Strengthened alternative investment commitment to the European market

Storebrand Asset Management is proud to announce that the membership request for Storebrand Alternative Investments S.A. SICAV-RAIF has been approved by ALFI Board of Directors.

- By adding alternatives to our ALFI membership we once again show our commitment to international clients with interest in sustainable investment strategies. As of today, only forty percent of the global $14tn in alternatives industry AUM is managed by ESG-committed firms[1]. A number we wish to contribute to increasing by providing cutting edge alternative solutions to the European market, says Jan Erik Saugestad, CEO Storebrand Asset Management.

The decision to accept Storebrand Alternative Investments S.A. SICAV-RAIF as a member was adopted at the ALFI board meeting on December 3, 2020.

Alternative Investments S.A. SICAV-RAIF was constituted on November 17, 2019 and will consist of three alternative strategies; Private Equity, Nordic Real Estate and Infrastructure.

The Storebrand SICAV was accepted as a member earlier this year attheALFI board meeting on June 25, 2020.

Storebrand Asset Management is one of the largest asset managers in the Nordics with approximately EUR 84bn in AUM, offering both active and passively managed UCITS funds as well as alternative strategies such as Private Equity, Real Estate and Infrastructure.

[1] PREQIN IMPACT REPORT: THE RISE OF ESG IN ALTERNATIVE ASSET Nov. 2020