Pensionskasse Basel-Stadt

Pensionskasse Basel-Stadt

Pensionskasse Basel-Stadt was established to deliver mandatory occupational pension coverage for public-sector workers in the canton. Susanne Jeger chairs the executive board while Max-Eric Laubscher heads the investment office. The mandate centers on preserving capital against longevity, disability, and mortality risks for covered participants. The portfolio mixes real estate, private equity, mortgages, and listed equities. Real estate holdings include the Geneva Rive Gauche residential portfolio valued at approximately CHF 550 million and the Konnex mixed-use project in Baden held jointly with PK UBS. Private equity exposure runs at 3.73 percent of assets with commitments through BioMedInvest funds and other vehicles. Geographic reach centers on Switzerland for direct property and extends globally through listed equities and select private investments. Mortgages and loans to affiliates represent about 10.5 percent of the book. The fund employs no disclosed headcount figure. It maintains memberships in Swiss Sustainable Finance, ASIP, PRI, Climate Action 100+, and Nature Action 100. Max-Eric Laubscher sits on the board of AFIAA. Service providers include Baloise Asset Management for real estate since 2020, Pictet Asset Management and LGIM for equity mandates since 2024, and Goldman Sachs for commodities since 2016. No operational events from the last 24 months appear in available records. Governance places investment policy under a board that includes cantonal government representatives such as Tanja Soland. This structure ties mandate changes directly to public oversight rather than family succession or external capital raises.