Tom Jarneid

Telenor ASA Penjonskasse is a Norweigian pension fund based in Fornebu, Norway. The group is currently restricted by government regulation to invest only 5% of their total assets in alternatives. The pension is currently drawing down their hedge fund and fund of hedge funds investments given the current market environment and new regulatory oversight.The pension still maintains an active allocation to private equity. This allocation is a small percentage of their overall pension investments.