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People Moves: PGGM and RWC Partners

Investment chief resigns and a global equity income team is formed


Elena Johansson

PGGM investment chief resigns

Eloy Lindeijer, the chief of investment management at PGGM, will step down on 1 October.

He will support a smooth transition period until his successor has been selected.

Lindeijer was previously director of the financial markets division at De Nederlandsche Bank (DNB), the Dutch central bank.

He plans to continue working in responsible investing and commented: “On a personal level, I now look forward to pursue new challenges in the long-term asset owner community, with a continued focus on impact investing and sustainable finance.’’

PGGM is a Dutch asset manager with €252bn in assets under management.

Nick Clay joins RWC Partners

RWC Partners has appointed Nick Clay to lead a new global equity income investment team.

Clay previously led a similar team at Newton Investment Management, a division of BNY Mellon.

RWC Partners has also recruited three more staff members from Newton to form Clay’s team: Andrew MacKirdy, Robert Canepa-Anson and Colin Rutter.

RWC Partners is a privately owned, independent asset manager which invests about $18bn (€16.3bn) on behalf of its clients, it said.

It specialises in developed and emerging market equities, convertible bonds, diversified return and income solutions to meet clients’ long-term financial needs.

Boston-based Lincoln Peak Capital recently bought a minority equity stake of RWC from Schroders.

The remainder is held by former RWC employees, according to a statement.