LP profile

ABP

Pension fund · Founded 1922 · Heerlen, Netherlands

#1,047 LP Ranking #16 European pension fund · European emerging managers

Pension fund for government and education workers in the Netherlands

Website ↗LinkedIn ↗X / Twitter ↗

41 VC firms backed

$500B AUM

~$15B Allocated to VC (est. 3%)

01 · Background

Who ABP is.

Historical Background: ABP was founded in 1922 as the pension fund for individuals employed in the government and education sectors in the Netherlands. Initially established under state control, the fund, originally named Algemeen Burgerlijk Pensioenfonds, has grown to become one of the world's largest pension funds.
Source of Capital: The fund's capital is sourced from the pension contributions made by more than 3 million participants and their employers in the Dutch government and education fields. As of November 2023, ABP held assets valued at €552 billion.
Major Events: An agreement has been reached to implement a new pension scheme for members, which is scheduled to take effect in January 2027. The fund's asset manager, APG, is slated to exclusively manage investments for ABP starting around the year 2030.
Allocation Strategy: The investment portfolio is diversified across various asset classes, including equities, bonds, real estate, and an increasing allocation to private market investments. A significant portion of the public market allocation is being transitioned to passive, index-led strategies to manage costs. The fund has set a goal to allocate €30 billion to impact investments by 2030, with a focus on climate solutions, sustainable energy, and innovation. Of this amount, €10 billion is targeted for investment within the Netherlands.

Sources

02 · Fund commitments

The funds ABP backs.

ABP is a limited partner in 41 funds.

3i Group

United Kingdom

Aberdeen Asset Management

United Kingdom

Abingworth

United Kingdom

Advent International

United States

Advent Venture Partners

United Kingdom

Aermont Capital

United Kingdom

Apax Partners

United Kingdom

APG

Netherlands

Arle Capital Partners

United Kingdom

BlueOrchard Finance

Switzerland

Candover Partners

United Kingdom

Catalyst Microfinance Investors

Netherlands

Cinven

United Kingdom

Corsair Capital

United States

Energy Investors Fund

United States

HarbourVest Partners

United States

Ironbridge

Australia

LaSalle

United States

Macquarie Infrastructure and Real Asset

Australia

Neuberger Berman

United States

PAG

Hong Kong

Perella Weinberg Partners

United States

Southeast Interactive Technology Funds

United States

TA Associates

United States

Tishman Speyer

United States

Wilshire Associates

United States

03 · Allocation

How ABP’s fund book is spread.

The 41 funds ABP backs, by where the manager is headquartered and how many funds that manager has raised.

Where those managers are based

By fund headquarters.

Europe 2766%
North America 1127%
Rest of world 37%

United Kingdom 19 · United States 11 · Netherlands 6 · Australia 2

How established those managers are

Managers grouped by how many funds they have raised — across the 25 of 41 with a fund history on record.

Emerging funds · 11

Established funds · 14

3 1

5 2

3 3

1 4

2 5-6

6 7-9

2 10-14

3 15+

Funds raised by the manager

04 · Knowledge graph

News FT: ABP and PFZW the laggards among 24 comparable pension funds Jun 27, 2026

05 · Direct investments

The companies ABP backs directly.

ABP holds 6 companies directly, separate from the funds it commits to as a limited partner.

Soly

Energy · Netherlands

$132M valuation

Next Sense

Real Estate · Netherlands

$51M valuation

Taylor.

Energy · Netherlands

$35M valuation

Triple Solar

Energy · Netherlands

$44M valuation

Methaplanet

Energy · Netherlands

$26M valuation

Kenter

Netherlands

06 · Portfolio market map

Inside ABP’s portfolio.

The 6 highest-funded portfolio companies, of 6 tracked.

Soly

Energy

$132M

Next Sense

Real Estate

$51M

Taylor.

Energy

$35M

Triple Solar

Energy

$44M

Methaplanet

Energy

$26M

Kenter

Netherlands

07 · Portfolio founders

Where ABP’s portfolio founders come from.

10 founders across the 7 highest-funded portfolio companies — by current location, university attended, and the companies they worked at before founding. Sourced from the founder records the API links to each portfolio company.

LocationCount