By Rachel Fixsen2021-01-15T13:12:00+00:00
Pædagogernes Pension is becoming the cornerstone investor in the new southeast Asia-orientated fund SEAF Women’s Economic Empowerment Fund (SWEEF) investing DKK100m (€13.5m) with the global impact private equity manager.
The DKK79bn (€10.6bn) pension fund for early-childhood teachers said the fund focussed on improving women’s rights and working conditions through investments in Vietnam, the Philippines and Indonesia, in high-growth sectors with a large proportion of female labour.
Sune Schackenfeldt, chief executive officer of PBU, said: “With investments that have a special focus on women’s conditions, we are strengthening their employment, earnings and opportunities for social and economic advancement.”
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