Featured

PMT invests in tech-focused venture capital fund

The public pension has backed Innovation Industries' latest fund.

-

Name: Pensioenfonds Metaal en Techniek
HQ: The Hague, Netherlands
AUM: €93 billion
Allocation to private equity: 5.7%

Pensioenfonds Metaal en Techniek (PMT) has committed €75 million to Innovation Industries latest private equity vehicle, according to a recent article.

The fund, launched in 2022, will invest into TMT sector in Western Europe and seek venture capital returns. PMT has previously committed to the Innovation Industries series, investing €75 million to Fund II.

PMT’s private equity allocates a 5.7 percent portfolio. As of 2022, it is valued at almost €5.3 billion. As illustrated below, the pension’s recent private equity commitments have focused on Western Europe vehicles with venture capital and buyout returns.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.