Johan van der Ende has been promoted to chief investment officer at PGGM following the departure of Piet Roelandt in May.
Van der Ende has been serving as head of strategy and structured investments at the Dutch fund and is also an influential figure on the European property scene, serving as chairman of the European Association for Investors in Non-listed Real Estate Vehicles since last April.
In a statement, PGGM said Van der Ende would combine the responsibilities of his current position with those of chief investment officer. He reports to PGGM Investments chief executive, Else Bos.
Van der Ende was named by PERE magazine in May as one of the 20 most influential LPs in the world given PGGM’s investments in private equity real estate and his prominent position within INREV.
PGGM has recently restructured and is responsible for the €85 billion ($134 billion) Dutch health care pension fund.