Valitas

What Valitas does

Valitas AG is a Swiss pension fund administration specialist headquartered in Zug, Switzerland, founded in 1999 and operating for over 25 years under Swiss BVG (occupational pension) supervision. The company serves Swiss employers and independent pension funds through three distinct product lines: Valitas INDEPENDA (an autonomous collective foundation for medium-to-large companies with more than 10 employees, offering individualized pension plans and access to over 42 appointed asset managers); Valitas COMPACTA (a semi-autonomous collective foundation for small companies with fewer than 10 employees, providing standardized low-cost pension solutions at CHF 190 per insured person per year); and Valitas MANDATA (modular pension fund administration services for small-to-medium independent pension funds, including business management, accounting, securities accounting, and investment controlling).

The underlying technology stack centers on Valitas Online, a proprietary web-based customer portal (spi.valitas.ch) enabling HR personnel to manage master data and insured persons to access pension data in real time, supported by tutorials in German, French, Italian, and English. On the investment side, Valitas Institutional Funds (VIF Diversified and VIF Index Plus) are FINMA-approved collective investment funds administered by PMG Investment Solutions AG with CACEIS Bank as custodian. The company maintains an in-house ESG reporting infrastructure aligned with ASIP recommendations, supports BVV 2 limit monitoring, and partners with Ethos for active shareholder voting rights engagement.

The business model is fee-based and recurring: INDEPENDA charges CHF 260 per insured person per year and COMPACTA charges CHF 190 per insured person per year, supplemented by investment management fees on mandates and collective fund administration. Revenue is not publicly disclosed, but the combined AUM of CHF 3.108 billion (INDEPENDA CHF 2,736M + COMPACTA CHF 372M as of 31.12.2025), 15,479 insured persons, and 940 employer connections point to a mid-sized specialist firm. Go-to-market combines direct enterprise field sales, a broker/Vertriebspartner channel (with a structured broker step in the COMPACTA quote workflow), and a network of over 50 bank and insurance partners for referral and co-distribution. Distribution is domestic Switzerland only, served from offices in Zug (HQ), Zürich (INDEPENDA), and Aarau (COMPACTA).

Name

Valitas

Legal name

Valitas AG

Website

https://valitas.ch

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

11–50 employees

Short description

Valitas AG is a Swiss pension fund administration specialist serving Swiss employers and independent pension funds through three product lines — INDEPENDA for medium-to-large companies, COMPACTA for small businesses, and MANDATA for modular pension fund services — managing CHF 3.1 billion AUM across two supervised collective foundations.

Ownership category

akta.pro rank

Product category

Pension Fund Administration

NAICS

Pension Funds (52511), Insurance and Employee Benefit Funds (5251), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Investment Advice (6282)

akta.pro primary industry

Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG)

akta.pro secondary industries

Insurance-Integrated Wealth Managers (RIA + Insurance Solutions) (FSAAACAI), Estate Planning & Trust Structuring Advisory (FSAEAKAC)

Keywords

• Pension fund administration
• Occupational pension solutions
• Collective pension foundations
• Pension asset management
• Investment fund management

Headquarters

HQ city

Zug

HQ country

Switzerland

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Pension Fund Administration & Management Fees: Valitas generates revenue through recurring administration fees charged per insured person per year to employer pension funds. INDEPENDA charges CHF 260.00 per person/year; COMPACTA charges CHF 190.00 per person/year. Revenue is earned as a full-service or modular fee for managing autonomous and semi-autonomous pension institutions, including governance, accounting, securities administration, and investment controlling services.
2. Investment Management Mandate Fees: Revenue is earned from managing larger investment assets via mandate structures. INDEPENDA offers individual pension fund investment mandates managed in cooperation with over 42 appointed asset managers and two collective VIF funds. COMPACTA offers pooled investment management through its collective fund structure. Fees are embedded in the overall cost structure.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Valitas is a Swiss specialist in the administration of autonomous and semi-autonomous occupational pension (BVG) institutions, operating three product lines: INDEPENDA (autonomous pension foundations for medium-to-large companies with more than 10 employees), COMPACTA (semi-autonomous collective foundations for small companies with fewer than 10 employees), and MANDATA (modular full-service or partial pension administration for independent pension funds). The company also distributes proprietary collective investment funds (Valitas Institutional Fund — VIF Diversified and VIF Index Plus) and operates Valitas Online, a web-based customer portal for HR administrators and insured persons.

