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PROMEA Familienausgleichskasse
PROMEA Familienausgleichskasse was established in 1955 to deliver retirement benefits to workers and employers connected to AM Suisse, formerly the Swiss Metal...
PROMEA Familienausgleichskasse
PROMEA Familienausgleichskasse was established in 1955 to deliver retirement benefits to workers and employers connected to AM Suisse, formerly the Swiss Metal Union. Ricardo Garcia serves as CEO of the broader Sozialversicherungen entity while Patric Spahr heads the Pensionskasse operations. The fund allocates across direct real estate, indirect real estate vehicles, private equity, and clean energy. Its Swiss direct real estate holdings include 15 properties focused on social housing with solar installations and EV charging. Confirmed positions include a seed investment in Capital Dynamics Clean Energy Solution and a limited partnership in Partners Group Secondary 2008. Geographic exposure centers on Switzerland and broader Europe. Assets total approximately $2B. The fund maintains additional offices through service relationships rather than branch locations. It participates in industry groups including IIGCC, PCAF, Klima-Allianz, and Swiss Sustainable Finance. In 2024 it sponsored the Global Banking & Finance Awards in London on the topic of sustainable pension funds in Switzerland. PROMEA operates with board representation from trade unions Unia and Syna alongside employer representatives from AM Suisse. This governance structure ties investment decisions directly to the metal sector associations that founded the plan.
General information
Firm type
Pension Fund
Year founded
1955
Location
Region
Europe
Country
Switzerland
City
Schlieren
Corporate office
Ifangstrasse 8, 8952 Schlieren, Switzerland
Principals
Ricardo Garcia
CEO of PROMEA Sozialversicherungen
Patric Spahr
Head of PROMEA Pensionskasse
Sector focus
Frequently asked questions
Who runs investment decisions at PROMEA Familienausgleichskasse?
Ricardo Garcia serves as CEO of PROMEA Sozialversicherungen. Patric Spahr heads the Pensionskasse and sits on the management board.
Does PROMEA participate in fund commitments or only direct deals?
The fund holds both direct real estate assets and limited partnership interests. Positions include Capital Dynamics Clean Energy Solution and Partners Group Secondary 2008.
What is PROMEA's known posture on co-investments alongside external GPs?
PROMEA acts as a limited partner in secondaries and infrastructure funds. It also makes direct real estate investments managed internally or with specialist advisors.
Where does the underlying wealth come from?
PROMEA serves as the pension plan for companies affiliated with AM Suisse and its 15 founding Swiss economic associations.
How does PROMEA source proprietary deal flow?
Deal flow arrives through its network of 15 Swiss economic associations and board members from Unia and Syna.
What investment stages does PROMEA typically target?
The fund targets buyout, distressed debt, mezzanine, and secondaries strategies within its 3% private equity allocation.
Does PROMEA maintain philanthropic structures, and how are they separated?
No separate philanthropic vehicles are disclosed. Sustainability efforts focus on the net-zero target for the real estate portfolio by 2040.
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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