Pension Fund

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Swiss Re Pension Fund

The Pension Fund Swiss Re traces its origins to a benevolent fund in the 19th century and was formally established as a foundation in 1919. It insures...

Swiss Re Pension Fund logo

Swiss Re Pension Fund

The Pension Fund Swiss Re traces its origins to a benevolent fund in the 19th century and was formally established as a foundation in 1919. It insures employees of Swiss Reinsurance Company Ltd and affiliated companies. Carina Kunz serves as managing director while Jan Heckler chairs the investment committee. The fund allocates across global equities, Swiss equities, direct real estate, private equity, infrastructure debt, insurance-linked securities and commodities. Direct real estate includes the Swiss Real Estate Portfolio of 41 properties valued at 786 million CHF and a separate portfolio of approximately 1,500 apartments. Confirmed holdings include Hinwilerstrasse 29–31 in Wetzikon acquired in 2017 and the Forchstrasse rental property in Zurich. Geographic exposure covers Switzerland and England through social housing investments plus global markets via unlisted real estate funds and infrastructure debt. The fund also maintains a position in the UBS AST2 EA – Kapital Plus 2019 single-investor fund. Total assets stand under internal Altss records at roughly 5 billion USD though no public figure is released. The team works with service providers including PPCmetrics as investment advisor, UBS as investment manager and BlackRock for settlements. Additional offices are not disclosed. In June 2025 the fund participated as speaker at the CFA Swiss Pensions Conference in Zurich on topics including infrastructure investing. The fund's structure is defined by its role as a captive occupational plan sponsored by Swiss Re, which creates a direct link between the sponsor's workforce and investment decisions. Governance includes board representation from Swiss Re executives and external specialists. This captive model shapes mandate boundaries and risk parameters differently from independent multi-employer plans.

General information

Firm type

Pension Fund

Year founded

1919

Location

Region

Europe

Country

Switzerland

City

Zurich

Corporate office

Mythenquai 50/60, 8002 Zurich, Switzerland

Principals

Carina Kunz

Head of Swiss Re Pension Fund

Altss tracks 2 additional named team members for this firm — including direct investment leads, IR, and operating principals not listed on the public website.

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Sector focus

Diversified

Frequently asked questions

Who runs investment decisions at Swiss Re Pension Fund?

Carina Kunz serves as head while Jan Heckler chairs the investment committee. Hermann Geiger acts as board chairman. Decisions follow the Swiss Re Group Responsible Investment Policy.

Does Swiss Re Pension Fund participate in fund commitments or only direct deals?

The fund holds both direct real estate assets and commitments to unlisted real estate funds, private equity vehicles and infrastructure debt funds. It also maintains a single-investor fund with UBS.

What investment stages does Swiss Re Pension Fund typically target?

The fund targets mature private equity buyout strategies and existing real estate assets rather than early-stage venture. It also allocates to income-producing infrastructure debt and insurance-linked securities.

Where does the underlying wealth come from?

The fund receives contributions from Swiss Re and affiliated employers plus employee contributions under Switzerland's mandatory second-pillar occupational pension system.

How is Swiss Re Pension Fund related to Swiss Reinsurance Company Ltd?

Swiss Reinsurance Company Ltd is the founding sponsor and ongoing employer whose employees the fund covers. The pension fund operates as a separate legal foundation under Swiss law.

Does Swiss Re Pension Fund maintain philanthropic structures?

The Swiss Re Foundation operates as the group's separate philanthropic arm focused on disaster risk and sustainable agriculture. The pension fund itself has no disclosed grant-making activity.

What is Swiss Re Pension Fund's known posture on co-investments alongside external GPs?

The fund invests in private equity through fund commitments and holds direct real estate assets. No specific co-investment program with external managers is disclosed in available records.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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