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Stichting Will Niemeijer Pensioenfonds
The fund was created to serve employees of Koninklijke Theodorus Niemeyer BV, a historic Dutch tobacco manufacturer founded in 1813. Will Niemeijer, a...
Stichting Will Niemeijer Pensioenfonds
The fund was created to serve employees of Koninklijke Theodorus Niemeyer BV, a historic Dutch tobacco manufacturer founded in 1813. Will Niemeijer, a descendant of the founding family, gave his name to the vehicle. BAT's 1999 acquisition of the sponsor fundamentally altered the fund's trajectory, eventually eliminating the need for a standalone company pension fund. Historical investment allocations are not publicly documented. As a Dutch company pension fund, it would have operated under the Pensioenwet regulatory framework, likely maintaining a typical Netherlands defined-benefit mix of fixed income, listed equities, and alternative investments. An "Alternative Investment Portfolio" entity was recorded in the Netherlands, suggesting some private-market exposure before wind-down commenced. The fund had no employees of its own; administration and asset management were outsourced to external providers, customary for Dutch company pension funds of its size. May 2025: De Nederlandsche Bank confirmed the fund's liquidation date of July 24, 2025, marking the formal end of the entity. The defining structural feature is its terminal state. Stichting Will Niemeijer Pensioenfonds is not a going concern — it is a pension fund in liquidation, with all liabilities either transferred to another vehicle or settled. For allocators, this means no mandate exists to analyze, no management team to diligence, and no deployment cycle to track.
General information
Firm type
Pension Fund
Year founded
1979
Location
Region
Europe
Country
Netherlands
City
Heerlen
Corporate office
Heerlen, Netherlands
Frequently asked questions
Who runs investment decisions at Stichting Will Niemeijer Pensioenfonds?
There is no active investment team. The fund is in liquidation per De Nederlandsche Bank, with dissolution scheduled for July 24, 2025. All investment functions were historically outsourced to external managers and administrators, standard for a Dutch company pension fund of its size.
How is Stichting Will Niemeijer Pensioenfonds related to British American Tobacco?
BAT acquired the original sponsor, Koninklijke Theodorus Niemeyer BV, in 1999. The pension fund carried BAT Niemeyer as a founding entity in public records, though the fund itself remained a legally separate Dutch stichting. BAT's acquisition ultimately eliminated the need for a standalone fund.
Does Stichting Will Niemeijer Pensioenfonds still manage capital?
No. The fund is in terminal liquidation with a confirmed dissolution date of July 24, 2025. No active mandates or investment programs remain. All remaining assets were either transferred or distributed to meet outstanding obligations.
What kind of investments did Stichting Will Niemeijer Pensioenfonds hold?
Specific portfolio composition has never been publicly disclosed. As a Netherlands company pension fund operating under Pensioenwet regulations, it likely maintained a standard defined-benefit mix of fixed income, listed equities, and limited alternatives. Dutch records indicate a registered Alternative Investment Portfolio, suggesting some private-market exposure.
Who is Will Niemeijer?
Will Niemeijer was a member of the family that founded and built the Niemeyer tobacco business in the Netherlands. The company, Koninklijke Theodorus Niemeyer BV, dates to 1813. The pension fund was named for him as a prominent figure in the family lineage.
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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