# Hoogovens Pension Fund

Hoogovens Pension Fund is a Pension Fund based in Velsen-Noord, Netherlands.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Velsen-Noord, Netherlands
- **Region:** Europe
- **Address:** Dudokhuis (3H-18) Wenckebachstraat 1, 1951 JZ Velsen-Noord, Netherlands
- **Founded:** 2002
- **Assets under management:** Undisclosed
- **Website:** pfhoogovens.nl
- **LinkedIn:** https://www.linkedin.com/company/stichting-pensioenfonds-hoogovens

## Regulatory record

- **Reports private funds:** No

## About

Stichting Pensioenfonds Hoogovens was founded in 2002. Its sponsor is Tata Steel Nederland. The fund manages retirement assets for employees and former employees associated with the steel operations and related trade unions. The portfolio allocates across real estate, equities, commodities and mortgage funds. Confirmed holdings include a minority stake in Altera Vastgoed N.V., a joint venture originally formed with KLM Pension Funds in 2000. Additional positions cover the Nederlands Hypotheken Fonds, the Aegon Dutch Mortgage Fund and a commodity derivatives book sized at roughly 5 percent of assets. Geographic exposure centers on the Netherlands with supplementary equity holdings in India, Norway and Italy. The fund reported invested capital of 10.55 billion euros as of early 2026. It maintains memberships in PensionsEurope, Pensioenfederatie, INREV and PRI. Toine van der Stee became Chairman of the Board in January 2024. The fund is preparing for the transition to the new Dutch pension system. Governance is structured around a board of trustees with oversight from the sponsoring employer Tata Steel Nederland and participant representation through the Association of Former Hoogovens Employees.

## Sectors

- Diversified

## People

- Toine van der Stee — Chairman of the Board
- Janwillem Bouma — Chairman of the Board of Trustees

## Questions

### Who runs investment decisions at Hoogovens Pension Fund?

The board of trustees, chaired by Toine van der Stee since January 2024, holds responsibility for investment oversight. External advisors including Columbia Threadneedle and Achmea Investment Management provide engagement and allocation support.

### Does Hoogovens Pension Fund participate in fund commitments or only direct deals?

The fund holds both direct real estate assets through Altera Vastgoed and limited partner interests in funds managed by Oaktree Capital Management and Macquarie Asset Management.

### What is Hoogovens Pension Fund's known posture on co-investments alongside external GPs?

The fund has executed co-investments in real estate via the Altera Vastgoed joint venture originally formed with KLM Pension Funds.

### How is Hoogovens Pension Fund related to Tata Steel Nederland?

Tata Steel Nederland serves as the sponsoring employer and founder of the pension fund.

### Which sectors does Hoogovens Pension Fund explicitly avoid?

No explicit sector exclusions are stated in the records reviewed.

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- [Samsung Heavy Industries](https://altss.com/profile/samsung-heavy-industries)
- [PKB Privatbank](https://altss.com/profile/pkb-privatbank)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/hoogovens-pension-fund

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