APG (pension fund)

Last updated

APG Groep NV
Native name
Algemene Pensioen Groep NV
Industry Investment management
FoundedMarch 1, 2008;15 years ago (2008-03-01)
Headquarters,
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. "Parliamentarians can keep the (other) day job". POLITICO. 1 November 2016.
  16. Preesman, Leen. "Dutch giant APG appoints Bart Le Blanc to supervisory board". IPE.