KLM Cabin Crew Pension Fund

KLM Cabin Crew Pension Fund

The KLM Cabin Crew Pension Fund operates as a private-sector pension fund in the Netherlands. It provides schemes for KLM cabin personnel and is managed by its members. The fund was established to serve this specific employee group. Allocation data shows 6.68 percent in private equity against a 4 percent target. Real estate holdings include positions in LaSalle Encore+, Prologis European Logistics Fund, CBRE Pan European Core Fund, PGIM PRISA LP, RREEF America REIT II and Lion Industrial Trust. These span Europe and the United States. The fund also holds an interest in Neuberger Berman Private Equity Fund. The fund employs Blue Sky Group as asset manager and administrator since 1999. It maintains memberships in VBDO, Netspar and Pensioenfederatie. In 2023 the fund attended the VBDO Responsible Investment Benchmark and the Financial Investigator Private Markets Seminar. One-third ownership of Blue Sky Group Holding B.V. creates a shared operational platform with Stichting Algemeen Pensioenfonds KLM and Stichting Pensioenfonds Vliegend Personeel KLM.