# Svenska Röda Korset

Svenska Röda Korset is an Endowment / Foundation based in Stockholm, Sweden.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Stockholm, Sweden
- **Region:** Europe
- **Address:** Lindhagensgatan 126, Stockholm, Sweden
- **Founded:** 1865
- **Assets under management:** Undisclosed
- **Website:** rodakorset.se
- **LinkedIn:** https://se.linkedin.com/company/swedish-red-cross

## Regulatory record

- **Reports private funds:** No

## About

Founded in 1865, Svenska Röda Korset is the Swedish national society within the International Red Cross and Red Crescent Movement, operating under a humanitarian mandate that predates most modern institutional allocators. Anna Hägg-Sjöquist has chaired the Governing Board since 2021, with Ulrika Modéer joining as Secretary General in August 2024 to run day-to-day operations. Its endowment is not publicly reported, and the organization does not disclose an official AUM; Altss research estimates portfolio assets at approximately $143M based on a mix of real estate holdings and a securities portfolio domiciled in Stockholm. The organization's portfolio splits across a buyout-oriented strategy and a network of directly owned commercial and mixed-use properties. Its real estate holdings include the headquarters at Lindhagensgatan 126 in Stockholm, and separate buildings in Malmö, Södertälje, Halmstad, and the Bredäng district of Stockholm. The second-hand retail network, Mötesplats Kupan, operates across multiple Swedish locations and provides a source of unrestricted income. The foundation also maintains a securities portfolio in Stockholm, giving it liquid exposure alongside its physical assets. The geographic footprint is entirely domestic Swedish real estate, with no evidence of direct international co-investments or fund commitments. Svenska Röda Korset relies on a network of strategic partnerships to scale its humanitarian work rather than expanding the investment team. Major donors and partners include the Swedish Postcode Lottery (Svenska Postkodlotteriet), ICA Gruppen for civil-preparedness collaborations, and the H&M Foundation for emergency relief and sustainability projects. The organization is a member of the Swedish National Advisory Board for Impact Investing, signaling active participation in the Swedish impact-investing ecosystem despite the modest portfolio size. In August 2024, Modéer assumed the Secretary General role, succeeding a predecessor and inheriting both the endowment and the organization's extensive social-welfare operations. What distinguishes this allocator from a typical foundation is the degree to which its portfolio of commercial real estate directly serves its charitable mission — its buildings function as emergency coordination hubs and community meeting spaces, not just balance-sheet assets. The endowment model here is not one of a large, diversified pool of financial assets managed by an internal investment office. Instead, it is a collection of owned real estate scattered across Sweden and a smaller securities allocation, overseen by a governing board rather than a dedicated CIO or investment committee. The capital is structural, embedded in the physical infrastructure of the organization's relief work.

## Sectors

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

## Offices

- Malmö, Sweden
- Södertälje, Sweden
- Halmstad, Sweden

## People

- Anna Hägg-Sjöquist — National President (Chair of the Governing Board)
- Ulrika Modéer — Secretary General

## Questions

### Who runs investment decisions at Svenska Röda Korset?

The Governing Board, chaired by National President Anna Hägg-Sjöquist, oversees the endowment. There is no named internal CIO or separate investment committee; governance for the securities portfolio and real estate holdings sits with the board, with day-to-day operational leadership from Secretary General Ulrika Modéer (appointed August 2024).

### What real estate assets does the organization own?

The Swedish Red Cross directly owns commercial and mixed-use properties in Stockholm (Lindhagensgatan headquarters and a building in Bredäng), Malmö, Södertälje, and Halmstad. The second-hand retail network, Mötesplats Kupan, operates across multiple Swedish locations, though it is unclear whether all storefronts are owned or leased.

## Related profiles

- [Greencore Group Pension Fund](https://altss.com/profile/greencore-group-pension-fund)
- [AGRA](https://altss.com/profile/agra)

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Last updated: 2026-07-06T00:38:44.170Z

Canonical page: https://altss.com/profile/svenska-r-da-korset

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