Univé Groep has selected Kempen Capital Management (Kempen)* as fiduciary manager for their assets. The contract will take effect on 18 January 2016. Univé’s assets amounts to over one billion euros.
In the second half of 2015, Univé started the outsourcing process. KPMG Advisory N.V. provided advice in this intensive process.
‘Univé is pleased to form an alliance with a professional partner such as Kempen,’ according to Herman Hein Roozen, member of the Board of Directors of Univé. ‘We greatly value their services in the area of integrated balance sheet management. In addition, we appreciate Kempen as a partner who will be able to provide us with valuable advice on current issues, including Solvency II.’
Paul Gerla, Chairman of the Board of Kempen & Co, is very pleased with Univé’s choice. ‘Kempen observes that institutional investors, such as insurance companies, show an ongoing interest in comprehensive investment solutions. We have a long history of providing fiduciary services to a variety of insurance companies. The increased complexity, the importance of comprehensive balance sheet management and the introduction of Solvency II have resulted in a more intensive collaboration with our customers. In this challenging environment, Kempen offers tailor-made solutions that match the unique profile of every insurance company.’
Univé Groep consists of Coöperatie Univé U.A. and its subsidiaries, including N.V. Univé Schade and N.V. Univé Her.
* Kempen a wholly owned subsidiary of Van Lanschot.