Siemens Pensionskasse

Siemens Pensionskasse

Siemens Pensionskasse was established in 1921 to deliver occupational pensions to staff of Siemens AG and Siemens Schweiz AG in Switzerland. It serves more than 10,000 insured individuals and operates as a private-sector pension institution under Swiss regulation. The fund deploys capital across public equities, private equity, real estate, infrastructure, and private debt. Its real estate holdings comprise 39 mixed-use properties with 1,679 apartments and 14,000 square meters of commercial space in Zurich and Zug. Infrastructure exposure includes commitments to Aquila Capital European Balanced Renewables Fund, Luxcara FLAVEO IV Green Energy, and Partners Group Global Infrastructure V, all focused on European renewable projects. Private debt is held through fund structures for liquidity and diversification. Geographic reach centers on Switzerland and broader Europe. Eleven professionals manage the portfolio from the Zurich headquarters. The fund belongs to ASIP, the Swiss Pension Fund Association. In September 2023 it participated as a speaker at the IPE Real Assets Conference, presenting on infrastructure strategies and renewable energy allocations. Several residential properties in Dietikon, Fahrweid, Greifensee, and Horw were sold during the 2023/2024 fiscal year. The fund maintains a formal separation from its sponsoring employer Siemens AG while receiving ongoing contributions tied to active Siemens employees in Switzerland. Governance follows Swiss pension statutes with independent actuarial and audit oversight from c-alm AG and Ernst & Young AG.