Institutional Investment Partners Denmark
Alternative investment platform for institutional investors
About us
Institutional Investment Partners Denmark (“IIP”) is an alternative investment platform for institutional investors investing in private funds.
Originally established as PKA AIP in 2012, IIP was formally set up as a regulated manager of alternative investment funds in 2019 and is dedicated to advising institutional investors on private fund investments and co-investments within private equity and infrastructure funds globally. IIP manages USD 10 billion on behalf of its institutional investors and the target for the coming years is to commit approximately USD 1 billion per year.
IIP currently invests on behalf of the four Danish pensions funds administered by PKA A/S, that collectively have more than USD 45 billion assets under management and approximately 320,000 members including nurses, medical secretaries, social pedagogues, and pharmacologists.
The Manager is licensed as a manager of alternative investment funds by the Danish Financial Supervisory Authority (FT-no. 23187) under the Danish Act on Alternative Investment Fund Managers.
| The State Registered Nurses and Medical Secretaries Pension Fund | The Healthcare Professionals Pension Fund | The Social Workers, Social Pedagogues and Office Staff Pension Fund | The Pharmaconomists Pension fund |
Strategy
How we invest
IIP invests out of three-year funds on behalf of its institutional clients. Currently, IIP invests out of two active funds: PKA Private Funds IV and PKA Venture I.
PKA Private Funds IV is a DKK 22 billion (USD ~3.5 billion) buyout fund to be deployed from 2020-2023. The fund includes allocations to both primary fund commitments and co-investments. The fund will be invested with commitment sizes typically in the range of USD 50-150 million for fund commitments and USD 15-60 million for co-investments. The majority of the portfolio will be comprised of private equity commitments, with a minority reserved for infrastructure commitments.
PKA Venture I is a DKK 2 billion (USD ~300 million) venture fund to be deployed from 2019-2021. The fund includes allocations to both venture funds as well as growth funds and venture fund of funds. The fund will be invested with commitment sizes typically in the range of USD 5-25 million.
What we look for
On the buyout side, we look for control-focused managers investing into the middle market with operational and strategic value creation models. We only co-invest with managers that are already in our portfolio.
On the venture side, we primarily look for US and European early stage managers focused on investing in technology and life science.
Team
IIP has a large team that is dedicated to carrying out and monitoring private fund commitments.
The team consists of 24 professionals split across investments, finance and support. The investment team has complementary experience from institutional investing, private equity, corporate finance as well as consulting
INVESTMENTS
Anette Eberhard
Managing Partner
ae@iip.dk
Brian B. Schwartz
Senior Partner
bbs@iip.dk
Rune Ulbak
Partner
ru@iip.dk
Mads Harvits
Partner
mh@iip.dk
Sebastian Poulsen
Senior Investment Manager
sp@iip.dk
Isabella Uhre Brink
Investment Manager
iub@iip.dk
Thomas Duch Nielsen
Investment Manager
tdn@iip.dk
Jakob Karstensen
Senior Associate
jk@iip.dk
Philip Sjøqvist
Senior Associate
ps@iip.dk
Pernille B. Callesen
Associate
pbc@iip.dk
Jakob F. Osmundsen
Senior Analyst
jfo@iip.dk
Carl Philip S. Carstensen
Analyst
cpc@iip.dk
Rebekka Madsen
Analyst
rm@iip.dk
FINANCE, COMPLIANCE, AND SUPPORT
Jeanette Engdal
Partner & CFO
je@iip.dk
Anders Ilsøe Jakobsen
Senior Finance Manager
aij@iip.dk
Kim Vistar
Finance Manager
kv@iip.dk
Louise Mogensen
Financial Accountant
lm@iip.dk
Julie Iversen
Financial Accountant
ji@iip.dk
Stinus Nielsen
Risk Manager
sn@iip.dk
Abdul Rahman Ashraf
Valuation Manager
ara@iip.dk
Frederik G. Kristiansen
Analyst
fgk@iip.dk
Helle Byrgiel Lyngdal
Compliance Manager
hbl@iip.dk
Marianne Olsen
EA/Office Manager
mo@iip.dk
ESG
IIP wants to make a difference. Not only to our investors but also to our planet and society. Therefore, we have a strong focus on our guidelines for responsible investing within our strategy. Our pursuit of responsible investments also stems from our belief that companies that act responsibly in the long run are expected to achieve better and more stable returns to their shareholders.
Our approach to working with responsible investment is based on the UN principles for responsible investment. Given that we only perform investments through funds, we obtain compliance with our guidelines through collaborative partnerships with fund managers and we strive to integrate our guidelines in the best possible way in each individual investment we commit to.
Guidelines
Our guidelines can be divided into two categories:
1. Broad adherence to conventions, including:
- The Universal Declaration of Human Rights
- The International Labour Organization’s (ILO) Declaration on Fundamental Principles and Rights at Work
- The Rio Declaration on Environment and Development
- The United Nations Convention against Corruption
2. Specific bans on investments in:
- Unconventional weapons
- Tobacco
- Coal companies
Contact
To propose fund or co-investment opportunities please write to info@iip.dk
Address
Institutional Investment Partners Denmark P/S
Nørre Voldgade 92
1358 Copenhagen
Denmark
CVR: 40101799