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Pensioenfonds van de Metalektro (PME)
Pensioenfonds van de Metalektro (PME) serves workers in the Netherlands metal and electronics industries through a multi-employer defined benefit structure.
Pensioenfonds van de Metalektro (PME)
Pensioenfonds van de Metalektro (PME) serves workers in the Netherlands metal and electronics industries through a multi-employer defined benefit structure. Employers' association FME and five trade unions nominate the board. No founding year or individual wealth creator is attached to the plan. The fund allocates across infrastructure, real estate and technology. Confirmed positions include direct ownership of a Dutch mid-rental housing portfolio valued at $964 million, minority interests in European and U.S. property funds, a forestry portfolio managed by Red Mountain, and commitments to Innovation Industries III, DeeptechXL, Effect Photonics, Axelera AI and Nearfield Instruments. Geographic exposure spans the Netherlands and broader Western Europe. Assets total $60 billion. MN acts as long-term investment advisor. TKP has served as pension administrator since 2022. Additional providers include Orange Clover Law, KPMG, Candriam and BlackRock. In May 2024 the fund spoke at the IPE Conference on the transition to new pension schemes and illiquid asset allocation. PME participates in Eumedion for corporate governance matters and has signed the Montreal Pledge, PCAF and IIGCC frameworks. These memberships shape its approach to carbon accounting and climate-related engagement with portfolio companies.
General information
Firm type
Pension Fund
Year founded
1947
Location
Region
Europe
Country
Netherlands
City
The Hague
Sector focus
Frequently asked questions
Who nominates board members at PME?
Employers' association FME and trade unions FNV Metaal, CNV Vakmensen, De Unie and VHP2 nominate board members.
Does PME invest directly or through external managers?
PME holds both direct assets, such as its Dutch mid-rental housing portfolio, and commitments to external managers in property funds, forestry and technology vehicles.
What asset classes does PME allocate to?
Allocations include infrastructure, real estate, forestry and late-stage technology companies in the Netherlands and Western Europe.
Which public equity positions has PME disclosed?
PME holds long equity positions in ASML Holding and NXP Semiconductors, reflecting its representation of semiconductor-sector workers.
What climate-related commitments has PME made?
PME participates in the Montreal Pledge, PCAF and IIGCC to measure and disclose portfolio carbon footprints.
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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