Ilmarinen Mutual Pension Insurance Company

What they do

Ilmarinen is a mutual pension insurance company owned by its customers, responsible for the pension cover of over 1.1 million people in Finland. As a massive institutional investor, it deploys capital globally to secure future pension payments. While primarily an LP in funds, it also makes major direct investments in real estate and growth equity for Finnish companies. The firm is known for its ambitious climate goals, targeting a carbon-neutral portfolio by 2035.

What they look for

Ilmarinen’s primary mandate is to invest pension assets "profitably, securely, and responsibly" to ensure the solvency of the Finnish pension system. Their strategy relies on broad diversification across asset classes and geographies to manage risk while seeking long-term returns.

Stage

Series B+

Sectors

Deeptech, Mobility and logistics, SaaS

Based

Helsinki, FI