1 November 2011

Stichting Pensioenfonds Unilever Nederland outsources investment management to Univest Company

De Brauw acted as legal counsel to Stichting Pensioenfonds Unilever Nederland "Progress" (the pension fund of the Unilever Netherlands companies) on the outsourcing of its investment management to Univest Company B.V. Univest Company is a newly established entity within the Unilever group, which is already carrying out part of the asset management of a number of other Unilever pension funds and of the Unilever company itself. By the end of September 2011 the value of the assets of Progress amounted to EUR 3.6 billion.

Team: Bernard Spoor, Björn Schep