Venture capital boosts PGGM returns

Health service pension fund PGGM booked a 2.7% return on its investments in the second quarter of 2007 representing around €2.2bn. PGGM’s investments in private equity groups brought the sharpest increase at 9.8% in the second quarter and 17.5% over the first half year.

The increase boosts first-half earnings on investments by 4.9% at €4bn. Some 38.4% of the PGGM portfolio is in shares and 14.4% in property funds. Private equity investments account for 5.4% of its portfolio.

Thank you for donating to

We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

Make a donation