C-Quadrat Ampega Pension Fund Manager Wins P&I WorldPensionSummit 2025 Excellence & Innovation Award in Investments
C-Quadrat Ampega Asset Management Armenia announces that it has won the P&I WorldPensionSummit 2025 Excellence & Innovation Award in Investments for mobilizing pension assets in real sector and infrastructure,”. The award was presented during the annual summit held November 4-6 in The Hague, Netherlands.
Pension funds from more than 20 developed and developing countries competed to be recognized as the best in three categories, and in the ‘Investments’ category the principal award goes to C-Quadrat Ampega Armenia.
C-Quadrat Ampega pioneered pension fund investments in venture capital – the first such investment in the history of Armenian pension funds – working closely with local VC firms to elevate governance, risk management, and compliance to institutional standards. The initiative diversifies pension portfolios while strengthening Armenia’s emerging VC ecosystem. It addresses two key challenges in Armenia’s economic landscape: the rapid growth of pension assets outpacing suitable local opportunities, and the need for long-term investment in infrastructure, human capital, and innovation.
At its core, the project mobilizes long-term private capital, including pension assets, to support infrastructure and real-sector enterprises – unlocking new investment channels, reinforcing Armenia’s capital-market foundations, and contributing to sustainable economic growth.
A panel of global retirement-industry leaders serving on the WorldPensionSummit advisory board praised the initiative, noting that it both reflects the current constraints of investing in Armenia’s markets and has the potential to serve as a model for other countries seeking to integrate pension capital into local innovation funds.
Arman Vardanyan, CEO of C-Quadrat Ampega, said:
“This recognition is deeply meaningful. It reflects not only the importance of developing long-term investment solutions for Armenia but also the public trust placed in our pension system. At C-Quadrat Ampega, we are committed to managing that trust with transparency, responsibility, and innovative vision. This award is a testament to our team, whose professionalism and passion drive our mission to build a stronger financial future for Armenia and all its citizens.”
Isabella Adilkhanyan, CFOO of C-Quadrat Ampega, said:
“We believe pension assets should play a transformative role in the real economy. Through collaboration and continuous innovation, we will keep creating opportunities that benefit both our pension participants and the country’s long-term development. Special thanks to our investee Formula VC, which passed multilayer due diligence and demonstrated excellent expertise, a strong commitment to improving its governance practices, and a well-built portfolio of Armenian innovative ventures – making it eligible for this responsible investment.”
C-Quadrat Ampega Asset Management Armenia is the leading asset management company selected to manage the pension funds of Armenia’s funded pension system, jointly owned by C-Quadrat Investment Group (Austria) and Ampega Asset Management (Germany). For 10 years, the company manages Armenia’s mandatory pension funds with a mission to deliver long-term value, promote responsible investment, and contribute to sustainable economic development – with over AMD 650 billion in assets under management and more than 440,000 pension participants. The company adheres to international standards of risk management, transparency, and corporate governance.
