Key Takeaways
- • Paulus Ingram, former head of hedge fund investments at APG Asset Management (the $427 billion Dutch pension plan Stichting Pensioenfonds ABP), has departed to co-found ARC Fiduciary, a sustainability-focused alternative investment manager launching in Q4 2016.
- • Ingram oversaw $25 billion in hedge fund investments during his tenure at APG, which began in 2010 after prior roles at D.E. Shaw & Co. and in real estate and private equity.
- • ARC Fiduciary is positioning itself as a specialist investment adviser targeting financial outperformance while supporting alignment with the United Nations' Sustainable Development Goals, addressing growing institutional demand for sustainable investment vehicles.
- • Ingram is launching ARC with colleagues from APG's Opportunity Fund; the firm will be based in Greenwich, Connecticut, and will focus on fiduciary institutional products combining alternative investments with ESG objectives.
- • APG's hedge fund program remains advised by New Holland Capital, the New York–headquartered firm whose network and insights Ingram credits as integral to the pension's investment approach.
Summary
Paulus Ingram's departure from APG Asset Management to establish ARC Fiduciary reflects a significant talent migration within the alternative investment space, driven by accelerating institutional demand for sustainability-aligned strategies. Ingram, who served as head of hedge fund investments at APG—the asset management arm of Stichting Pensioenfonds ABP, a Dutch pension fund managing $427 billion in assets—exits at a moment when institutional asset owners are increasingly prioritizing sustainable investment practices.
During his seven-year tenure at APG beginning in 2010, Ingram managed oversight of $25 billion in hedge fund investments from the firm's New York office. His career trajectory reflects deep experience across alternative asset classes: he began at D.E. Shaw & Co., the prominent New York-based hedge fund, before transitioning into real estate and private equity investments. This diversified background positions him to blend alternative investment expertise with the ESG mandates driving his new venture.
ARC Fiduciary, slated for launch in Q4 2016, is being structured as a Greenwich-based specialist investment adviser with a dual focus: delivering financial outperformance while advancing alignment with the United Nations' Sustainable Development Goals—the 17-goal framework announced in September 2015 targeting sustainable development through 2030, encompassing poverty reduction, inequality mitigation, and climate action. The firm will sponsor fiduciary institutional products designed to address the substantial capital requirements necessary to meet these development targets.
Ingram co-founded ARC with a select group of colleagues from APG's Opportunity Fund, indicating retention of institutional relationships and investment expertise. Despite his departure, APG's hedge fund program continues to benefit from advisory support by New Holland Capital, the New York-headquartered advisory firm whose network and market insights Ingram highlights as central to the pension's investment success.
During his seven-year tenure at APG beginning in 2010, Ingram managed oversight of $25 billion in hedge fund investments from the firm's New York office. His career trajectory reflects deep experience across alternative asset classes: he began at D.E. Shaw & Co., the prominent New York-based hedge fund, before transitioning into real estate and private equity investments. This diversified background positions him to blend alternative investment expertise with the ESG mandates driving his new venture.
ARC Fiduciary, slated for launch in Q4 2016, is being structured as a Greenwich-based specialist investment adviser with a dual focus: delivering financial outperformance while advancing alignment with the United Nations' Sustainable Development Goals—the 17-goal framework announced in September 2015 targeting sustainable development through 2030, encompassing poverty reduction, inequality mitigation, and climate action. The firm will sponsor fiduciary institutional products designed to address the substantial capital requirements necessary to meet these development targets.
Ingram co-founded ARC with a select group of colleagues from APG's Opportunity Fund, indicating retention of institutional relationships and investment expertise. Despite his departure, APG's hedge fund program continues to benefit from advisory support by New Holland Capital, the New York-headquartered advisory firm whose network and market insights Ingram highlights as central to the pension's investment success.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.