# Pensioenfonds POB

Pensioenfonds POB is a Pension Fund based in Heerlen, Netherlands.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Heerlen, Netherlands
- **Region:** Europe
- **Address:** P.O. Box 4471, 6401 CZ Heerlen, Netherlands
- **Founded:** 1968
- **Assets under management:** 7101 (Altss estimate)
- **Website:** www.bpfl.nl
- **LinkedIn:** https://www.linkedin.com/company/bedrijfstakpensioenfonds-levensmiddelen

## Regulatory record

- **Reports private funds:** No

## About

Pensioenfonds POB was established on November 1, 1968, as the pension vehicle for the Dutch grocery sector. It serves current and former employees plus survivors through a defined benefit structure. The fund operates from Heerlen and works with employer and union representatives on the board. The portfolio mixes private real estate through Altera Vastgoed, residential mortgages via Achmea, and fixed income mandates at Robeco. Additional allocations include emerging markets equities at Amundi, global government bonds at LGIM, and public equities at State Street Global Advisors. Geographic exposure centers on the Netherlands and broader Europe, with smaller positions in global and emerging markets. The fund also maintains a relationship with the Stichting Sociaal Fonds Levensmiddelenbedrijf for sector social benefits. Assets total 7.1 billion USD. The fund employs external administrators including AZL and Northern Trust as global custodian. It belongs to the Pensioenfederatie. In December 2024 the fund hosted a webinar on the transition to the new Dutch pension system known as Wtp. Board composition reflects the industry tripartite model with seats for employers represented by Vakcentrum, unions FNV and CNV, and independent members. This structure ties investment oversight directly to the grocery sector stakeholders rather than a standalone investment office.

## Sectors

- Real Estate
- Fixed Income
- Equities

## People

- L.T.M. de Leede — Board member and chair of investment committees
- Harrie ten Have — Erevoorzitter of Vakcentrum

## Questions

### Who runs investment decisions at Pensioenfonds POB?

L.T.M. de Leede serves as board member and chair of the investment committees. The board also includes representatives from Vakcentrum, FNV and CNV.

### Does Pensioenfonds POB participate in fund commitments or only direct deals?

The fund holds direct positions in Dutch residential and retail real estate via Altera Vastgoed and in mortgages via Achmea. It also uses external mandates for fixed income and equities.

### How is Pensioenfonds POB related to Vakcentrum?

Vakcentrum acts as the employers' association and holds a seat on the board representing grocery sector employers.

### What asset classes receive allocations?

Allocations include private real estate, residential mortgages, European government and corporate bonds, emerging markets equities, and global public equities.

### Which service providers support operations?

AZL serves as pension administrator and Northern Trust as global custodian. Investment managers include Robeco, Achmea Mortgages, Amundi, LGIM and State Street Global Advisors.

## Related profiles

- [Corewell Health](https://altss.com/profile/corewell-health)
- [Helmsley Charitable Trust](https://altss.com/profile/the-leona-m-and-harry-b-helmsley-charitable-trust)

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

Canonical page: https://altss.com/profile/pensioenfonds-pob

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