Name: Finnish Broadcasting Corporation Pension Fund
Headquarters: Helsinki, Finland
AUM: €920 million
Current allocation to private equity: 16%
Finnish Broadcasting Corporation Pension Fund (YLE Pension fund) is under allocated to private equity by 4 percent or €36.8 million. The pension fund’s target allocation is 20 percent and is targeting buyouts and secondaries strategies in North America and Europe, a spokesperson from the pension confirmed to affiliate title Private Equity International.
Founded in 1926, Finnish Broadcasting Corporation is a media company based in Finland, which administers the pension benefits for YLE employees and is involved in content creation for Finnish television and radio.
The Finnish based pension fund has a bite-size range of $5 million to $20 million; the LP also backs first time funds.
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