APG and Japan’s Government Pension Investment Fund (GPIF) have launched a joint investment program to gain access to attractive investment opportunities, with a focus on infrastructure in developed markets worldwide.
The partnership will focus on sectors such as sustainable energy, fiber networks, transport, and other infrastructure projects that align with the long-term strategies of both pension investors to drive long-term value for their respective beneficiaries.
This marks the first time that GPIF and APG, on behalf of Dutch public pension fund ABP, as its majority shareholder, have joined forces. This collaboration brings together two of the world's leading pension investors, with a combined total assets under management of over €2 trillion.
“We are delighted to partner with GPIF, as our shared commitment to long-term private investments makes this collaboration a natural fit. We believe that joining forces will help to address the growing need for coordinated actions from like-minded, long-term investors to deliver long-term value to our beneficiaries and the broader society. We look forward to collaborating with GPIF to achieve our shared goals," said Ronald Wuijster, CEO of APG Asset Management.