Danish pension PBU backs first close of new SE Asia-focused women’s fund

Danish pension PBU backs first close of new SE Asia-focused women’s fund

Photo: Bloomberg

Danish pension scheme Paedagogernes Pension (PBU) has become the cornerstone investor in the official launch and first close of the Southeast Asia-focused SEAF Women’s Economic Empowerment Fund (SWEEF), according to an announcement.

PBU, the occupational pension scheme for early childhood teachers and youth educators, said it committed 100 million Danish krone ($16.2 million) in SWEEF, which has a women-centered, Southeast Asia-focused investment strategy primarily in Vietnam, Indonesia, and the Philippines.

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