Established in Rotterdam (the Netherlands) in 1929, Robeco is a pure-play asset manager with an active investment style. Robeco offers investment products and services to institutional and private investors worldwide. It has EUR 146 billion in assets under management (at 31 December 2007). The product range encompasses equity and fixed-income investments, money-market and real-estate funds and alternative investments, including private equity, hedge funds and structured products. The various strategies are managed from Rotterdam (head office), Boston, Hong Kong, New York and Paris. To service institutional clients and business clients, Robeco has offices in Bahrain, Belgium, China, Germany, France, Japan, Luxembourg, Poland, Spain, the United States and Switzerland. Robeco is part of Rabobank Group, one of the few retail banks with the highest credit ratings from Moody’s and Standard & Poor’s. Furthermore, within the banking sector, Rabobank has the highest sustainability cluster score, which is used to assess an organization’s environmental and social performance.
Robeco Alternative Investments
Rotterdam and New-York -based business unit Robeco Alternative Investments was established in 2000 and is dedicated exclusively to the development, management and distribution of alternative investment products, such as private equity fund of funds, fund of hedge funds, hedge funds, commodities, real estate, sustainable investments (SAM Group) and structured products. As at December 31, 2007, Robeco Alternative Investments had EUR 15 billion of assets under management.
Robeco Private Equity
Robeco Private Equity was founded in 2000 as a professional provider of quality private equity fund-of-funds solutions for institutional and private clients around the world through long term relationships. The establishment of Robeco Private Equity was followed by the launch of its first generation of (mainstream) funds-of-funds, Robeco Global Private Equity and Robeco European Private Equity. These products target top quality private equity funds, globally and across Europe, in each segment of the market: venture capital, mid market capital and large buyout funds. Currently Robeco Private Equity is raising its third generation of mainstream funds-of-funds. In addition to the global and European private equity funds-of-funds, Robeco gained a strong position in the field of sustainability and clean technology with the launch of Robeco Sustainable Private Equity and Robeco Clean Tech Private Equity, the first-ever clean technology fund-of-funds.
Robeco’s private equity team consists of 14 experienced investment professionals supported by the legal and the finance & operations departments. Its senior professionals have on average 12 years of private equity experience and have worked together for many years. Through their long-term presence in the private equity industry, the team has built a strong global network offering access to an extensive number of private equity funds including invitation-only funds.
As of December 31, 2007, Robeco Private Equity managed over USD 2.1 billion in investable capital. The performance of the first generation of private equity fund-of-funds raised in April 2001, Robeco Global Private Equity and Robeco European Private Equity demonstrates the ability to select top performing private equity funds. To date, more than 50% of Robeco-selected funds in the first generation funds-of-funds have generated 1st quartile performance and 85% of the funds have generated at least 2nd quartile performance. Since inception until December 31, 2007, Robeco Global Private Equity generated a net IRR of 19.5% and a net return multiple of 2.14. Robeco European Private Equity has shown a net IRR of 24.6% and a net return multiple of 2.1 (All figures are unaudited. The value of your investment may fluctuate. Results obtained in the past are no guarantee for future results).
Robeco is one of the pioneers of private equity fund-of-funds investing in Europe. We are well-positioned to further strengthen our innovative product offering and continue to generate top-quartile performance for our clients.