Fund to back companies addressing climate change, biodiversity loss, healthy nutrition, and good health.
€225M already committed by Dutch pension funds; fund remains open to new institutional investors.
Partnership with Neuberger Berman to focus on co-investments in buy-out and growth private equity.
Achmea Investment Management has launched the Achmea IM PE Partnership Fund – Healthy People & Planet 2025, a private equity impact fund aimed at delivering both competitive returns and measurable social and environmental benefits.
The closed-end fund, with a target size of €250 million and a 10–12 year term, will invest in companies that intentionally contribute to climate action, biodiversity protection, healthy nutrition, and improved health outcomes. It has been designed specifically for Dutch pension funds and institutional investors seeking cost-efficient access to private equity impact investments.
Several pension funds have already committed €225 million toward the first close. The fund remains open to additional institutional investors, with initial investments expected in the fourth quarter of 2025.
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Achmea IM has appointed Neuberger Berman Private Markets as its investment partner, bringing extensive experience in private equity impact investing. The strategy will center on co-investments, with a focus on the buy-out and growth segments of the market.
“There is enormous interest in impact investing among our clients and we’re proud to have set up this impact fund with them,” said Maureen Schlejen, Chair of the Achmea IM Board. “Collaboration is key as far as we’re concerned: it accelerates impact and increases scale. This fund offers pension funds and other institutional investors the opportunity to contribute to the goal of healthy people in a healthy society at a return that is in keeping with market rates.”

The fund’s approach combines financial performance with tangible impact, targeting companies well-positioned to address some of the world’s most pressing social and environmental challenges.
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