Pension Fund

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Stichting Pensioenfonds Rockwool

The fund was established in 1977 to serve employees of Rockwool B.V., the Dutch operating entity of the Danish-headquartered Rockwool International A/S.

Stichting Pensioenfonds Rockwool logo

Stichting Pensioenfonds Rockwool

The fund was established in 1977 to serve employees of Rockwool B.V., the Dutch operating entity of the Danish-headquartered Rockwool International A/S. Its board reflects the Dutch pension governance model — employer representatives E. Donders and John Ruijters, the latter Rockwool's Finance Director, sit alongside employee representative E. Bosman and retiree delegates from the Vereniging van Gepensioneerden van Rockwool (VvGR). Strategy runs through a two-portfolio framework split between a Matching Portfolio and a Return Portfolio. The Matching Portfolio allocates to investment-grade bonds and liability-matching mandates, including vehicles from Goldman Sachs Asset Management, focused on the Netherlands and Europe. The Return Portfolio tilts toward global equities and real estate — indirect holdings via Northern Trust Developed Real Estate Index Fund and a separate Real Estate Index Fund provide global property exposure. Altss estimates total assets at approximately $450 million. The fund participates in the Pensioenfederatie, the Dutch industry association. Board Secretary Frank Reuling handles operational governance, while the investment committee under van Pol oversees manager selection — though exact team size is not publicly disclosed. Structurally, the fund is a classic Dutch closed industry-wide pension fund, tied exclusively to a single corporate group. Unlike many peers that have consolidated into general pension funds (APFs), Rockwool's scheme retains its independent board and employer-specific identity.

General information

Firm type

Pension Fund

Year founded

1977

Location

Region

Europe

Country

Netherlands

City

Heerlen

Corporate office

Heerlen, Limburg, Netherlands

Principals

Lodewijk van Pol

Board Member and Chairman of the Investment Committee

E. Donders

Chairman of the Board (Employer Representative)

John Ruijters

Board Member and Finance Director at Rockwool

E. Bosman

Secretary of the Board (Employee Representative)

Frank Reuling

Board Secretary

Sector focus

Real EstateFixed Income

Frequently asked questions

Who runs investment decisions at Stichting Pensioenfonds Rockwool?

Lodewijk van Pol chairs the investment committee and holds board membership. John Ruijters, Finance Director at Rockwool, also serves on the board, linking investment governance directly to the sponsoring employer.

How is the fund's portfolio structured?

The fund separates its assets into a Matching Portfolio — primarily bonds and liability-driven mandates, including Goldman Sachs duration funds — and a Return Portfolio, which captures global equities and real estate index exposure.

How is Stichting Pensioenfonds Rockwool related to Rockwool International?

The pension fund was created in 1977 for Dutch employees of Rockwool B.V., which is the local operating entity fully owned by the publicly traded Rockwool International A/S, the stone-wool insulation manufacturer headquartered in Denmark.

Is the fund open to new employers outside the Rockwool group?

No. It operates as a closed industry-wide pension fund. Membership and contributions are tied exclusively to employment within the Rockwool B.V. entity in the Netherlands.

What is the fund's known posture on alternative investments?

Publicly identifiable holdings skew toward traditional fixed-income and equity index vehicles, with no listed private equity, infrastructure, or hedge fund commitments visible in available data (per Altss research).

Profile maintained by 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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