PRINT THIS PAGE Swedish AP1 seeks strategic partners for private equity28/09/2004. Source: AltAssets. 
 Forsta AP-fonden, the First Swedish National Pension Fund, is seeking 'strategic partners' for around $400m in private equity. AP1 is looking to appoint one or more partners to provide advice on three mandates covering global investments, the US and Europe.
'AP1 is seeking to establish its private equity investment exposure with the assistance of strategic partners,' the pension fund explained. 'The aggregate commitment of the three mandates is expected to be in the range of $400m for the first year.'
The private equity mandates to be considered are separate accounts on a discretionary basis, but with AP1 having the ability to veto. Each mandate is expected to be in the range of $100m to $200m for the first year.
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