# Servisa Sammelstiftung

Servisa Sammelstiftung is a Pension Fund based in Basel, Switzerland.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Basel, Switzerland
- **Region:** Europe
- **Address:** Basel, Switzerland
- **Founded:** 1973
- **Assets under management:** CHF 1B–5B (Altss estimate)
- **Website:** servisa.ch

## Regulatory record

- **Reports private funds:** No

## About

Servisa Sammelstiftung launched in 1973, when Helvetia Schweizerische Lebensversicherungsgesellschaft established the foundation to serve Swiss employers seeking a flexible occupational-benefits platform. The Basel-based institution operates a hybrid defined-benefit and defined-contribution framework, offering cash-balance plans that blend guaranteed minimum returns with surplus participation. Governance sits with a Board of Trustees whose members include Stefan Kehrli, Claudio Artico, Christine Schmid, and Josef Nietlispach. The fund maintains a diversified, multi-asset portfolio anchored by direct holdings in Swiss mixed-use real estate and a mortgage portfolio, alongside global infrastructure and insurance-linked securities allocations. Rather than pursuing a high-octane equity tilt, Servisa emphasizes liability-matching through bond-like income streams and property assets — a posture consistent with Swiss cash-balance mandates. Confirmed asset classes include Swiss real estate, global infrastructure, mortgages, and ILS, with no single strategy dominating the composite. Servisa's scale places it in the mid-tier of Swiss Sammelstiftungen, with an estimated AUM in the CHF 1 billion to CHF 5 billion range. The institution participates in the Swiss Association of Pension Funds and maintains affiliated structures including the Servisa Group Foundation and Servisa Supra Sammelstiftung — vehicles that extend its multi-employer coverage architecture. While precise professional headcount is undisclosed, the operational model relies on Helvetia's insurance infrastructure for administration and risk management, a legacy of the 1973 founding relationship. What distinguishes Servisa structurally is its insurance-company parentage — Helvetia's sponsorship embeds actuarial discipline and ILS access into a Sammelstiftung framework that otherwise resembles a standalone pension cooperative. This hybrid governance creates a risk-management overlay less common in pure independent foundations, with the cash-balance design itself serving as a structural differentiator in a market dominated by fully insured or pure DC alternatives.

## Sectors

- Real Estate
- Infrastructure
- Private Credit
- Secondaries & Special Situations

## People

- Stefan Kehrli — Member of the Board of Trustees
- Claudio Artico — Member of the Board of Trustees
- Christine Schmid — Member of the Board of Trustees
- Josef Nietlispach — Member of the Board of Trustees

## Questions

### Who runs investment decisions at Servisa Sammelstiftung?

Investment governance rests with the Board of Trustees, whose members include Stefan Kehrli, Claudio Artico, Christine Schmid, and Josef Nietlispach. Day-to-day asset management is handled through Helvetia's insurance platform, a legacy of the 1973 founding relationship. Specific internal investment-staff names are not publicly disclosed.

### How is Servisa structured — is it a single-employer or multi-employer pension fund?

Servisa operates as a Sammelstiftung, the Swiss legal form for a multi-employer foundation. It pools assets from multiple unaffiliated small and midsize employers into a single occupational-benefits vehicle, with each employer maintaining a segregated account within the hybrid DB-DC cash-balance framework.

### What is Servisa's relationship to Helvetia insurance?

Helvetia Schweizerische Lebensversicherungsgesellschaft founded Servisa in 1973 and remains the sponsoring insurance company. The foundation leverages Helvetia's actuarial, administrative, and risk-management infrastructure while operating as a legally distinct entity under Swiss pension law. This parentage gives Servisa embedded access to insurance-linked securities and annuity products less common among independent Sammelstiftungen.

### Does Servisa allocate to private markets, or is it primarily liquid?

Servisa maintains significant allocations to private and illiquid assets, including a direct Swiss mixed-use real estate portfolio, a mortgage book, and global infrastructure positions. Insurance-linked securities add a further alternative-credit dimension. These complement more traditional bond and equity exposures within the diversified multi-asset strategy.

### How is Servisa related to Servisa Group Foundation and Servisa Supra Sammelstiftung?

Servisa Sammelstiftung is part of a broader Servisa ecosystem that includes the Servisa Group Foundation and Servisa Supra Sammelstiftung. These affiliated vehicles extend multi-employer pension coverage across different employer segments and plan designs, all anchored by Helvetia's sponsorship and the Basel operational hub.

## Related profiles

- [Sempra Energy Consolidated](https://altss.com/profile/sempra-energy-consolidated)
- [Servisa Supra Sammelstiftung](https://altss.com/profile/servisa-supra-sammelstiftung)

---

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

Canonical page: https://altss.com/profile/servisa-sammelstiftung

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