KPN Pension Fund has increased its current commitment of €15 million ($18 million) to the ASR Dutch Science Park Fund by an additional €30 million ($35 million). Advised by Aegon Asset Management, KPN Pension Fund has been a participant in the fund since September 2021. The fund invests in office and laboratory buildings located on science parks in the Netherlands. The ASR Dutch Science Park Fund positively contributes to the Dutch knowledge economy by accommodating companies engaged in research and development within science park ecosystems. In doing so, the fund supports companies working on the UN Sustainable Development Goals (UN SDGs).
Caspar Vlaar, chair of the investment committee at KPN Pension Fund, stated, “Investing with a positive and measurable social and/or environmental impact, alongside a market-rate financial return, is a key component of our investment policy. We aim to allocate 5 percent of our portfolio to impact investments by the end of 2026. Our l