PGGM has launched its own dedicated managed account platform for hedge fund investments. This enables PGGM to offer its clients access to hedge fund strategies in a responsible, transparent and liquid structure. In addition, significant cost reductions can be achieved by omission of the common fund of fund structure for hedge funds.

PGGM is the administrative organisation for collective pension schemes, principally in the Dutch care and welfare sector. PGGM currently manages around EUR 100 billion of pension assets for over 2.2 million current and former employees.

Jan Soerensen, Head of Hedge Funds of PGGM: “This development fits within our strategy to have more direct control and oversight on investments as a leading responsible investor. Hedge funds have an attractive risk return but show little transparency as well. Now we can achieve full transparency and invest in hedge funds in accordance with our Responsible Investments Policy.”

The platform is private and exclusively accessible for clients of PGGM. PGGM has entered a partnership with LYXOR Asset Management to facilitate the operations, technology and infrastructure of the managed accounts.