Economy
ABP Pension Fund to Invest One Billion Euros in European High-Growth Companies
The ABP pension fund plans to invest 1 billion euros over three years in European technology companies, starting with 250 million euros in the Scaleup Europe Fund. ABP CEO Harmen van Wijnen stated the move aims to keep innovation and jobs within Europe, following a previous withdrawal of funds from US markets. Prince Constantijn welcomed the investment, which aligns with advice from former ASML executive Peter Wennink to strengthen Europe's technological sector.
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