Roger Metz

Roger Metz is the head (Pensionskassenleiter / Geschäftsleiter) of the Pensionskasse des Kantons Nidwalden (PKNW), the public occupational-pension fund for the Swiss canton of Nidwalden, based in Stans. His role, as stated on the fund's own team page, is responsibility for the "Gesamtleitung der Pensionskasse" — the overall management of the fund. The canton's official personnel register lists his function as "Pensionskassenverwalter" (pension-fund administrator) within the cantonal administration, reachable at Bahnhofplatz 3 in Stans on +41 (0)41 618 71 09.

The PKNW is a mid-sized Swiss 2nd-pillar fund. As of 2023 it managed roughly CHF 1.06 billion in assets, allocated across bonds and mortgages (~40%), Swiss equities (~35%), real estate (~21%) and cash (~3%). Membership figures reported for 2025 show about 3,300 active insured members and roughly 1,020 pensioners, with the coverage ratio (Deckungsgrad) recovering to 114.5% in 2025 after a stressed period — it had dipped to about 99.7% in 2015 before climbing to 108.4% by 2023. The fund is a member of the Ethos Engagement Pool, reflecting a sustainability/active-ownership orientation in how it exercises its shareholdings.

Metz has been the fund's public voice through a difficult low-interest-rate era. In a January 2017 *Nidwaldner Zeitung* interview he explained the fund's structural pressures candidly — rising life expectancy and collapsed interest rates — and defended a package of corrective measures, including a phased reduction of the conversion rate from 6.3% toward 5.3% by 2023 and higher savings and risk contributions from employers and employees.

> Important accuracy note: The stub data classified Roger Metz as an *"Angel Investor"* targeting *"Seed Round"* deals. Research across primary sources (the canton of Nidwalden, the PKNW website, and Swiss press) found no evidence that he is an angel investor or makes personal early-stage/startup investments. He is an institutional pension-fund manager. The sections below are framed around his verifiable institutional mandate; no seed-stage "portfolio companies" or personal angel checks have been fabricated.

• Acts as a fiduciary manager of an occupational pension fund, not a venture/angel investor — the mandate is long-term, liability-driven asset management for members' retirement, disability and survivor benefits.
• Runs a diversified multi-asset allocation: as of 2023, roughly 40% bonds & mortgages, ~35% Swiss equities, ~21% real estate, ~3% cash.
• Prioritizes solvency and coverage ratio stability — his public statements center on covering conversion (Umwandlungs-) losses and generating returns sufficient to fund guarantees in a low-yield environment: *"Die Kasse verzeichnet Umwandlungsverluste. Diese müssen aus der eigenen finanziellen Kraft getragen werden."* (2017)
• Incorporates sustainable/active-ownership investing via membership in the Ethos Engagement Pool, which votes and engages on ESG matters at Swiss listed companies on behalf of member pension funds.