APG and Swiss pension funds PUBLICA, City of Zurich, Kanton Aargau, and Credit Suisse have launched a co-investment program in infrastructure equity. The objective of the program, with an initial commitment of EUR 1bn, is to jointly gain access to attractive infrastructure investment opportunities in the private market space.
APG, on behalf of Dutch public pension fund ABP, is collaborating with the leading Swiss pension funds to explore targeted investment opportunities that align with their collective commitment to sustainability and long-term value creation. This partnership unites some of Europe’s largest pension investors, enabling them to pool their resources and expertise to pursue projects that contribute to environmental and social goals while meeting financial objectives.
“Collaboration with the Swiss pension funds is a natural fit due to our shared dedication to long-term private investments and active ownership”, said Ronald Wuijster, CEO of APG Asset Management. “By uniting our efforts, we can better address the growing demand for coordinated initiatives among like-minded, long-term investors. This partnership aims to deliver sustained value to our client ABP by advancing its responsible investing ambitions, driving impactful investments that generate financial returns while contributing to societal and environmental objectives through long-term infrastructure projects.”