Första AP-fonden (AP1)

Overview

It is therefore AP4’s Board that adopts and signs AP1’s annual report for 2025, and information about AP1 is available here on AP4’s website.¹

Första AP-fonden (AP1)'s pension assets support retirement benefit obligations for plan participants.²

Estimated AUM: $56.5B as of Dec 31, 2025¹
Capital pool: national pension buffer fund²
Investment model: Not listed yet²
Investment approach: Within the framework of our corporate governance we work with matters such as board composition, capital structure, structuring of long-term remuneration programmes, diversity of human capital, companies’ work with sustainability issues and transparency in reporting.³
Spending support: Not listed yet
Spending policy: Not listed yet
Asset allocation: Public evidence references these asset classes or allocation areas: private equity, public markets.²
Performance: Not listed yet
Governance: Against the background of the consolidation of the AP Funds, the tasks that would otherwise have been carried out by the Board of AP1 are instead to be performed by the Board of AP4.¹
Investment team: Lovisa Runge, Portfolio Manager at AP4 Nomination committee work an important part of corporate governance activities A central part of AP4’s investment philosophy for Swedish equity management is to act long-term in our ownership role based on large ownership positions.⁴
Unfunded commitments: Not listed yet
Source freshness: Last verified Jul 21, 2026 · Needs review

Last verified Jul 21, 2026 from public career and organization materials.

Website (ap4.se)Parent organization overview, Estimated AUM, Governance, Investment office page · checked Jul 25, 2026
Website (ap4.se)Pool purpose, Capital pool, Investment model, Asset allocation · checked Jul 25, 2026
Website (ap4.se)Investment approach · checked Jul 25, 2026
Website (ap4.se)Investment team · checked Jul 25, 2026