![Vlaggen Pggm](/media/4bmh05qm/vlaggen_pggm.jpg?anchor=center&mode=crop&width=768&height=588&rnd=132346319091800000&quality=70)
Selected Investments
Please refer to PFZW’s transparency list for a complete overview of their private equity investments.
Overview of 2020 investments
![Abenx](/media/8d8a29464409714/abenx.png?anchor=center&mode=crop&width=768&height=0&rnd=132629472162100000&quality=70)
Fund: Abénex Capital Fund VI
Investment period: Q1 2020
Region: EU
Strategy: Investor in control investments in French lower mid-sized companies active in 4 key sectors: consumer, healthcare, services and safety.
![Ardian](/media/8d8a29464759529/ardian.png?anchor=center&mode=crop&width=768&height=0&rnd=132629472135330000&quality=70)
Fund: Ardian Expansion Fund V
Investment period: Q1 2020
Region: EU
Strategy: Ardian Expansion’s strategy focuses on transforming local or regional champions across sectors into professionalized, pan-European or global players which solicit premium valuations at exit.
![Audiotonix](/media/8d8a29464b1e12e/audiotonix.png?anchor=center&mode=crop&width=768&height=0&rnd=132629472158930000&quality=70)
Co-investment: AudioTonix
Investment period: Q1 2020
Manager: Ardian
Sector: Information Technology
Region: United Kingdom
Business description: Global leader in the design, engineering and production of audio mixing consoles for professional end-users in the live music, installed venues and TV broadcast segments.
![Blackstone](/media/8d8a295c7aa848f/blackstone.png?anchor=center&mode=crop&width=768&height=0&rnd=132629472149400000&quality=70)
Fund: Blackstone Life Sciences V
Investment period: Q1 2020
Region: US
Strategy: Partnering with large pharmaceutical companies and emerging biotech companies to fund the late-stage clinical development of promising new therapeutics.
![Clearlake](/media/8d8a29465613fa2/clearlake.png?anchor=center&mode=crop&width=768&height=0&rnd=132629472132200000&quality=70)
Fund: Clearlake Fund VI
Investment period: Q1 2020
Region: US
Strategy: Investor in value buyouts/special situations, distressed (debt) and structured equity in medium-sized US companies, predominantly in software and technology enabled business services, industrials and energy, and consumer sectors.
![Indexventures](/media/8d8a29466229bcc/indexventures.png?anchor=center&mode=crop&width=768&height=0&rnd=132629472145000000&quality=70)
Fund: Index Growth V
Investment period: Q1 2020
Region: US and EU
Strategy: Investor in growth capital in technological disruption themes in software landscape, consumer, financial services, future of work (including mobile, API and cloud) and mobility.
![Permira](/media/8d8a294764e5846/permira.png?anchor=center&mode=crop&width=768&height=0&rnd=132629472137400000&quality=70)
Fund: Permira Fund IV
Investment period: Q1 2020
Region: Global
Strategy: Secondary investment in vintage 2006 Permira Fund IV. Permira is an institutionalized, blue-chip buyout manager with deep experience in tech and software sectors.
![Baincapitaldouble](/media/8d8a294652a681a/baincapitaldouble.png?anchor=center&mode=crop&width=768&height=0&rnd=132629472164170000&quality=70)
Fund: Bain Capital Double Impact II
Investment period: Q2 2020
Region: US
Strategy: North-American middle-market buyouts, supplemented with selected growth investments, in companies active in the impact themes Healthcare & Wellness, Sustainability, and Education & Workforce Development.
![Clayton](/media/8d8a294653fddce/clayton.png?anchor=center&mode=crop&width=768&height=0&rnd=132629472155800000&quality=70)
Fund: CD&R XI
Investment period: Q2 2020
Region: Global
Strategy: Control-oriented buyout investments in businesses whose operating and financial performance can be enhanced by CD&R’s proactive ownership mode.
![Coller](/media/8d8a2946576b551/coller.png?anchor=center&mode=crop&width=768&height=0&rnd=132629472134230000&quality=70)
Secondary: Coller Capital VIII
Investment period: Q2 2020
Region: Global
Strategy: Well-established, institutionalized, leading secondaries firm. Coller Capital is one of the largest private equity secondaries investment managers globally with the largest secondaries-focused team and no external mandates or additional asset-class funds.
![Cvccapital](/media/8d8a29465935285/cvccapital.png?anchor=center&mode=crop&width=768&height=0&rnd=132629472138500000&quality=70)
Fund: CVC Capital Partners VIII
Investment period: Q2 2020
Region: Global
Strategy: Pursuing locally-sourced control and co-control investments in global companies headquartered primarily in Western Europe, with capped exposure to North America and the Rest of the World.
