Pensions & Pension Funds

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De Brauw advised Thomas H. Lee Partners ("THL") on the acquisition of Bynder from multiple sellers including Insight Partners.THL, based in Boston, is a premier private equity firm investing in growth companies. Bynder is a global leader in Digital Asset Management (DAM), headquartered in Amsterdam and with major office hubs in the United States, Spain, UK, Australia, and UAE. Bynder's powerful, intuitive, and deeply integrated DAM platform unifies and transforms the creation, management, and distribution of marketing assets. The partnership will accelerate Bynder’s ability to help brands overcome the complexity of proliferating content, enabling delivery of exceptional content experiences and unlocking revenue growth.

De Brauw acted as co-counsel together with U.S. firm Cleary Gottlieb Steen & Hamilton for Infinite Electronics, Inc. (Infinite Electronics) in its acquisition of the Cable Connectivity Group (CCG).Infinite Electronics, a leading global supplier of electronic components serving the needs of customers through a family of highly recognized and trusted brands, has announced on 8 November 2022 that it signed a definitive agreement to acquire Cable Connectivity Group (CCG) from Torqx Capital Partners (Torqx) and TKH Group NV (TKH). The transaction is subject to customary regulatory approval and is expected to close in Q1 2023.CCG is a leader in the production, distribution and assembly of specialty cables and cable connectivity solutions. The company operates across Europe with offices and production and distribution facilities in the Netherlands, Belgium, Germany, Poland, Italy and China. CCG is comprised of the following brands: Jobarco, Pantaflex, Capable, TKD, ConCab, Schrade Kabeltechnik and KC Industrie. CCG has a global customer base across industrial and electronics end-markets.

Earlier in 2022, following years of preparation, a bill on the future of the Dutch pension system was submitted to parliament. If passed, the new law will introduce several sweeping changes, notably that all future pensions will have to become defined contribution schemes.

The Dutch legislature has consulted market participants about a draft bill on the future of the pension system. The consultation period has now ended and almost 500 market participants have expressed their views.

From 10 March 2021, the pension sector in the Netherlands will have to comply with the majority of the requirements under the Sustainable Finance Disclosure Regulation (SFDR). These mainly involve having to provide information about sustainability, at both the entity and the product level. The nature of the requirements also requires pension funds to have specific policy and processes in place.