Three Swiss Funds invest in La Caisse’s Private Infrastructure

The Geneva-based InPact Partners has announced the expansion of the co-investment partnership in private infrastructure between La Caisse (formerly known as CDPQ) and the Swiss Institutional Consortium.

The partnership now includes three additional pension funds – IPCT (The Pension Fund of the State of Ticino), PKZH (The Pension Fund of the City of Zurich) and FISP (Fondation Interprofessionnelle Sanitaire de Prévoyance) – bringing its total aggregated commitments to approximately $700 million, Inpact Partners said.

This milestone reflects the growing momentum behind the Swiss Institutional Consortium, which now represents a broader coalition of pension and insurance schemes committed to long-term, sustainable infrastructure investment.

The Consortium continues to participate indirectly in high-quality infrastructure assets alongside La Caisse, leveraging its global expertise and reach as one of the world’s leading institutional investors in infrastructure.

To date, three investments have been successfully closed alongside La Caisse in the areas of transportation, data centres and renewable energy, underscoring the strategic alignment and operational efficiency of the partnership.

Inpact Partners CEO Antoine Prudent said that they were witnessing a remarkable interest from pension funds across Switzerland for this co-investment partnership with La Caisse and this expansion demonstrates the strength of this collaborative model and the appeal of investing alongside one of the most respected infrastructure investors globally.

The partnership continues to offer Swiss pension funds access to large-scale infrastructure transactions that deliver inflation protection, stable cash flows and positive environmental and social impact.

So far, the partnership has completed three investments with La Caisse in the areas of transportation, data centres and renewable energy.

InPact Partners, which opened a new office in Zurich in March this year, is a platform facilitating investments in private equity, private debt, real estate and infrastructure. It operates in both Switzerland and France, with $2 trillion in aggregated assets.

Pension Funds and private Markets

Meanwhile, a report on SLI pension benchmarking study published by WTW Switzerland, said that pension funds of companies listed on the Swiss Market Index (SMI) and the Swiss Leader Index (SLI) are increasingly turning to private markets to boost returns, while restructuring bond and equity portfolios.

A large number of pension funds linked to SMI and SLI firms are already investing the maximum 15% in alternatives permitted by regulation, according to the SLI pension benchmarking study published by WTW Switzerland.

The study said that as the Swiss population continues to age, pension benefits are becoming an increasingly important topic for both individuals and the foundations that provide these benefits.

It is important for them and the company sponsors to regularly benchmark their benefits against industry standards and best practices to stay competitive, the study said.

One of the key issues that pension plans must contend with is to find the right balance between attractiveness, competitiveness and equity while ensuring effective governance of costs and risks. Indeed, a well-designed benefit package strengthens a company’s strategy by retaining employees and attracting top talent, the study said.