SEB Investment Management, which manages 2nd and 3rd pillar pension savings, will invest more than 30 million euros in the new SG Capital Partners Sustainable Forest and Land Fund, which will invest this funding into the development of sustainable forestry in Latvia. The fund commenced operations on 23 March 2022.

“Investments in the new fund will provide our 2nd and 3rd pillar pension clients with the opportunity to invest not only sustainably, but also in the local economy. Sustainable investing has long since moved from a niche activity to a very significant part of the financial market, and it is expected that the volume of this type of investment will continue to increase in the future. Consequently, investments in the new fund will give SEB pension plan participants the opportunity to grow their pension capital in the long term while simultaneously investing purposefully directly in the development of forestry in Latvia,” explains SEB Investment Management Chairman of the Board Jānis Rozenfelds.