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PFZW (Pensioenfonds Zorg en Welzijn) is a major Dutch pension fund dedicated to the healthcare and social welfare sectors. As one of the largest pension funds in Europe, it manages the retirement assets of over 2.5 million current and former healthcare professionals in the Netherlands. While not a biotechnology or pharmaceutical developer itself, PFZW is a significant institutional investor in the global healthcare and life sciences industries. The fund is known for its commitment to sustainable and socially responsible investing, often engaging with portfolio companies on ESG (Environmental, Social, and Governance) standards. Its assets are managed by PGGM, which serves as the fund's executive organ and service provider.
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