AP7, Stockholm, is searching for private equity and hedge fund managers of managers, said Richard Grottheim, executive vice president.
The 20 billion kroner (US$1.9 billion) plans board of trustees approved allocating 4% of total assets, or 800 million kroner, to each asset class.
Proposals are due Nov. 26; selections are expected in February.
Separately, the plan expects to announce a new alternative investment consultant by the end of the month, said Mr. Grottheim. It is no longer seeking proposals.