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Sweden’s Top Pension Gatekeeper Wants to Keep Private Credit Out

Sweden’s Top Pension Gatekeeper Wants to Keep Private Credit Out
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Private Markets Sweden’s Top Pension Gatekeeper Wants to Keep Private Credit Out The top official deciding how Swedes invest much of their pension savings said he’s against offering them access to private markets funds. “I don’t see that — that’s long into the future, if that’s possible at all,” Erik Fransson, who runs the Swedish Fund Selection Agency, said in an interview when asked if the country’s premium pension system could be opened to the asset class, which includes private credit.

Private Markets Sweden’s Top Pension Gatekeeper Wants to Keep Private Credit Out The top official deciding how Swedes invest much of their pension savings said he’s against offering them access to private markets funds. “I don’t see that — that’s long into the future, if that’s possible at all,” Erik Fransson, who runs the Swedish Fund Selection Agency, said in an interview when asked if the country’s premium pension system could be opened to the asset class, which includes private credit. “Private market structures with daily liquidity are usually a recipe for difficulties,” he said.
Sweden (LOCATION) Swedes (ORG) Erik Fransson (PERSON) the Swedish Fund Selection Agency (ORG)
Originally published by Bloomberg Markets Read original →