Pensions & Pension Funds

+ 15 other experts

As the sector anticipates tomorrow

... our expertise enables our clients to act wisely, today.

We advise employers, pension funds, general pension funds (APFs), premium pension institutions (PPIs), insurance companies, and asset managers on the wide gambit of complex pension issues.

We also handle all disputes that may ensue in connection with pensions, such as investment disputes, disputes between pension funds and their service providers, disputes about duties of care, disputes in connection with the Industry Wide Pension Fund Obligatory Participation Act 2000 (Wet verplichte deelneming in een bedrijfstakpensioenfonds 2000), enforcement actions from DNB or the AFM, and disputes regarding changes in retirement benefits. Should matters necessitate, we also represent clients in the Netherlands Supreme Court.

Recent Matters

4 October 2021

EQT Infrastructure V and Stonepeak to acquire DELTA Fiber

De Brauw advised EQT Infrastructure V ("EQT V") and Stonepeak on their acquisition of DELTA Fiber from EQT Infrastructure III. DELTA Fiber is a leading owner and operator of fiber-to-the-home telecom infrastructure in the Netherlands. EQT V and Stonepeak will each hold a 50 percent stake in DELTA Fiber and co-control the company, supported by a strong advisory board of industry professionals. DELTA Fiber will benefit from the parties' significant combined expertise in the digital infrastructure sector and vast track record in fiber rollout across the Netherlands and Europe. Together, EQT V and Stonepeak are committed to investing significantly in the continued digitalisation of the Dutch society by accelerating DELTA Fiber's fiber rollout in the Netherlands and supporting its ambition to connect two million Dutch households to fiber by 2025. The transaction is subject to customary closing conditions, including regulatory approvals and consultation with employee representatives.
14 September 2021

Financial group Ennia Caribe sells Banco di Caribe N.V. to United as part of its restructuring

An important milestone in the financial restructuring of the largest financial group in the Dutch Caribbean, De Brauw advised Central Bank of Curaçao and Sint Maarten ("CBCS") and ENNIA as seller on the sale of Banco di Caribe ("BdC"). Each of the target (BdC), the seller (ENNIA) and United (purchaser) are institutions with systemic importance in the Netherlands Antilles. The sale was set up as a competitive, limited auction. The sale of BDC to United Group Holdings N.V. marks an important step in the financial restructuring of the ENNIA Group, which has been under emergency regulations since 2018, and CBCS's efforts to maximize value and reduce risk for ENNIA and its policyholders.
7 September 2021

Deutsche Telekom and Tele2 sell T-Mobile Netherlands to a consortium of Apax and Warburg Pincus for an EV of EUR 5.1 billion

De Brauw advised Deutsche Telekom AG on the sale by Deutsche Telekom and Tele2 of T-Mobile Netherlands to an entity jointly controlled by funds advised by Apax Partners LLP and Warburg Pincus LLC for an enterprise value of EUR 5.1 billion.

The team's pragmatism is underlined by clients, with one referencing its 'evidence- and experience-based input on deal tactics and strategies to achieve our tailored needs'. Another emphasises the practice's foresight, asserting that it has 'a good understanding of the risks involved'.

Chambers Europe, 2021
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Expertise across the whole pensions sector

We advise on:

• the pension deal (pensioenakkoord) that will be introduced in 2026;
• pension agreements including dealings with works councils;
• financing arrangements and administration agreements;
• mandatory participation in industry wide pension funds;
• governance of pension providers;
• information requirements and duties of care;
• licencing processes (PPIs and general pension funds);
• funding requirements;
• outsourcing including administration agreements and investment management (including sustainability and ESG) such as the agreements with asset managers, fiduciary managers, custodians and central clearing parties;
• cross border collective value transfers;
• lateral and unilateral changes in pension agreements; and
• all legal aspects of pensions in mergers, acquisitions and joint ventures.

Team

Eva Schram

Counsel

Esther Huijzer

Senior Associate