Pension Lens
Swiss pension funds · 2025 annual reports

Know which Swiss pension funds have room for private markets.

Pension Lens reads the annual reports of the largest Swiss pension funds and turns them into one view of allocations, targets, managers and commitments. Built for private markets managers and the people who raise capital for them.

Pension funds covered105Swiss schemes with a public report
Assets covered805bn CHFas of 31 December 2025
Open private markets allocation10.8bn CHFbelow published strategic targets
Funds with named managers63plus 48 with open commitments
Product

Everything a fundraiser looks for in an annual report, in one place.

Swiss pension funds publish detailed reports, but in German or French, in different structures and often with the useful details hidden in the notes. Pension Lens extracts them, normalises the categories and links every figure to its source.

Asset allocation, actual vs. target

Every fund's allocation broken down into bonds, equities, real estate, private markets and alternatives, next to its published strategic targets.

Open private markets allocation

The gap between today's private equity, infrastructure and private debt exposure and the strategic target, converted into CHF.

Managers, funds and commitments

Named managers, fund vehicles, mandates and open capital commitments, wherever the annual report discloses them.

Unlisted Swiss investments

Which funds actually use the 5 % BVV 2 category for unlisted Swiss companies, and who invests in Swiss venture indirectly.

Performance and funding

2025 returns against benchmark, five-year history, funding ratio, interest credited, technical rate and cost ratio.

Signals for fundraisers

Strategy changes, new mandates and announced plans for 2026, each traced back to the page of the annual report.

How it looks

From the full market down to a single fund.

Sort and filter all funds by assets, funding ratio, return or open allocation. Open a fund to see its private markets exposure against target, then go deeper into managers, commitments and plans.

Who it is for

Made for the people raising and allocating private capital.

Private markets managers

Find the Swiss schemes that are below target in your asset class and see which managers they already work with.

Placement agents and fundraisers

Prioritise outreach with open allocations in CHF, recent commitments and the plans funds announce for next year.

Asset managers and consultants

Benchmark allocations, returns and funding ratios across public, corporate and collective schemes.

Methodology

Primary sources only, with every gap made visible.

01

Annual reports

Figures come from each fund's 2025 annual report and financial statements, published by the fund itself.

02

Normalised categories

Dozens of local asset class labels are mapped to one consistent structure, keeping the original detail.

03

Flagged uncertainty

Prior-year values, press figures and uncertain readings are marked, never mixed in silently.

04

Linked to source

Every fund page links to the report it was built from, with page references for the details.

See the full picture of Swiss pension fund allocations.

Create an account to explore, or contact us about access for your team.

Pension Lens