On November 19, 2024, the Labour Minister, Mr. Phiphat Ratchakitprakarn, the Permanent Secretary of Labour, Mr. Boonsong Thapchaiyut, the Ministry of Labour’s Inspector-General and Acting Secretary-General of the Social Security Office, Mrs. Marasri Jairangsi, the Social Security Advisory Board (No. 14), executives and relevant officials of the Social Security Office under the Ministry of Labour, met with executives of the EQT Fund Management in Stockholm, Sweden.
Mr. Phiphat said that the reason that he, the Permanent Secretary of Labour, and the Social Security Advisory Board (No. 14) traveled to Sweden this time was to study and exchange investment perspectives on the role and benefits of investing in private equity assets, by listening to a presentation on the investment process and strategies in private equity assets in which EQT Fund Management has expertise, namely the Global Private Infrastructure and Global Private Equity groups.
Mr. Phiphat added that this discussion also followed up on the performance of the funds that the office is investing in, which was found to be in the investment period and had received good returns. The meeting also listened to a summary of the current and future trends in investment in off-market assets by pension funds worldwide in order to further develop the Social Security Office’s investments to generate higher returns and to manage and control risks appropriately in order to enhance the sustainability of the Social Security Fund in the long term.
——————–
Division of Public Relations