Hedge fund chief leaves APG’s U.S. unit

Paulus Ingram left APG Asset Management U.S. as head of hedge fund investments, said a spokesman.

The €433 billion ($482.9 billion) manager runs the assets of the €402 billion Stichting Pensioenfonds ABP, Heerlen, Netherlands.

“While APG Asset Management considers a replacement, (Mr.) Ingram’s responsibilities have been divided among the internal team,” said the spokesman in an e-mail.

Details on Mr. Ingram’s plans could not be learned by press time.