Dutch pension funds APB and PGGM have put their jointly-owned private equity company Alpinvest up for sale, the Financieele Dagblad reports on Friday.

The paper says Alpinvest is the biggest private equity house in Europe. Civil service pension fund ABP and healthcare pension fund PGGM each own 50% of the company.
Sources told the paper the sale will allow the funds to put their capital into other private equity funds. One said Alpinvest itself wants to attract capital from third parties.
Salaries
In addition the high salaries of the fund managers are of concern the paper said. These are in line with private equity norms but a senstive issue for the public sector pension funds. The Alpinvest board earned €39.9m last year, the FD said.
No-one from ABP, PGGM or Alpinvest was available for comment, the paper said.
Alpinvest has some €46bn under management. The private equity group is part owner of chip maker NXP and retail group Maxeda (V&D and Bijenkorf), and also invests in KKR and Blackstone.