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Pensionskasse Pro (PK Pro)
Pensionskasse Pro operates as a compartment within the Tellco pk foundation, a structure that allows multiple pension plans to share administrative and...
Pensionskasse Pro (PK Pro)
Pensionskasse Pro operates as a compartment within the Tellco pk foundation, a structure that allows multiple pension plans to share administrative and governance overhead while maintaining separate asset pools. The fund absorbed Pensionskasse Profaro in 2015, reflecting a broader Swiss trend of consolidation among smaller regional pension schemes seeking cost efficiency and improved investment access. The board has historically included figures such as former chairman Peter Hofmann. Asset allocation blends direct real estate holdings with fund commitments across private equity, infrastructure, and private credit. The Tellco Investment Foundation Swiss Real Estate Portfolio spans residential and mixed-use properties in Zurich, St. Gallen, Basel, Bern, Geneva, and Lausanne. A dedicated sustainable infrastructure strategy applies a geographic lens of roughly 30% Switzerland, 55% Europe, and 15% North America, targeting industrial assets. The private debt portfolio remains predominantly domestic. Roman Tschäni oversees private equity manager selection and monitoring. The fund's stewardship posture is formalized through a network of sustainability memberships. Pensionskasse Pro has been a member of the Ethos Engagement Pool Switzerland since 2009, adding PRI signatory status in 2020, IIGCC membership for climate action, and investor signatory participation in Climate Action 100+. These affiliations signal an integration of ESG monitoring into manager oversight, consistent with Swiss pension norms. The fund also maintains membership in ASIP, the national association for Swiss pension institutions. Pensionskasse Pro's structural differentiator lies in its compartment-based governance under Tellco pk. Rather than operating as an independent legal entity, the fund shares a foundation board and administrative layer with other pension compartments, trading full autonomy for lower overhead and pooled procurement of investment management services. This architecture is common among Swiss Sammelstiftungen but rare outside the country's three-pillar system, where most institutional allocators maintain fully independent legal structures.
General information
Firm type
Pension Fund
Year founded
—
AUM
Undisclosed
Location
Region
Europe
Country
Switzerland
City
Schwyz
Corporate office
Schwyz, Switzerland
Principals
Roman Tschäni
Portfolio Manager for Private Equity
Sector focus
Frequently asked questions
Who runs investment decisions at Pensionskasse Pro?
The Tellco pk foundation board holds ultimate fiduciary responsibility for the PK Pro compartment. Day-to-day portfolio management for private equity sits with Roman Tschäni. Overall asset allocation and manager selection are governed by the foundation's investment regulations, consistent with Swiss BVV 2 occupational pension rules.
Is Pensionskasse Pro a standalone legal entity or part of a larger structure?
Pensionskasse Pro is a compartment within Tellco pk, a Sammelstiftung (collective foundation) based in Schwyz. This structure allows multiple pension plans to operate under one foundation board and administrative umbrella while keeping assets legally segregated. The fund's predecessor structures include Pensionskasse Profaro, which merged into the PK Pro compartment in 2015.
What is the fund's approach to direct real estate versus fund investments?
The fund holds direct Swiss real estate through the Tellco Investment Foundation Swiss Real Estate Portfolio, covering major urban centers including Zurich, Basel, Bern, Geneva, and Lausanne. For infrastructure, private equity, and private credit, it invests via external funds rather than direct co-investments, based on available disclosure.
Does Pensionskasse Pro have an explicit ESG or sustainability mandate?
Yes. The fund joined the Ethos Engagement Pool Switzerland in 2009, became a PRI signatory in 2020, and holds memberships in IIGCC and Climate Action 100+. These commitments embed voting engagement and climate-risk monitoring into the investment process, though specific exclusions or tilts are not publicly detailed.
How is Pensionskasse Pro regulated?
As a Swiss registered pension fund operating under the BVG/LPP framework, it is supervised by the relevant cantonal authority (Schwyz) and Oberaufsichtskommission Berufliche Vorsorge (OAK BV) at the federal level. The fund must comply with investment limits set out in BVV 2, covering maximum allocations to equities, real estate, alternatives, and foreign currency exposures.
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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