Product overview

Valitas operates as a full-service provider for pension institutions, offering three distinct product lines under a unified brand: Valitas INDEPENDA (autonomous pension foundation for medium to large companies with customized solutions), Valitas COMPACTA (semi-autonomous collective foundation for small businesses with standardized offerings), and Valitas MANDATA (modular administration services for independent pension funds). All three products share access to Valitas Online, a customer portal for data management and insured person access. The company specializes in managing autonomous and semi-autonomous pension institutions and complex collective foundation solutions, leveraging expertise from banks and insurance companies.

Differentiator

Problem solved

Functional benefit

Brands

• Valitas Institutional Fund (VIF): Collective investment funds including VIF Diversified and VIF Index Plus, managed by PMG Investment Solutions AG
• Valitas Online
• Valitas Podcast

Products and services

• Valitas INDEPENDA

Quantifiable outcome

• 114.2% coverage degree (INDEPENDA) and 110.1% coverage degree (COMPACTA) as of 31.12.2025 — both foundations in surplus
• +2 more outcomes

Named customers3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

15 partnerships are on record, tiered core and minor.

• CACEIScoreTechnology or IntegrationCACEIS serves as the custodian bank (Depotbank) for the Valitas Institutional Fund (VIF) investment funds and is also listed as a bank partner for INDEPENDA. CACEIS is a major European custodian bank.
• PMG Investment Solutions AGcoreTechnology or IntegrationPMG Investment Solutions AG is the fund management company (Fondsleitung) for the Valitas Institutional Fund (VIF). The funds are FINMA-approved and distributed by Valitas. PMG is a member of SPIG.
• Globalance Bank AGcoreTechnology or IntegrationGlobalance Bank provides investment solutions for INDEPENDA associated pension funds, focusing on future-oriented themes, renewable energy, sustainable business models, and megatrends. Valitas has partnered with Globalance Bank since 2015 for ESG-aligned investment solutions.
• Ethos Services SA (Ethos)coreTechnology or IntegrationEthos serves as the external advisor for active shareholder voting rights (Stimmrechtsausübung) at Swiss general meetings for both INDEPENDA and COMPACTA, and co-lead of the Ethos Engagement Pool Switzerland and International. Valitas exercises voting rights with Ethos support going beyond BVG legal requirements. Ethos is also a direct membership of Valitas Independa.
• SSF - Swiss Sustainable FinancecoreStrategic or Co-development PartnerValitas is a member of Swiss Sustainable Finance (SSF), which strengthens Switzerland's position as a global market for sustainable finance. SSF membership applies to both INDEPENDA and COMPACTA foundations and to Valitas AG. Membership supports the company's ESG strategy and sustainability positioning.
• Ethos (as membership body)coreStrategic or Co-development PartnerValitas Independa is a direct member of Ethos (Swiss Foundation for Sustainable Development), which provides shareholder engagement services and active voting rights representation at Swiss company general meetings. Membership supports ESG integration across the pension fund's investment portfolio.
• CDP (Carbon Disclosure Project)minorStrategic or Co-development PartnerIndirect membership through Valitas's broader ESG commitment. CDP runs the global environmental disclosure system for companies, cities, and regions.
• Climate Action 100+minorStrategic or Co-development PartnerIndirect membership. Climate Action 100+ is an investor initiative ensuring large corporate greenhouse gas emitters take action on climate change.
• GRESB (Global Real Estate Sustainability Benchmark)minorStrategic or Co-development PartnerIndirect membership. GRESB provides ESG benchmarks for real estate and infrastructure investments.
• GRI (Global Reporting Initiative)minorStrategic or Co-development PartnerIndirect membership. GRI develops global sustainability reporting standards.
