AP3

What they do

AP3 is an investment manager mandated by the Swedish Parliament to contribute to the long-term stability of the national income pension system. It manages a substantial fund capital base and focuses on delivering sustainable returns for current and future pensioners. AP3 reports on its financial results and sustainability performance and emphasizes responsible, long-term capital management.

What they look for

AP3’s core mission is to generate the maximum possible benefit for the state pension system by delivering strong investment returns at a low level of risk over time. This mandate explicitly includes promoting sustainable development through responsible ownership and investment. In their private equity and venture capital allocations, AP3 looks for funds and managers that have demonstrated strong returns over an extended period. They heavily prioritize ESG integration, specifically seeking companies and funds that align with their goal of achieving a net-zero portfolio by 2045, robust science-based climate targets, gender-balanced boards, and strict adherence to human rights.

Stage

Series B+

Sectors

Climate, Healthcare, SaaS, Fintech

Based

Stockholm, SE