# VIVAQUA

VIVAQUA is a Pension Fund based in Brussels, Belgium.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Brussels, Belgium
- **Region:** Europe
- **Address:** Boulevard de l'Impératrice 17-19, 1000 Brussels, Belgium
- **Founded:** 2010
- **Assets under management:** Undisclosed
- **Website:** www.vivaqua.be
- **LinkedIn:** https://www.linkedin.com/company/vivaqua

## Regulatory record

- **Reports private funds:** No

## About

Hydralis was formed in 2010 to manage retirement assets tied to the merged water utility. Ownership rests with 19 Brussels municipalities. The fund allocates to private equity and maintains a JP Morgan mandate for unlisted assets. Confirmed holdings include Impact Finance Belgium Fund and a portfolio of real estate and infrastructure. Geographic exposure centers on Belgium with additional positions across Europe. VIVAQUA controls 3,112 km of drinking water pipes and 1,900 km of sewers plus 33 stormwater basins. It owns Empress Court headquarters, Château de Modave, and industrial facilities including Usine à coques. JP Morgan has advised since 2019. The firm maintains two foundations that fund water projects abroad and bill assistance locally. Governance flows through the intermunicipal structure owned by the Brussels municipalities.

## Sectors

- Infrastructure

## Questions

### Who owns VIVAQUA?

VIVAQUA is an intermunicipal association owned by 19 Brussels municipalities.

### What asset classes does Hydralis allocate to?

Allocations include private equity at 12 percent and unlisted assets under a JP Morgan mandate.

### Does VIVAQUA invest directly in operating businesses?

Yes. It holds a limited partner position in Impact Finance Belgium Fund through Hydralis.

### What real assets does VIVAQUA control?

Direct holdings include Empress Court headquarters purchased in 2018, Château de Modave, and multiple water production and sewer facilities.

### How is VIVAQUA related to Hydrobru?

Hydrobru merged with Vivaqua in 2018 to consolidate water services in Brussels.

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- [SVM Asset Management](https://altss.com/profile/svm-asset-management)
- [Alameda-Contra Costa Transit District Retirement System](https://altss.com/profile/alameda-contra-costa-transit-district-retirement-system)

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

Canonical page: https://altss.com/profile/vivaqua

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