Public employer · Vaud · rank 14 of 105 by assets
CPEV
CPEV is a Swiss public-sector pension fund based in Vaud with CHF 17.0 bn in assets, ranking 14 of 105 funds in Pension Lens by size. Its funding ratio stood at 75.9 % and it returned 7.9 % in 2025. Private markets account for 3.6 % of assets.
Assets17.0bn CHF31 December 2025
Funding ratio75.9%underfunded
Return 20257.9%
Private markets3.6%of assets
Asset allocation 2025
- Fixed income
- 27.5 %
- Equities
- 31.5 %
- Real estate
- 28.3 %
- Private markets
- 3.6 %
- Other
- 9.0 %
Returns in %
8.6
2021
-7.5
2022
5.0
2023
6.7
2024
7.9
2025
Private markets detail
Available with a Pension Lens account.
- Open allocation to strategic target, in CHFno target published
- Private equity, infrastructure and private debt vs. targetby asset class
- Named managers, funds and mandatesnot disclosed
- Open capital commitmentsnot disclosed
- BVV 2 quota for unlisted Swiss companiesstatus
- Activity in 2025 and plans for 2026with page references
Similar pension funds
Figures as published by the pension fund for financial year 2025; prior-year or uncertain values are marked. No investment advice.