APG (pension fund)

Last updated

APG Groep NV
Native name
Algemene Pensioen Groep NV
Industry Investment management
FoundedMarch 1, 2008;16 years ago (2008-03-01)
Headquarters
Heerlen
,
Netherlands
Key people
Annette Mosman (CEO)
AUM €517 billion (September 2023)
Owner Stichting Pensioenfonds ABP
Website apg.nl

APG (All Pension Group) (Dutch : Algemene Pensioen Groep) is a Dutch pension investment company based in the Netherlands. It is a direct subsidiary of Stichting Pensioenfonds ABP, the largest pension fund in the Netherlands.

Contents

History

APG was established on 1 March 2008 as an independent administration organization of Stichting Pensioenfonds ABP (ABP). [1] [2] [3] [4] In the same year, it merged with Cordares, which carried out pension administration for bpfBOUW (The Foundation for the Construction Industry Pension Fund). [2] [4] [5] APG is known as the asset manager of ABP. [2] [3] [4] [6]

AlpInvest Partners was owned by APG and PGGM until it was sold to The Carlyle Group in 2011. [6]

Overview

APG manages investments for various pension funds in the Netherlands. [1] [2] [4]

It has three subsidiaries which are:

APG has offices in Amsterdam, Heerlen, Brussels, New York, and Hong Kong [7] as well as satellite sites in Beijing and Shanghai. [8]

Notable transactions

Affiliated people

See also

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References

  1. 1 2 "APG looks to grow outside home turf". Reuters. 10 December 2008. Retrieved 15 July 2023.
  2. 1 2 3 4 Denmark, Frances (11 June 2012). "Back to Basics at Dutch Pension Giant APG". Institutional Investor. Retrieved 15 July 2023.
  3. 1 2 "ABP launches APG". www.professionalpensions.com. 3 March 2008. Retrieved 15 July 2023.
  4. 1 2 3 4 Henderson, Julie; Kennedy, Liam (28 February 2009). "APG set to unveil its corporate strategy". IPE. Retrieved 15 July 2023.
  5. ↑ Harro ten Wolde (17 April 2008). "UPDATE 1-Dutch ABP fund unit APG to merge with Cordares". Reuters.
  6. 1 2 "Carlyle expands with Dutch AlpInvest buy-out". Reuters. 26 January 2011. Retrieved 6 February 2023.
  7. ↑ "About". Investor Leadership Network. Retrieved 24 February 2021.
  8. ↑ "APG Said to Set Up Offices in Shanghai, Beijing China Mingtiandi". Mingtiandi. 25 November 2019. Retrieved 24 February 2021.
  9. ↑ Goh, Andrew Macdonald, Brenda (7 September 2011). "Westfield mall heralds profit and social change". Reuters. Retrieved 19 February 2021.{{cite news}}: CS1 maint: multiple names: authors list (link)
  10. ↑ EastLink’s big pension fund owners mull selldown, bankers scramble Australian Financial Review 27 November 2022
  11. ↑ Kelly, Megan (18 November 2019). "Capco sells Earls Court estate for £425m". Construction News . Retrieved 19 February 2021.
  12. ↑ Gray, Jack. "Dutch pension provider APG acquires further 20.9% stake in Alpha Trains". European Pensions.
  13. ↑ Sanjana Shivdas (23 October 2019). "Canada Pension Plan sells 39% stake in Interparking". Reuters.
  14. ↑ "Swiss Life, APG & NPS to Acquire 81% Stake in Portugal's Road Operator Brisa for USD 2.6bn; P/S 4x". Analyzemarkets.com.
  15. ↑ "GCP Student Living surges as it agrees £969m takeover". Share Cast. 16 July 2021. Retrieved 13 December 2021.
  16. ↑ "Parliamentarians can keep the (other) day job". POLITICO. 1 November 2016.
  17. ↑ Preesman, Leen. "Dutch giant APG appoints Bart Le Blanc to supervisory board". IPE.
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