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TNO Pension Funds
TNO Pension Funds was established in 1941 to serve researchers and scientists employed by TNO. The sponsoring employer relationship remains the sole disclosed...
TNO Pension Funds
TNO Pension Funds was established in 1941 to serve researchers and scientists employed by TNO. The sponsoring employer relationship remains the sole disclosed source of plan participants. The fund allocates across public equities, fixed income, real estate and private markets. Current private-equity exposure stands at 12.5 percent against a 10 percent target. Confirmed holdings include minority positions in Simon Property Group, Regency Centers, Avalonbay Communities, Derwent London and Safestore, plus a Dutch residential mortgages portfolio. Additional commitments run to Innovation Industries, Notion Capital, PhotonDelta, DeepTechXL and Forbion. The organization employs nine professionals and maintains memberships in UNPRI, Eumedion, VBDO, Pensioenfederatie and GREEN. Service providers include Cardano for ESG advice, Wilshire for private-markets consulting, Northern Trust as custodian and BlackRock and Nomura as investment managers. Governance rests with a board chaired by Nancy Westerlaken and a supervisory board that includes Theo Camps. Investment decisions flow through the CIO office under Hans de Ruiter.
General information
Firm type
Pension Fund
Year founded
1941
Location
Region
Europe
Country
Netherlands
City
Rijswijk
Corporate office
Laan van Zuid Hoorn 165, Rijswijk, South Holland, Netherlands, 2289 DD
Principals
Hans de Ruiter
Chief Investment Officer
Nancy Westerlaken
Chair of the Board
Theo Camps
Member of the Supervisory Board
Sector focus
Frequently asked questions
Who runs investment decisions at TNO Pension Funds?
Hans de Ruiter holds the Chief Investment Officer title and oversees portfolio construction. The board chaired by Nancy Westerlaken sets overall policy.
Does TNO Pension Funds participate in fund commitments or only direct deals?
The fund acts as a limited partner in multiple venture vehicles including Innovation Industries, Notion Capital and Forbion.
What asset classes receive the largest allocations?
Public equities, fixed income and real estate form the core book, with private equity currently at 12.5 percent of assets.
Which regions appear in the real-estate holdings?
Listed REIT positions span the United States and United Kingdom, supplemented by a domestic Dutch mortgages portfolio.
How is TNO Pension Funds related to its sponsoring employer?
TNO, the Netherlands Organisation for Applied Scientific Research, remains the sole disclosed sponsoring employer whose staff constitute the plan membership.
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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