Updated:
KAS BANK Pension Fund
KAS BANK Pension Fund originated as the retirement plan for staff of KAS BANK N.V. After the 2019 acquisition by Caceis, the scheme became a closed population...
KAS BANK Pension Fund
KAS BANK Pension Fund originated as the retirement plan for staff of KAS BANK N.V. After the 2019 acquisition by Caceis, the scheme became a closed population vehicle with no new entrants. Assets sit at roughly $405 million and are deployed across five external mandates. The portfolio mixes a liability-driven bond and swap sleeve managed by Goldman Sachs Asset Management, a global equity impact strategy at Cardano, sustainable credit exposure through NN L Euro Sustainable Credit, emerging-market debt at Amundi, and Dutch residential mortgages via a.s.r. hypotheekfonds. Geographic reach centers on the Netherlands and broader Europe, with smaller allocations to global emerging markets. Ticket sizes range from $20 million to $100 million. The fund belongs to the Dutch Pensioenfederatie and retains Caceis Bank Netherlands Branch as custodian. No additional offices exist. The board has shifted from a restrictive impact policy to a lighter sustainable framework to limit tracking error. Governance rests with a four-person board drawn from Caceis and external advisers; investment decisions flow through Montae & Partners and the named asset managers rather than an internal CIO.
General information
Firm type
Pension Fund
Location
Region
Europe
Country
Netherlands
City
Amsterdam
Corporate office
De Entree 500, 1101 EE Amsterdam, Netherlands
Principals
Pieter van der Wal
Chairman of the Board
Pol de Jaeger
Secretary of the Board
Larissa Gabriëlse
Board Member
Wijnanda Rutten
Board Member
Sector focus
Frequently asked questions
Who runs investment decisions at KAS BANK Pension Fund?
The board delegates manager selection and oversight to Montae & Partners. Day-to-day mandates sit with Goldman Sachs Asset Management, Cardano, Amundi, and a.s.r. vermogensbeheer.
Is KAS BANK Pension Fund structured as a single family office or does it operate more like a venture firm?
It is a closed private-sector pension scheme, not a family office or venture vehicle. Capital deployment follows a traditional multi-manager pension model with external mandates.
Does KAS BANK Pension Fund participate in fund commitments or only direct deals?
The fund holds units in external pooled vehicles and one mortgage fund. No direct co-investments or single-name private equity positions appear in current holdings.
What investment stages does KAS BANK Pension Fund typically target?
The scheme focuses on liquid and semi-liquid strategies with a one-to-three-year horizon. It does not target venture, growth equity, or other illiquid private-market stages.
Where does the underlying wealth come from?
Assets derive from contributions made by KAS BANK N.V. on behalf of its Dutch employees prior to the 2019 sale to Caceis.
How is KAS BANK Pension Fund related to Caceis Bank?
Caceis acquired KAS BANK in 2019 and now serves as both the employer of the remaining scheme members and the custodian for the fund.
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.
Need institutional-grade insight on pension funds?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: