Sections

Alternatives manager

Related Categories

PGGM, the e47bn pension fund for the health care and social work sector, has promoted its head of real estate Jan van der Vlist to oversee its alternative investments.
The Dutch fund recently brought real estate, private equity investments, mortgages and absolute return funds under one umbrella and renamed them structured investments.
PGGM says: “the asset categories mentioned have a number of important similarities relating to specific features of the markets, pricing, how transactions are realised and also to the low level of liquidity compared with shares.”
Van der Vlist’s promotion makes him responsibe for around 25%, or e11.75bn, of the fund’s assets. Real estate accounts for 15% of the overall fund, private equity 7.5% and morgages 2.5%.
Elsewhere the investment management structure remains unchanged. Gerrit Russelman will continue to oversee equities and Marjolein Sol will continue to run fixed income and the treasury department.

Have your say

You must sign in to make a comment

IPE QUEST

Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2563

    Asset class: Mid & Small Cap Equities.
    Asset region: Global.
    Size: USD $130m.
    Closing date: 2019-09-27.

  • QN-2564

    Asset class: Large Cap Growth Equities.
    Asset region: Global Developed Markets.
    Size: USD $130m.
    Closing date: 2019-10-04.

Begin Your Search Here
<