![Fp](/media/8d8a29466039c64/fp.png?anchor=center&mode=crop&width=768&height=0&rnd=132629472131100000&quality=70)
Fund: Francisco Partners VI
Investment period: Q2 2020
Region: US
Strategy: Investor in control positions in mid-sized information technology companies predominantly in the US across six sub-sectors: Healthcare IT, Fintech, Communication / Security, Industrial IT, Consumer Internet, and Education Technology.
![Newmountaincapital](/media/8d8a29476020b00/newmountaincapital.png?anchor=center&mode=crop&width=768&height=0&rnd=132629472163070000&quality=70)
Fund: New Mountain Partners VI
Investment period: Q2 2020
Region: US
Strategy: Investor in companies in the US mid-market with defensive growth characteristics based on sector deep dives.
![Silverlake](/media/8d8a29476d43093/silverlake.png?anchor=center&mode=crop&width=768&height=0&rnd=132629472139430000&quality=70)
Fund: Silver Lake Partners VI
Investment period: Q2 2020
Region: Global
Strategy: Leading global buyout managers focused entirely on large-scale investments in technology, technology-enabled sectors and related growth industries, globally with a high concentration in the United States.
![Baincapital](/media/8d8a29464fa3e95/baincapital.png?anchor=center&mode=crop&width=768&height=0&rnd=132629472142600000&quality=70)
Fund: Bain Capital XIII
Investment period: Q3 2020
Region: Global
Strategy: Investor in companies headquartered in North America within the upper mid-market/large buyout segment, focusing on four verticals: Industrials, Technology, Healthcare, and Consumer and Financial & Business Services.
![Dpe](/media/8d8a29465be761c/dpe.png?anchor=center&mode=crop&width=768&height=0&rnd=132629472141670000&quality=70)
Fund: DPE IV
Investment period: Q3 2020
Region: EU
Strategy: Investor in lower mid-market growth companies in Germany, Switzerland and Austria (DACH region), mainly focuses on five sectors: Healthcare, Industrial Technologies, Business Services, Energy / Environment and IT / Software.
![Epicor](/media/8d8a29465dfd80a/epicor.png?anchor=center&mode=crop&width=768&height=0&rnd=132629472160970000&quality=70)
Co-investment: Epicor
Investment period: Q3 2020
Manager: CD&R
Sector: Information Technology
Region: US
Business description: Leading provider of vertical specific ERP software to small and mid-sized enterprises across industrial focused sectors.
![Kkr](/media/8d8a294663cd682/kkr.png?anchor=center&mode=crop&width=768&height=0&rnd=132629472157830000&quality=70)
Fund: KKR Asia IV
Investment period: Q3 2020
Region: Asia
Strategy: Pan-Asian investor with a sector agnostic approach that is primarily focused on larger sized equity opportunities across China, India, Japan, Korea, Southeast Asia and Australia.
![Pollenstreet](/media/8d8a294768ca833/pollenstreet.png?anchor=center&mode=crop&width=768&height=0&rnd=132629472133330000&quality=70)
Fund: Pollen Street Capital Fund IV
Investment period: Q3 2020
Region: EU
Strategy: Investor in companies in the financial and (to a lesser extent) business services sectors operating in the lower mid-market in the UK and (to a lesser extent) Western Europe.
![Gyrus](/media/3owgmepg/gyrus.png?anchor=center&mode=crop&width=768&height=0&rnd=132629472130000000&quality=70)
Fund: Gyrus I
Investment period: Q4 2020
Region: Europe
Strategy: Investor is healthcare and sustainability companies in Western Europe.
![Ingram2](/media/dh2idirj/ingram2.png?anchor=center&mode=crop&width=768&height=0&rnd=132629472156730000&quality=70)
Co-investment: Ingram Micro
Investment period: Q4 2020
Manager: Platinum Equity
Sector: Information Technology
Region: US
Business description: Leading global B2B technology distributor providing hardware, software and logistics to more than 250,000 customers and via 2,000 vendors.
![K5](/media/jcbdk3lm/k5.png?anchor=center&mode=crop&width=768&height=0&rnd=132629472147200000&quality=70)
Fund: K5
Investment period: Q4 2020
Region: US
Strategy: Investor in buyouts in the enterprise software sector, predominantly in the North American lower mid-market.
![Kakaobank2](/media/up1pmraa/kakaobank2.png?anchor=center&mode=crop&width=768&height=0&rnd=132629472136330000&quality=70)
Co-investment: Kakao Bank
Investment period: Q4 2020
Manager: Anchor
Sector: Financials
Region: Korea
Business description: Leading mobile bank offering comprehensive banking services including loans, deposits, debt and credit cards remittance and other new businesses.
![Livingbridge](/media/yiffmzoz/livingbridge.png?anchor=center&mode=crop&width=768&height=0&rnd=132629472140570000&quality=70)
Fund: Livingbridge VII
Investment period: Q4 2020
Region: UEU
Strategy: Investor in high growth, entrepreneurial SME businesses with an increasing focus on tech-enabled businesses.