Jelle Beenen, head of alternative beta at PGGM, will join Mercer as head of investments strategy in April, PGGM spokesman David Uitdenbogaard confirmed. PGGM is the administration and asset management company for the €88 billion ($128 billion) Pensioenfonds Zorg en Welzijn, Zeist, Netherlands. Mr. Beenen, who joined PGGM in 2000, has done a fabulous job, Mr. Uitdenbogaard said. Mr. Uitdenbogaard declined to provide further information about a replacement. Mercer spokesman Antoni van Huissteden could not be reached for comment at press time.