendance at the Oslo Business Forum marked one recent operational engagement. Additional real estate assets include Ullevaal Stadion, Media City Bergen, Herøya Industripark, and multiple Oslo office buildings. Ownership by the City of Oslo creates a closed mandate that ties investment policy to municipal employee benefits without external LP pressure. This produces a stable capital base oriented toward long-term Norwegian real assets and selective private equity exposure through both direct holdings and fund commitments.

## Sectors

- Infrastructure
- Real Estate
- Private Equity
- Energy & Utilities

## People

- Lars Haram — CEO
- Stig Faltinsen — Chief Investment Officer
- Jørund Vandvik — Chair of the Board

## Questions

### Who runs investment decisions at Oslo Pensjonsforsikring?

Lars Haram serves as CEO and Stig Faltinsen serves as Chief Investment Officer. Jørund Vandvik chairs the board. Decisions follow the mandate set by sole owner City of Oslo.

### Does Oslo Pensjonsforsikring participate in fund commitments or only direct deals?

The firm holds both direct equity stakes and limited partner positions. Examples include Copenhagen Infrastructure III and EIG Energy Fund XVIII alongside direct ownership in No Isolation AS and Defigo AS.

### What asset classes receive allocation at Oslo Pensjonsforsikring?

Private equity accounts for 8.71 percent of assets. Real estate, infrastructure, and listed Norwegian equities form the balance. Direct property ownership covers mixed-use, industrial, and commercial assets.

### Where does Oslo Pensjonsforsikring concentrate its real estate holdings?

Holdings center on Oslo with additional properties in Bergen, Porsgrunn, Asker, and Gardermoen. Key assets include Ullevaal Stadion, Herøya Industripark, and Media City Bergen.

### How is Oslo Pensjonsforsikring governed relative to its owner?

The City of Oslo holds 100 percent ownership. Investment policy aligns with providing lowest-cost pensions and insurance to municipal employees and enterprises.

### Does Oslo Pensjonsforsikring maintain any external memberships?

It holds passport membership in Infrastructure-Global and belongs to Pensjonskasseforeningen, the Norwegian Association of Pension Funds.

### What is Oslo Pensjonsforsikring's known posture on ESG factors?

The firm follows Norges Bank's exclusion list and integrates climate risk assessment. It targets alignment with the Paris Agreement through active ownership practices.

## Related profiles

- [China Internet Investment Fund](https://altss.com/profile/china-internet-investment-fund)
- [Abbott Capital Management](https://altss.com/profile/abbott-capital-management)

---

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

Canonical page: https://altss.com/profile/oslo-pensjonsforsikring

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