- Norges Bank Investment Management (NBIM), responsible for the investments of Norway’s Government Pension Fund Global (GPFG), has acquired a 10 per cent interest in Aypa Power, a North American battery storage platform.
NBIM is a co-investor alongside Brookfield, and this investment is in addition to its existing indirect investment in Aypa Power through Brookfield’s Global Transition Fund strategy. NBIM paid USD 300m for its 10 per cent interest. Brookfield agreed to acquire Aypa Power from funds managed by Blackstone Energy Transition Partners in July 2026. The co-investment agreement was signed and completed on 28 October 2026.
- Iceland's Lífeyrissjóður verzlunarmanna (The Pension Fund of Commerce, LV) will adopt its new name, Lifa lífeyrissjóður, after approval at its extraordinary general meeting on 16 November.
The new name will take effect after confirmation by Iceland's Ministry of Finance and Economic Affairs. The fund said the new name reflects its future vision and the diverse group of members it serves. LV has a long history and has taken care of the pensions of Icelanders for 70 years, in addition to being one of the largest long-term investors in the country. At the same time as the name change, the fund will also adopt a new logo that supports its focus. The new sign forms the letter L and consists of shapes that spread out like rays of light.
- Pensionskasse Basel-Stadt, the pension fund for Canton of Basel-Stadt employees, and the Geneva Tenants' Association have reached an agreement on the planned renovation of listed buildings at Boulevard Carl-Vogt 35–43 in Geneva.
The agreement covers the 57 remaining affected residential tenancies and establishes measures to protect tenants during the renovation, including temporary replacement accommodation of comparable size, financial assistance with moving costs, and the right to return to their renovated apartments under regulated rental conditions. Additional protections apply to particularly vulnerable tenants, such as elderly people, those with health issues, or those in financially precarious situations. The agreement aims to balance building renovations and energy-efficiency improvements with the need to preserve affordable housing and protect long-standing residents in the La Jonction neighbourhood.
- Danish pension company PensionDanmark is joining the development of Vingelodden in Nørrebro, following the purchase of a large plot of land from Vision Ejendomme, with the ambition of building 400 homes.
The former commercial area of Vingelodden has been designated for urban development by the City of Copenhagen, and several landowners are working together to create a new neighbourhood with housing, public spaces and room for community and local life. The industrial estate currently houses several car dealerships and garages, among other things. PensionDanmark’s aim is to contribute to the new neighbourhood with up to 400 mixed-use homes and recreational areas for the benefit of the whole of Nørrebro.
- Iceland’s Brú Pension Fund, Íslenski lífeyrissjóðurinn and Lífeyrissjóður Bankers have adopted the Everen Actuarial Suite software to monitor their pension obligations in real time.
The software can calculate the funds' liabilities in minutes, compared with similar calculations that previously took weeks or months.








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