Stichting Pensioenfonds ABP

For the quarter ended 31 December 2014, ABP had 2.8 million participants and assets under management of €344 billion ($388 billion, 1 EUR=1.13 USD), making it the largest pension fund in the Netherlands and among the five largest pension funds in the world as of September 2016.

Originally, the pension fund was a government controlled entity that fell under the authority of the minister of home affairs in The Hague.

In 2006, ABP and PGGM, another large Dutch pension fund, considered a spinoff of their investment management businesses.

According to information published by ABP,[citation needed] its largest US investments include ExxonMobil, JPMorgan Chase, General Electric, Goldman Sachs, Morgan Stanley, Citigroup, Boston Properties, Public Storage, Microsoft and Cisco Systems.

Founded in 2003 by Ira Handler, the firm began as the exclusive, non-discretionary advisors to APG Investments.

AlpInvest Partners, founded in 1999 is the exclusive manager of private equity investments for APG and fellow Dutch pension group Stichting Pensioenfonds Zorg en Welzijn.

AlpInvest has offices in Amsterdam, New York City, Hong Kong and London with over 60 investment professionals and over 100 employees.