Pensioenfonds Zorg en Welzijn (PFZW), the Dutch pension fund for the care and welfare sector and the second largest pension fund in the Netherlands, has committed €250 million ($264 million) to Amvest Living & Care Fund.
Amvest Living & Care Fund invests in care homes for the elderly in the Netherlands. The fund qualifies as an article 8 product under the SFDR.
PFZW’s commitment will help deliver 340 care homes and various facilities for seniors with light-to-medium care needs, as well as those in need of full-time care, according to reports. The first homes are expected to be delivered at the beginning of 2026.
PFZW has now invested a total of €500 million ($528 million) in the healthcare fund.
The Amvest Living & Care Fund is currently not open to new investors.