- Dutch pension asset manager PGGM, on behalf of Pensioenfonds Zorg en Welzijn (PFZW), has invested in Momo Medical.

PGGM is one of a handful of investors that have invested €6.5m in a round of new financing for the company. The Delft-based company wants to use the capital to finance an ambitious growth strategy, which will see Dutch nursing care beds double to 30,000 where care is supported by the Momo App.

- The Dutch Pension Federation has said pension funds are ready to invest in the Dutch housing market, following the Netherlands’ latest Budget, which includes the construction of 100,000 homes per year.

Commenting, Dutch Pension Federation chairman, Ger Jaarsma, said pension funds are not only financial but also social and societal organisations that like to see investments yield social and societal returns, in addition to a good investment return.

“In the Netherlands, we are facing a number of major social challenges. Among other things, in the area of the housing market. This will require substantial investments in the coming years. Provided that there is a healthy return for workers and pensioners, pension funds can and want to contribute to this. However, this requires the right scale, structure and organisation. The government can and must take on a governing role in this. We would therefore like to continue discussions on this subject with all parties involved and look forward to a constructive dialogue at the national housing summit.”

- Finnish earnings-related pension provider Ilmarinen has issued a flagging notification as its shares of Canatu Corporation exceeded the 5 per cent

Ilmarinen was involved in the merger of Lifeline SPAC I Plc and Canatu Oy on 16 September 2024, as a result of which Ilmarinen's shareholding in the combined Canatu Oy increased to 5.31 per cent. Ilmarinen now holds 96,247 A shares and 1,731 398 C shares, which will subsequently be converted into A shares. The combined company Canatu Oyj is listed on the First North list of the Helsinki Stock Exchange.

---