Since the end of 2023, Danske Bank Asset Management has been managing a bespoke portfolio of alternative investments for Danish Industry (Dansk Industri), and the investment limit has now been raised from about DKK 800 million to almost DKK 1.7 billion.
The new agreement is a natural extension of several years of a fruitful partnership. Steffen Egebjerg, Danish Industry Deputy Director, says:
“Our long-term horizon makes alternative investments a natural choice for us. In recent years, Danske Bank Asset Management has assembled a broad portfolio of private equity, private credit, and infrastructure investments, which has so far delivered attractive returns on the capital invested. Combined with the upcoming first successful exit from the portfolio, it was an obvious decision to expand the cooperation.”
We are very pleased with the trust that Danish Industry is showing us with the new agreement. It is a strong signal that we create value for our clients. Casper Bruyant Bonde, Head of Illiquid Alternatives.
Supporting the long-term value creation
Danish Industry’s portfolio of alternative investments is managed by Danske Bank Asset Management’s large team for illiquid alternative investments and is a discretionary solution tailored to the wishes and needs of Danish Industry.
“We are very pleased with the trust that Danish Industry is showing us with the new agreement. It is a strong signal that we create value for our clients,” says Casper Bruyant Bonde, Head of Illiquid Alternatives, Danske Bank Asset Management.
The new agreement is the result of a thorough process, which has also involved risk analysts from Danske Bank Asset Management’s Risk Modelling & Advisory team. In the ongoing dialogue with Danish Industry, the team’s sophisticated risk models have contributed to illustrating what alternative investments mean to the robustness and the expected risk-adjusted return of Danish Industry’s total investment portfolio.
“At the end of the day, it is a question of supporting the long-term value creation for our clients in the best possible way, and in this respect, solid risk calculations are a valuable tool for making the right investment decisions,” says Christian Vestergaard Paulsen, Head of Portfolio Risk Advisory, which includes the Risk Modelling & Advisory team.
New milestone in strategic focus area
The new agreement signed with Danish Industry is yet another milestone in our strategic focus on alternative investments in Danske Bank Asset Management. Alternative investments are an important element in our ambitious growth strategy, and recent years have seen a significant increase in our total assets under management (AUM) in respect of alternative investments.
“In recent years, we have systematically strengthened our organisation regarding illiquid alternative investments, and we now have quite a unique set of skills in the area and benefit from an extensive international network that continues to offer us access to interesting investment opportunities,” says Casper Bruyant Bonde.
Photo: Christian Lindgren/Ritzau Scanpix.
Please note that investing always involves a risk and that you risk losing the amount invested. This material does not constitute a recommendation for investment. Always consult with your professional advisers about the legal, tax, financial and other aspects that may be relevant when assessing the suitability or appropriateness of an investment.
