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Anthuri Equity Managers
Anthuri Equity Managers was established in 2001 by a group of Dutch institutional investment professionals, including Kees Jan Dikland and Johan van der...
Anthuri Equity Managers
Anthuri Equity Managers was established in 2001 by a group of Dutch institutional investment professionals, including Kees Jan Dikland and Johan van der Ende. The firm operates from The Hague and manages segregated mandates and pooled vehicles for Dutch pension funds and other institutional investors across the Benelux region. The firm deploys capital across private infrastructure, real estate, and private equity, with a noticeable skew toward energy transition and renewable assets. Anthuri structures direct co-investments alongside large infrastructure funds, allowing its institutional clients to access mid-market projects without the fee drag of fund-of-funds models. Confirmed investment themes include solar parks, onshore wind, district heating, and energy-from-waste facilities. The firm also participates in private equity fund commitments, selecting lower-mid-market buyout managers in the Netherlands and Germany. Team size is estimated at 10–15 professionals based on the firm's narrow mandate and boutique structure. Anthuri does not operate a large in-house origination team; it relies on relationships with placement agents, fund managers, and co-investment club networks to source deals. While the firm does not publicly disclose its AUM, Altss estimates the figure at $500 million to $1 billion, based on the scale of its infrastructure co-investment track record and the asset pools of its Dutch pension clients. Anthuri occupies a specific structural niche: it is neither a pure fund-of-funds nor a direct asset operator, but a gatekeeper and co-investment aggregator for Dutch institutional limited partners. This model lets smaller pension funds gain exposure to illiquid infrastructure assets without building in-house origination teams. The firm's succession remains anchored to its two senior partners, with no publicly disclosed external ownership or parent entity. (per firm's official communications and Dutch trade registry filings)
General information
Firm type
Asset Manager
Year founded
2001
AUM
$500M - $1B (Altss estimate)
Location
Region
Europe
Country
Netherlands
City
The Hague
Corporate office
The Hague, Netherlands
Principals
Kees Jan Dikland
Chief Executive Officer
Johan van der Ende
Chief Investment Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Anthuri Equity Managers?
Johan van der Ende serves as Chief Investment Officer, a role he has held since the firm's founding in 2001. He works alongside CEO Kees Jan Dikland and a compact investment team. The firm does not operate a large investment committee; decisions are made by the senior partners with input from external sector specialists when needed.
How does Anthuri source its infrastructure deals?
Anthuri sources primarily through its network of large infrastructure fund managers, placement agents, and co-investment clubs. Rather than originating proprietary deals, the firm selects co-investment opportunities offered by established infrastructure GPs. This model gives Anthuri's institutional clients access to the same deals that large funds syndicate among themselves.
Is Anthuri structured as a family office or an asset manager?
Anthuri Equity Managers is an independent, partner-owned asset manager, not a family office. It manages institutional capital — predominantly from Dutch pension funds — through segregated mandates and pooled vehicles. The firm's principals own the equity of the management company, but the assets under management belong entirely to external clients.
What investment stages and asset classes does Anthuri target?
Anthuri targets mid-market infrastructure (primarily operational and late-stage greenfield renewable energy projects), core and value-add real estate in the Netherlands, and lower-mid-market private equity buyouts in the Benelux and Germany. The firm avoids seed-stage venture capital and purely speculative development projects. Infrastructure co-investments dominate the portfolio by capital deployed.
Does Anthuri participate in fund commitments or only direct deals?
Anthuri does both. The firm makes primary fund commitments to select private equity and infrastructure managers, then often follows those commitments with direct co-investments alongside the same managers. This dual approach allows Anthuri to negotiate fee discounts and co-investment rights for its institutional clients, lowering overall program costs.
What is Anthuri's known posture on ESG and energy-transition investing?
Energy transition is central to Anthuri's strategy, not a separate overlay. The firm's infrastructure portfolio concentrates on solar, onshore wind, district heating, and energy-from-waste assets. Anthuri views these as long-duration, regulated-return investments suited to pension liabilities, not as concessionary impact allocations. The firm complies with Dutch SFDR requirements for its institutional mandates.
How is Anthuri compensated, and what is the potential for conflicts of interest?
Anthuri charges management fees on assets under advisement and may earn carried interest on direct co-investments, depending on the mandate. Its role as a gatekeeper and co-investment aggregator for Dutch pension funds introduces a potential conflict: the firm could favor managers that offer co-investment fee waivers. Anthuri addresses this through fiduciary agreements that require prior client consent for any side arrangements with GPs.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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