Domestic and foreign financial markets are constantly in flux. Investment management requires a flexible market approach to address this. Houthoff's multi-disciplinary Investment Management Team has the necessary experience and expertise. Our firm represents both institutional investors and asset managers, giving our specialists an unparalleled understanding of this complex financial playing field. As one of the few Dutch investment management experts, we integrate legal, tax and notarial knowledge with a comprehensive knowledge of the sector. Our Investment Management Team has extensive experience with asset pooling, investment institutions (including private equity funds, hedge funds, real estate funds, retail funds - UCITS and non-UCITS - and funds of funds) and regulations relating to collective asset management.

  • “A client stated that 'Houthoff provides excellent service with excellent breadth and depth of team'.”
    Chambers Europe, Investment Funds (2024 Edition)
  • "A client mentioned: ‘A forward-thinking team with good industry knowledge and a high level of legal expertise’."
    Legal 500, Investment Funds (2024 Edition)
  • "A client highlights that the Houthoff team 'has immense expertise and great awareness of market practice. They acted as a one-stop shop and were able to pinpoint all commercial and legal concerns'."
    Chambers Europe, Investment Funds (2023 Edition)
  • "One client mentions: 'One of the great powers of this team is that they understand the business quite well. I find this extremely helpful'."
    Chambers Europe, Investment Funds (2023 Edition)
  • "A client says: 'Houthoff was able to respond in a very efficient and comprehensive manner, making it easy for us as clients to understand and act on it quickly'."
    Chambers Europe, Investment Funds (2023 Edition)
  • "A client mentioned: 'The diversity within the team ensures there is a great fit for each problem. Regardless of if you need a pitbull or someone who brings parties closer together' ."
    Legal 500, Investment Funds (2023 Edition)
  • "One client said: 'We asked Houthoff to provide legal advice and notarial services with regard to asset management services and investment funds. The work was particularly difficult and complex and Houthoff provided a very good service. They outperform other Dutch law firms with regard to their knowledge on investment funds/entities' ."
    Legal 500, Investment Funds (2023 Edition)
  • First Tier firm
    Chambers Europe, Investment Funds (2022 Edition)
  • “One client compliments the work quality as the team is made up of ‘highly-qualified lawyers who are quick, practical and have good knowledge’.”
    Chambers Europe, Investment Funds (2022 Edition)
  • “Not only do they have many fund managers as their client but they also represent many institutional investors such as pension funds and insurance companies who invest in investment funds so they see both sides of the coin!”
    Legal 500, Investment Funds (2022 Edition)
  • “A client opines: ‘The Houthoff Investment Fund practice is top-notch,’ and particularly highlights the firm’s presence in London, adding that this ‘has really proven an added value for us.’”
    Chambers Europe, Investment Funds (2021 Edition)
  • “A clients asserts that the team’s lawyers ‘stand out because of their dedication, accuracy and knowledge.’”
    Chambers Europe, Investment Funds (2021 Edition)
  • “The team is very involved in all requests made. They are very dedicated.”
    Legal 500, Investment Funds (2021 Edition)
  • “This Houthoff team performs at top speed with worthwhile advice. The team has three levels; normal business at normal price, difficult advice and support at serious price and top quality from the Partner himself. The internal checks are efficient and fast, the services of the entire team are top.”
    Legal 500, Investment Funds (2021 Edition)

Our expertise in investment management

Investment institutions are subject to strict regulatory laws and regulations. Our Investment Management Team has an unparalleled understanding of this complex web of legal requirements. They provide our clients with strategic and practical advice on setting up, structuring and restructuring investment institutions. Our specialists also regularly advise asset managers, pension funds and other institutional investors on discretionary and fiduciary asset management and asset pooling.

To be able to offer strategic solutions, our investment management specialists work closely with experts in areas such as real estate, private equity, and banking & finance. In cross-border transactions, we work with other lawyers from Lex Mundi, the most exclusive global network of law firms.

