Vlaggen Pggm

Selected Investments

PGGM is investing in or alongside top tier private equity firms, please find below an overview of the investments that have been made during 2020.

Please refer to PFZW’s transparency list for a complete overview of their private equity investments.

Overview of 2020 investments  

 

Abenx

Fund: Abénex Capital Fund VI
Investment period: Q1 2020
Region: EU
Strategy: Investor in control investments in French lower mid-sized companies active in 4 key sectors: consumer, healthcare, services and safety.

Ardian

Fund: Ardian Expansion Fund V
Investment period: Q1 2020
Region: EU
Strategy: Ardian Expansion’s strategy focuses on transforming local or regional champions across sectors into professionalized, pan-European or global players which solicit premium valuations at exit.

Audiotonix

Co-investment: AudioTonix
Investment period: Q1 2020
Manager: Ardian
Sector: Information Technology
Region: United Kingdom
Business description: Global leader in the design, engineering and production of audio mixing consoles for professional end-users in the live music, installed venues and TV broadcast segments.

Blackstone

Fund: Blackstone Life Sciences V
Investment period: Q1 2020
Region: US
Strategy: Partnering with large pharmaceutical companies and emerging biotech companies to fund the late-stage clinical development of promising new therapeutics.

Clearlake

Fund: Clearlake Fund VI
Investment period: Q1 2020
Region: US
Strategy: Investor in value buyouts/special situations, distressed (debt) and structured equity in medium-sized US companies, predominantly in software and technology enabled business services, industrials and energy, and consumer sectors.

Indexventures

Fund: Index Growth V
Investment period: Q1 2020
Region: US and EU
Strategy: Investor in growth capital in technological disruption themes in software landscape, consumer, financial services, future of work (including mobile, API and cloud) and mobility.

Permira

Fund: Permira Fund IV
Investment period: Q1 2020
Region: Global
Strategy: Secondary investment in vintage 2006 Permira Fund IV. Permira is an institutionalized, blue-chip buyout manager with deep experience in tech and software sectors.

Baincapitaldouble

Fund: Bain Capital Double Impact II
Investment period: Q2 2020
Region: US
Strategy: North-American middle-market buyouts, supplemented with selected growth investments, in companies active in the impact themes Healthcare & Wellness, Sustainability, and Education & Workforce Development.

Clayton

Fund: CD&R XI
Investment period: Q2 2020
Region: Global
Strategy: Control-oriented buyout investments in businesses whose operating and financial performance can be enhanced by CD&R’s proactive ownership mode.

Coller

Secondary: Coller Capital VIII
Investment period: Q2 2020
Region: Global
Strategy: Well-established, institutionalized, leading secondaries firm. Coller Capital is one of the largest private equity secondaries investment managers globally with the largest secondaries-focused team and no external mandates or additional asset-class funds.

Cvccapital

Fund: CVC Capital Partners VIII
Investment period: Q2 2020
Region: Global
Strategy: Pursuing locally-sourced control and co-control investments in global companies headquartered primarily in Western Europe, with capped exposure to North America and the Rest of the World.

Fp

Fund: Francisco Partners VI
Investment period: Q2 2020
Region: US
Strategy: Investor in control positions in mid-sized information technology companies predominantly in the US across six sub-sectors: Healthcare IT, Fintech, Communication / Security, Industrial IT, Consumer Internet, and Education Technology.

Newmountaincapital

Fund: New Mountain Partners VI
Investment period: Q2 2020
Region: US
Strategy: Investor in companies in the US mid-market with defensive growth characteristics based on sector deep dives.

Silverlake

Fund: Silver Lake Partners VI
Investment period: Q2 2020
Region: Global
Strategy: Leading global buyout managers focused entirely on large-scale investments in technology, technology-enabled sectors and related growth industries, globally with a high concentration in the United States.

Baincapital

Fund: Bain Capital XIII
Investment period: Q3 2020
Region: Global
Strategy: Investor in companies headquartered in North America within the upper mid-market/large buyout segment, focusing on four verticals: Industrials, Technology, Healthcare, and Consumer and Financial & Business Services.

Dpe

Fund: DPE IV
Investment period: Q3 2020
Region: EU
Strategy: Investor in lower mid-market growth companies in Germany, Switzerland and Austria (DACH region), mainly focuses on five sectors: Healthcare, Industrial Technologies, Business Services, Energy / Environment and IT / Software.

Epicor

Co-investment: Epicor
Investment period: Q3 2020
Manager: CD&R
Sector: Information Technology
Region: US
Business description: Leading provider of vertical specific ERP software to small and mid-sized enterprises across industrial focused sectors.

Kkr

Fund: KKR Asia IV
Investment period: Q3 2020
Region: Asia
Strategy: Pan-Asian investor with a sector agnostic approach that is primarily focused on larger sized equity opportunities across China, India, Japan, Korea, Southeast Asia and Australia.

Pollenstreet

Fund: Pollen Street Capital Fund IV
Investment period: Q3 2020
Region: EU
Strategy: Investor in companies in the financial and (to a lesser extent) business services sectors operating in the lower mid-market in the UK and (to a lesser extent) Western Europe.

Gyrus

Fund: Gyrus I
Investment period: Q4 2020
Region: Europe
Strategy: Investor is healthcare and sustainability companies in Western Europe.

Ingram2

Co-investment: Ingram Micro
Investment period: Q4 2020
Manager: Platinum Equity
Sector: Information Technology
Region: US
Business description: Leading global B2B technology distributor providing hardware, software and logistics to more than 250,000 customers and via 2,000 vendors.

K5

Fund: K5
Investment period: Q4 2020
Region: US
Strategy: Investor in buyouts in the enterprise software sector, predominantly in the North American lower mid-market.

Kakaobank2

Co-investment: Kakao Bank
Investment period: Q4 2020
Manager: Anchor
Sector: Financials
Region: Korea
Business description: Leading mobile bank offering comprehensive banking services including loans, deposits, debt and credit cards remittance and other new businesses.

Livingbridge

Fund: Livingbridge VII
Investment period: Q4 2020
Region: UEU
Strategy: Investor in high growth, entrepreneurial SME businesses with an increasing focus on tech-enabled businesses.