Alpinvest books €125m in net profit
Tuesday 01 July 2008
Alpinvest, the investment fund owned jointly by the civil service and health service pension funds, booked net profit of €125m last year, on turnover up from nearly €80m to €223m.
Earnings in 2006 totalled €15m.
Alpinvest manages all ABP and PFZW’s private equity investments – a total of some €40bn. The company’s founders and partners will share a dividend of €112m, compared with €6.5m on 2006’s earnings, the Financieele Dagblad said.
The company is predicting significantly lower results this year due to ‘challenging market conditions’.
© DutchNews.nl
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