Ahold Delhaize Pension Fund

Ahold Delhaize Pension Fund

Ahold Delhaize Pension Fund was established in 2016 to serve current and former employees of Ahold Delhaize N.V. The fund maintains separate benefit structures for its Dutch and American participants under the sponsorship of the listed retailer. Capital is deployed across real estate, infrastructure, and private markets. Confirmed holdings include positions in Altera Vastgoed Portfolio and Bouwinvest Residential Fund, both focused on Dutch residential and retail assets. A 5 percent allocation supports impact investments in forestry and farmland. Geographic exposure centers on the Netherlands with additional commitments to global infrastructure and private equity strategies executed through external managers. The fund reports 7.7 billion USD in assets and retains Achmea Investment Management as its primary investment advisor since 2016. Northern Trust acts as global custodian. In April 2025 the fund appeared as a speaker at the Phenix Capital Impact Summit in Amsterdam to discuss measurement of long-term social objectives. Governance separates the sponsoring employer from day-to-day investment decisions through an independent board and investment committee. External mandates, including a credit allocation to M&G, replace prior arrangements previously held by Allianz and JP Morgan.