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Futur
(2019)

Stockholm Schweden Panorama

Futur (formerly Danica Pension Försäkrings AB) is the market-leading Swedish savings platform based on AuM with a capital-light and self-financing business model. Futur holds a life insurance license with which Futur exclusively provides unit-linked life insurance policies and pensions to private and corporate clients.

The company is end-to-end digitalized including a fully digitalized client interaction on their cloud-based IT infrastructure. The proprietary and state-of-the-art IT infrastructure enables Futur to manage its AuM at an unrivalled administration cost ratio of 0.3% of premiums (more than 10x better than the market average), making it the cost leader in Sweden. The excellent IT infrastructure enables Futur to strongly grow in AuM at almost unchanged administration costs, expanding the unreachable competitive cost advantage every year by default, and resulting in an unlimited scalability of Futur's business.

In the past, Futur exhibited an extraordinary growth journey and grew exponentially by an average of 24% and 28% p.a. since 2012 in AuM and premiums. As a result, Futur became a top 3 player in the Swedish life insurance market.

Since Acathia´s investment in 2019, AuM have grown by +167% to SEK +210bn (€20bn). We continue to support the management in implementing its successful growth strategy in a spirit of partnership together with our investment partner Polaris Private Equity. For this investment, Acathia acts as lead investor through the investment vehicle Viking Life SCS, which is backed by German insurers and pension funds.

Investment details

  • Exponentially growing savings platform with €20+bn assets under management

  • Excellent market position based on cost and service leadership through end-to-end digitalization

  • Supporting the management in its continued development of Futur as leading player of the Swedish market
     

Seller

  • Danske Bank

Buyer

  • Viking Life SCS, Polaris Private Equity, Co-Investors

News

11.03.2024

Press release - Strong result for Futur 2023

Strong result for Futur 2023 | Business Wire.

24.03.2023

Press release - Another excellent year for Swedish pensions and savings platform Futur

Another excellent year for Swedish pensions and savings platform Futur.

07.10.2022

Press release - Acathia Capital increases stake in Swedish savings and pension platform Futur Pension

Acathia Capital increases stake in Swedish savings and pension platform Futur Pension.

​02.03.2022

Press release - The extraordinary growth journey of Futur Pension continues in 2021.

The extraordinary growth journey of Futur Pension continues in 2021.

 

08.06.2021

Futur Pension continues to outperform the Swedish life insurance market and reports excellent half year results.

All time high half year 2021 results

04.01.2021      

FuturPension with record EUR 13bn AuM in 2020 (+20%). AuM have grown by almost 60% from EUR 8bn to EUR 13 bn within 2 years since our investment beginning of 2019.

​Record performance of FuturPension 2020

02.06.2020       

Exceptional 2019 results of Acathia´s portfolio company FuturPension

Key figures 2019

02.05.2019       

Acathia completes acquisition of Danica Pension Sweden

Press release – Acathia completes acquisition of Danica Pension Sweden.pdf

11.12.2018       

Acathia together with co-investors acquires life insurer Danica Sweden

Press release – Acathia together with co-investors acquires life insurer Danica Sweden.pdf

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