Asset Owner Directory

Pension Fund Rail & Public Transport (SPF Beheer)

Pension Fund Rail & Public Transport is a union pension fund based in Utrecht, Netherlands. Established in 2020, the plan is the non-compulsory industry pension fund for the Railways and Public Transport industry.

Country

Netherlands

AUM ($B, AS AT DATE OF ASSET ALLOCATION)

$25

Performance (%, 1YR)

-17.7

Chief Executive

Walter Mutsaers

Chief Investment Officer

Bart Oldenkamp

Chair

Gerard Groten

Asset allocation

22.4% Developed Markets Equities

6% Emerging Markets Equities

7.6% Corporate Bonds

2.5% Listed Real Estate

9.8% Direct Dutch Real Estate

7.1% Emerging Market Debt

1.9% High Yield Bonds

6.9% Mortgages

0.5% Impact Investments

3.2% Infrastructure

25.5% LDI Investments

5.6% Private Equity

1% Cash & Derivatives

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Dutch trio launches PE co-investment

The Netherlands’ Achmea Investment Management, Blue Sky Group and SPF Beheer have teamed up on a joint investment platform designed to lower fees and expand opportunities in private equity. Jos van Gisbergen, senior portfolio manager for private equity at Achmea, explains how it works.