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.
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