• SASB (Sustainability Accounting Standards Board)minorStrategic or Co-development PartnerIndirect membership. SASB Standards help businesses identify and communicate financially material sustainability information to investors.
• TCFD (Task Force on Climate-related Financial Disclosures)minorStrategic or Co-development PartnerIndirect membership. TCFD develops climate-related financial disclosures for companies to inform investors.
• UN Global CompactminorStrategic or Co-development PartnerIndirect membership. The UN Global Compact is a strategic initiative for companies committed to responsible business practices.
• UN PRI (Principles for Responsible Investment)minorStrategic or Co-development PartnerIndirect membership. UN PRI is an investor initiative in partnership with UNEP Finance Initiative and UN Global Compact.
• VLSS Vorsorgestiftung (reference client and 1e solution)minorStrategic or Co-development PartnerValitas MANDATA has been managing the VLSS (Vorsorgestiftung für Leibärzte und Spezialisten) since 1996. VLSS is a 1e pension foundation for the healthcare sector offering above-average returns and over-obligatory pension solutions to companies in healthcare.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Avadis Vorsorge AG: Avadis provides pension fund administration and investment management for Swiss occupational pension institutions, including Sammelstiftungen. Closely comparable to Valitas MANDATA in modular full-service pension fund administration for independent pensions.
• Swiss Life Sammelstiftung: Swiss Life operates one of the largest Swiss Sammelstiftungen for occupational pensions (BVG), serving SMEs and large employers across Switzerland. Directly comparable to Valitas INDEPENDA and COMPACTA in product, regulatory structure (BVG supervision) and target customer base.
• Bâloise Fund Invest (Baloise Sammelstiftung): Bâloise operates Sammelstiftungen and BVG administration services for Swiss employers, often via partner brokers. Comparable to Valitas in customer profile, regulatory setup and broker-led distribution, though backed by a larger insurance parent.
• Profond Vorsorgewerk: Profond is a Swiss Sammelstiftung serving SMEs with both mandatory and supplementary BVG solutions, with multi-asset investment options. Comparable mid-sized Sammelstiftung peer to Valitas's INDEPENDA and COMPACTA product lines.
• Gemini Sammelstiftung: Gemini is a Swiss Sammelstiftung offering BVG pension administration for small and mid-sized employers with collective investment vehicles. Comparable to Valitas COMPACTA on standardized pooled solutions for sub-10-employee companies.
• Tellco AG: Tellco is a Swiss pension services firm providing Sammelstiftung and BVG administration to SMEs. Directly comparable to Valitas in target market, regulatory model and per-insured-person fee structure.
• Helvetia Personalvorsorge-Stiftung: Helvetia Versicherungen operates a Sammelstiftung for BVG occupational pensions in Switzerland, serving small and medium-sized employers. Direct peer to Valitas's collective foundation products (INDEPENDA, COMPACTA) with similar regulatory oversight and pricing models.
• AXA BVG-Stiftung (AXA Switzerland): AXA Switzerland operates BVG Sammelstiftungen and full-service pension administration for SMEs through its insurance-owned collective foundation structure. Directly comparable to Valitas's full-package versus modular offerings under the same Swiss regulatory framework.

Broad incumbents

• Pictet Group: Pictet is a major Swiss private bank and asset manager listed as one of Valitas INDEPENDA's 42+ asset manager partners. Comparable as a Swiss institutional investment partner; addresses the same Swiss pension fund asset allocation needs at much larger scale.
• Swisscanto (by Zürcher Kantonalbank): Swisscanto operates the pension fund and asset management business of Zürcher Kantonalbank, providing collective investment vehicles for Swiss BVG institutions. Overlaps with Valitas VIF (collective investment funds) and serves an overlapping institutional customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks1 record

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@valitas_ag
• LinkedInlinkedin.com/company/valitas

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Valitas