Folksam and Aberdeen to Launch New EUR 300M Fund
The Folksam Group, one of the largest insurance companies in Sweden, and Aberdeen Standard Investments has announced the launch and first close of AIPP Folksam Europe II, a real estate fund of funds open only for investors from the Folksam Group.
Folksam is a longstanding client of Aberdeen Standard Investments’ Real Estate Multi-Manager business. The launch of AIPP Folksam Europe II represents an extension of the long term relationship between the two parties.
“We will continue to source attractive opportunities with a low risk profile. Once fully invested, the portfolio will be well diversified across European markets, sectors, managers and strategies,” says Lars Graneld, Senior Investment Specialist, Real Estate.
“We have been very pleased working with Aberdeen Standard Investments for more than a decade and we expect their prudent and well proven investment process to continue to deliver stable returns,” says Michael Kjeller, CIO for the Folksam Group.
Maria Olsson Äärlaht