LGT Capital Partners appointed by Shell pension fund investors to manage private equity and infrastructure assets
19 mei 2023
- LGT Capital Partners (LGT CP) appointed as exclusive private equity and infrastructure provider for multi-billion EUR portfolio
- Team of six investment professionals to join LGT CP in new presence in The Hague, Netherlands, the firm’s 15th office globally
LGT Capital Partners (LGT CP), a leading alternative investment manager headquartered in Switzerland, has been appointed by Shell Asset Management Company (SAMCo) to provide management and advisory services for its private equity and infrastructure assets for five of its pension fund clients as of 1 June 2023.
In conjunction with the appointment, LGT CP further expands its geographical footprint and opens a new presence in The Hague, Netherlands, marking the firm’s 15th office globally. The opening underlines the importance of the Dutch market and strengthens the firm’s proximity to private market and alternatives investors in the Netherlands. The six investment professionals managing the SAMCo portfolio join the LGT CP organization.
Roberto Paganoni, CEO of LGT CP, said: “The agreement on SAMCo’s private equity and infrastructure portfolio illustrates the consistent focus on building long-term partnerships with our global client base. Thanks to our approach as a principal investor, we believe we are well positioned to accompany SAMCo and the Shell pension funds in achieving their investment objectives. We appreciate the trust placed in us.”
Shell
Shell is een OPF met eind Q4 2022 een belegd vermogen van € 26.158 miljoen waarvan 0% herverzekerd en 0% voor risico deelnemer.
Het fonds heeft een deelnemersbestand met in 2021 5.784 actieve bijdragers en 18.792 pensioengerechtigden. De beleggingen voor risico pensioenfonds hadden in Q4 2022 een rendement van 0%.
Eind Q4 2022 had het fonds een beleidsdekkingsgraad van 139.3% terwijl de vereiste dekkingsgraad op dat moment 116.4% bedroeg. De fiduciair manager van het fonds is Shell Asset Management Company en de pensioenadministratie wordt uitgevoerd door Achmea Pensioenservices.
