Pensioenfonds PNO Media, Hilversum, Netherlands, has selected financial institution Van Lanschot Kempen to manage an active sustainable European small-cap equity mandate with an initial value of €195 million ($213 million), according to a news release.
The Kempen Sustainable European Small-cap strategy is an active strategy that selects high-quality, public small-cap businesses with attractive valuations, sustainable characteristics, long-term competitive advantages, and strong management teams. Its aim is to achieve long-term capital growth.
Erik Hulshof, executive director at Pensioenfonds PNO Media, said in the news release: “After an extensive selection process, we have chosen Van Lanschot Kempen’s strategy. Throughout our discussions, we were consistently impressed by the fund managers’ knowledge of the Dutch pensions landscape and the European small-cap sector, their long-term track record, and their integrated approach to sustainability within the investment policy.”
PNO Media is the pension partner for participants in the Dutch media, information technology, entertainment and creative sectors. With invested assets of €7.6 billion as of July 31, PNO Media is among the top 30 largest pension funds in the Netherlands.
