Mandate roundup: Provisum invests in Syntrus Achmea’s mortgage fund

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Pensioenfonds Provisum has invested €80m in Syntrus Achmea Real Estate & Finance’s Achmea Dutch Residential Mortgage Fund.

Provisum manages the pension scheme for C&A Netherlands and has more than 10,000 members. The fund’s assets are managed by Anthos Fund & Asset Management.

The Achmea Dutch Residential Mortgage Fund, established in 1997, manages assets in excess of €12bn, according to a statement.

Last year, Syntrus Achmea gained a total of €1.5bn of new mandates for its mortgage fund, in which more than 50 investors currently participate.

Daan van der Werf, investor relations director at Syntrus Achmea, said: “Mortgages have proven to be a robust investment with a favourable risk/return profile, where investors can increasingly fulfil their ESG ambitions.”

Benelux-based scheme seeks infrastructure manager

A pension fund based in the Benelux has reached out to IPE Quest to search for asset managers for an unlisted infrastructure mandate.

According to search QN-2751, the mandate is worth €90m and will focus on equity.

“We are looking for a fund (can be open-ended or closed) investing in unlisted infrastructure. The underlying investments should predominantly be in equity but in case some investments are in debt this is allowed,” the notice tender stated.

It said the scheme had a preference for secondary (operational) projects in the portfolio but a mix between primary and secondary projects is allowed.

The notice said the geographical region of investment should be limited to Europe – preferably developed countries based on the MSCI definition.

Participating managers will need to have a track record of at least three years.

The deadline to participate has been set for 28 February 5pm UK time.

The IPE news team is unable to answer any further questions about IPE Quest, Discovery, or Innovation tender notices to protect the interests of clients conducting the search. To obtain information directly from IPE Quest, please contact Jayna Vishram on +44 (0) 20 3465 9330 or email jayna.vishram@ipe-quest.com.