MONEY MANAGEMENT

PGGM fills private equity vacancy via promotion

Eric-Jan Vink was named head of private equity at Dutch fiduciary manager PGGM, according to spokesman David Uitdenbogaard.

Mr. Vink replaced Ruulke Bagijn, who was promoted to chief investment officer for private markets earlier this year.

Mr. Vink was senior investment manager in the private equity division at PGGM. His replacement will be appointed “in due course,” Mr. Uitdenbogaard said.

PGGM manages assets on behalf of the €111 billion ($144 billion) Pensioenfonds Zorg en Welzijn, Zeist, Netherlands, among other pension funds.