By Luigi Serenelli2021-04-28T15:10:00+01:00 Compenswiss, the public institution managing Switzerland’s first pillar social security funds AHV, IV and EO worth total assets of CHF38.56bn (€34.9bn), is considering investing in alternative asset classes as part of a periodic allocation review to improve returns, a spokesperson told IPE. The institution is reviewing the possibility of investing in private equity, private debt and infrastructure, with “[risk] tolerance limits in terms of liquidity and time horizon”, the spokesperson added. Compenswiss has for a long time invested in listed indirect real estate and for several years in private real estate, he said.