Saab Pensionsstiftelse

Stefan Hillberg serves as Pension Fund Manager and board member of the fund's property investment vehicle, Kallebäck Property Invest AB. Andreas Hedemyr, Head of Treasury & Accounting Services at Saab AB, represents the foundation's interests on the nomination committee of Intea Fastigheter AB, a portfolio holding. The foundation operates with a lean in-house team, typical of Swedish corporate pension vehicles that combine direct asset ownership with external advisory relationships.

Saab Pensionsstiftelse co-invests alongside a tight circle of Swedish industrial pension peers — Volvo Pensionsstiftelse and Svenska Handelsbanken Pensionsstiftelse are documented co-owners in the Intea Fastigheter portfolio. This peer-network model gives the fund direct access to Swedish property deals without relying solely on third-party fund managers, creating a collaborative sourcing channel among institutions with similarly long-dated liability profiles.

Saab Pensionsstiftelse is organized as a Swedish corporate pension foundation — a separate legal structure that ring-fences retirement assets from the sponsoring employer. Saab AB funds the vehicle to meet its pension obligations, but the foundation operates with its own board and investment discretion under Swedish regulatory oversight, insulating plan assets from the employer's corporate balance sheet.

Through Investor AB, the Wallenberg family is the largest shareholder of Saab AB, the sponsoring employer. Saab Pensionsstiftelse itself is not directly controlled by Investor AB or the Wallenberg foundations; it manages Saab AB's Swedish employee pension obligations independently. The relationship is corporate-structure adjacency, not operational control over the pension pool.

The visible portfolio indicates a hybrid structure: direct co-investment in Swedish property via vehicles like Kallebäck Property Invest AB and Intea Fastigheter AB, paired with liquid allocations to green bonds. The fund's UN Race to Zero commitment and UN Global Compact participation point to a fixed-income allocation strategy that excludes pure index replication in favor of sustainability-linked instruments.

Saab Pensionsstiftelse has committed to reducing its investment portfolio greenhouse gas emissions to net zero by 2050 as part of the UN Race to Zero campaign. The fund allocates dedicated capital to green bonds within the fixed-income portfolio and manages all assets under UN Global Compact principles on human rights and environmental sustainability, reflecting a liability-aware ESG integration approach.

Documented co-investors include Volvo Pensionsstiftelse and Svenska Handelsbanken Pensionsstiftelse, both of which hold stakes in the Intea Fastigheter AB portfolio alongside Saab Pensionsstiftelse. This cluster of industrial and financial corporate pension foundations represents a recurring investment syndicate pattern in Swedish direct property.