# Skandia

Skandia is a Pension Fund based in Bogota, Colombia.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Bogota, Colombia
- **Region:** Europe
- **Founded:** 1855
- **Assets under management:** 4900 (Altss estimate)
- **Website:** skandia.se
- **LinkedIn:** https://www.linkedin.com/company/skandia-colombia

## Regulatory record

- **Reports private funds:** No

## About

Skandia began as an insurance company in 1855 and expanded into banking and asset management focused on long-term savings. Its operations center on Sweden with additional presence in Mexico and Colombia. The firm holds a mixed-use real estate portfolio of 132 properties valued near 6 billion USD, including offices, malls and social infrastructure such as Skandionkliniken in Uppsala. It also owns stakes in three Swedish wind farms through a Vattenfall joint venture and maintains a 2.6 billion USD green bond allocation. Geographic reach covers Sweden and select Latin American markets. Skandia employs 2500 professionals. It operates the Ideas for Life foundation established in 1987 that has funded over 4600 projects. In 2021 the firm sponsored COP26 and spoke at the Infrastructure Investor Global Summit on energy transition. Ownership structure includes CMIG International as principal shareholder of the Latam operations, creating a hybrid Nordic-Latam governance model distinct from pure domestic insurers.

## Sectors

- Real Estate
- Renewable Energy
- Insurance

## People

- Frans Lindelöw — Group CEO and President
- Per Nordlander — Chairman of the Board
- Julio Méndez — CEO of Skandia Mexico

## Questions

### Who runs investment decisions at Skandia?

Frans Lindelöw serves as Group CEO and President. Per Nordlander chairs the board.

### Does Skandia participate in fund commitments or only direct deals?

Skandia executes direct real estate acquisitions and joint venture wind projects alongside green bond purchases.

### What asset classes does Skandia hold?

Holdings include commercial real estate, renewable energy operating assets and public equities such as Investor B and Volvo B.

### Where does Skandia maintain its primary real estate exposure?

The portfolio concentrates in Stockholm, Gothenburg and Malmö with assets such as Mörby Centrum and Frölunda Torg.

### How is Skandia related to its Latam operations?

CMIG International acts as principal shareholder of Skandia Latam covering Mexico and Colombia.

## Related profiles

- [NUS Endowment Fund](https://altss.com/profile/nus-endowment-fund)
- [Fisher Lynch Capital](https://altss.com/profile/fisher-lynch-capital)

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

Canonical page: https://altss.com/profile/skandia

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