  • Assisted the Salvation Army in setting up the investment fund 'Stichting Leger des Heils WoonVermogen' for construction projects that make a social impact. The 'Stichting Leger des Heils WoonVermogen' is funded by private investors and aims to build 250 residences for vulnerable people in the coming years.
  • Advised GLP Pte Ltd on setting up their investment fund structure through the Netherlands (inter alia by setting up a Dutch AIFM branch).
  • Advised Hof Capital on forming a new Dutch investment fund called 'HC Woningen'. It is formed as a Dutch fund for joint account (fonds voor gemene rekening) and invests in residential real estate in the Netherlands.
  • Advised A.S.R. on the formation of a large Dutch investment fund called A.S.R. Dutch Science Park Fund. The fund is formed as a Dutch fund for joint account (fonds voor gemene rekening) and invests in properties on science parks in the Netherlands.
  • Advised De Utrechtse Fondsen CV (UFCV), a large Dutch investment fund (AIF) set up as a Dutch limited partnership, and its five institutional investors on the sale of its entire residential real estate portfolio (1352 residential properties) to the Amvest Residential Core Fund.
  • Houthoff has recently been retained by ABP, the largest pension fund in the Netherlands, to advise on all investment management related matters concerning its relationship with APG, including several Dutch investment funds managed by APG. The Houthoff team is led by Oscar van Angeren and Daan Horsthuis.

  • Houthoff advised Stichting Bedrijfspensioenfonds voor het Bakkersbedrijf (Bpf Bakkers), a Dutch pension fund managing assets of approximately EUR 3.5 billion, on the appointment of NN Investment Partners as their new integrated fiduciary asset manager. This transaction involved the preparation and negotiations of a fiduciary management agreement under Dutch law based on Bpf Bakker's own template.
  • Houthoff advised Stichting Bedrijfstakpensioenfonds voor de Zuivel en de industrie ("Bpf Zuivel") on the following legal matters:
    (i) the delegation of Bpf Zuivel's asset management to BNP Paribas Investment Partners Netherlands N.V. by means of an investment management agreement;
    (ii) the outsourcing of Bpf Zuivel's pensions management to Syntrus Achmea Pensioenbeheer N.V. by means of a pensions management agreement; and
    (iii) the appointment of Kas Bank N.V. as Bpf Zuivel's custodian by means of a custody agreement.
  • Continuing to advise the Transport Industry Pension Fund, with assets under management of approx. € 17 billion, on, inter alia:
    (i) their asset pooling structure, including the implications of the AIFMD;
    (ii) their fund investments (private equity and real estate funds);
    (iii) their custody contracts with Northern Trust Global Advisors;
    (iv) the continuing appointment of new asset managers (approx. 30); and
    (v) their ISDA contracts.
  • Advising the Pension Fund for the Medical Specialists, with assets under management of more than € 8 billion on, inter alia:
    (i) their custody contracts with JP Morgan;
    (ii) their fiduciary asset management contract with BlackRock;
    (iii) their ISDA contracts; and
    (iv) their fund investments.
  • Houthoff advised Stichting Bedrijfstakpensioenfonds voor de Bouwnijverheid (BpfBOUW), the fourth largest pension fund in the Netherlands, managing assets of approximately EUR 55 billion, on several legal matters concerning its relationship with APG. The advice pertained to, among other things, the legal documentation of the asset management, fund management and fiduciary and other advisory services provided by APG to BpfBOUW on an ongoing basis.
  • Houthoff advised VSB Vermogensfonds on the appointment of NN Investment Partners (NN IP) as their new integrated (fiduciary) asset manager. The work included the preparation of, and negotiations about, a complex Dutch law fiduciary management agreement.
  • Advised Stichting-Telegraafpensieonfonds 1959, a Dutch pension fund with assets under management of approximately EUR 1.2 billion, on the appointment of NN Investment Partners (NN IP) as their new integrated (fiduciary) asset manager. The work included the preparation of, and negotiations about, a complex Dutch law fiduciary management agreement.
  • Advised CBRE Global Investment Partners, part of one of the world’s premier, full-service commercial real estate services and investment companies, on setting up a Dutch fund targeting European co-investment and joint venture strategies, having raised a total of USD 840 million of equity sourced from six investors.
  • Advised Stichting Pensioenfonds Campina, a Dutch pension fund with assets under management of approximately EUR 1.4 billion, on the renewal of its contractual relationship with Goldman Sachs Asset Management International. The work included the preparation of, and negotiations about, a complex Dutch law fiduciary management agreement based on the pension fund's own ‘template’.

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