How is it to work at the Second AP Fund? Meet some of our coworkers giving you a glimpse of their everyday work at the Fund.
I am responsible for a globally diversified portfolio of private equity funds. The job comprises working with the portfolio's strategy development, following up investments, generating and evaluating new investment proposals, and conducting detailed pre-investment analyses. This involves meeting the people and organisations we invest in, which means quite a lot of overseas travel, mainly to Asia, USA and Europe. Our approach is to establish a good relationship before we make an investment, in order to provide a thorough understanding of the manager. Furthermore, it's important to establish and maintain relationships from a global perspective in order to stay on top of private equity market trends and dynamics, and to participate in global networks such as ILPA (Institutional Limited Partners Association) and the UNPRI.
The portfolio has a broad mandate that involves a lot of international contacts and AP2's reputation helps us to meet the most prominent management organisations. While I have the opportunity to work with an exciting asset class, it's extremely rewarding and fulfilling to work with and learn from dedicated, knowledgeable and creative people. To be in this constantly challenging position is both fun and demanding. I started working at AP2 when the Fund was established in 2001 and I've held various positions since then. What's really valuable is to be given the opportunity to grow and to work with brilliant colleagues.
I have a husband and two children who are very dear to me. We enjoy sailing, something which has evolved from a fun activity into a way of relaxing and socialising. It's really wonderful now, as even the youngest "sailors" have begun to help and be involved. I try to find time to keep fit, which is not always easy, but I realise more and more that feeling good and healthy must be part of everyday life. I mainly do running which is also easy when travelling. I recently completed the Berlin Marathon which I'm very proud of. Otherwise, skiing in winter and spending time with friends are priorities. My new challenge in swimming is to learn to front crawl and to grasp the breathing technique.
It's a nice place to work and there's a good atmosphere, plus one's given the opportunity to develop as an individual. One of AP2's core values is continuous improvement, which provides a stimulating environment to work in. It's also important to get the right balance between the job and personal life, which I think AP2 provides the right conditions for.
I work within the Fund's quantitative management and I model stock returns from a mathematical perspective. This department consists of managers who work on constructing a return model based on purchased data, which is then used to create a portfolio of global holdings. The portfolio is evaluated against the MSCI World Index.
My work with maths and research is fun and interesting, where I am constantly updated on the latest findings. To be on the "cutting edge", to attend conferences and listen to the latest research on the topic is inspiring. In addition, as we have a mission to manage Sweden's pensioners' money in the best possible way, it's exciting as it relates to the monetary well-being of a lot of people!
A few years ago, I lived with a family in Denmark where I was a professional handball player. I was also a member of the Swedish handball team. But now we have moved back to Sweden and most of my spare time is spent socialising with the family and playing football with my two sons, aged six and eight.
From my perspective, the Second AP Fund is a very good place to work. I get to access and work with the latest research in the field of finance. I appreciate the fact that the Fund invests in its employees with additional training, and you get to go to conferences, to purchase books and research material. Additionally (or perhaps because of it), there are many highly talented people making everyday life very inspiring.
I work as a receptionist at the Second AP Fund and I meet many people every day. The reception is responsible for the switchboard and administrative work such as travel reservations, purchasing materials, billing and diary management.
The best thing about the job is that I get to meet so many nice people every day, both employees and visitors. There is a lot of variety in the work, with a good balance of service and administrative work. I also believe that all employees should be visible and that we should have freedom regarding responsibility.
We recently bought a holiday home where we like to spend our free time. Also, I like to work in the garden, to take long walks and to spend time with the family.
At the Second AP Fund, it seems that everyone has a feeling of great value. The Fund invests in its staff and considers it important that we feel happy.
I work as an intern in AP2's department for external management, the department which invests in external funds. My work has a strong focus on AP2's investments in private equity and venture capital funds. In practice, I get to do everything from helping to maintain contacts with investment management companies to summarising investment proposals and analysing private equity funds.
As a student interested in finance, the best part of the job is having the opportunity to work in an area I'm actually studying! It's a very stimulating environment where you get the opportunity to participate in, and learn from, an established investment company. The absolute best thing about the job is the amount of responsibility you're given and getting to do things you didn't think you could, or at least until you were much more experienced. For example, to be present at meetings with well-known private equity managers who've flown in from London and New York and to get an idea of how they invest and operate their funds. There aren't many intern jobs for students that provide that kind of opportunity.
In addition to my work at AP2 and being a student at the Stockholm School of Economics, I'm into fitness and running, and also spending time with my girlfriend and friends. I have an ambition to compete in the Ironman Triathlon by 2025, but we'll see if I'll get to do it...
AP2 gives an insight into the world of finance, something that would have otherwise been very difficult for a student. You get a feeling of what it's like to work for a world class asset manager, with all its implications, and you learn so much! It's also a privilege to work with so many talented people who are passionate about what they do. Finally, for anyone interested in a career in finance, it's a strong merit for the future.