Van Lanschot Kempen newsroom

Van Lanschot Kempen reports 30% rise in first-half profit

Thu, 27 Aug 2026 07:00:00 +0200

Maarten Edixhoven, Chair of the Management Board, said:
“In the first half of the year, we delivered strong results through the successful execution of our strategy. New and existing clients entrusted us with significantly more of their wealth, both in private banking and in fiduciary management for pension funds. To us, this confirms that clients value our personal approach, expertise and long-term focus. We achieved scalable growth, as demonstrated by our improved cost/income ratio.

"In the second quarter, financial markets recovered from the sharp movements seen in March, despite continuing geopolitical uncertainty.

"Assets under management (AuM) grew by 18% to €188.2 billion. Private Clients Netherlands recorded strong net inflows of €1.5 billion and positive market performance, resulting in 12% growth in AuM compared with year-end 2025. Around two-thirds of the net inflows were driven by investments from new clients. In Belgium, AuM grew by 6%, supported by net inflows of €0.2 billion and positive market performance.

"Investment Management Clients, which manages assets for pension funds among other clients, recorded net inflows of €17.8 billion. In the first half of the year, Dutch pension funds Stichting Pensioenfonds voor de Woningcorporaties and Stichting Pensioenfonds Haskoning Nederland selected Van Lanschot Kempen as their fiduciary manager.

"As a result, our total client assets exceeded €200 billion for the first time. This is an important milestone for Van Lanschot Kempen, and a sign that more clients are choosing us to help preserve and grow their wealth.

"Net profit rose by 30% to €88.2 million, compared with €67.8 million in the same period last year. This was mainly due to growth in commission income (+10%) and interest income (+27%). Based on current market conditions, we are raising our full-year interest income guidance from €180–195 million to around €200 million. Disciplined execution of our strategy improved our cost/income ratio to 66.4%, from 71.8% a year earlier. This shows that we are combining growth with an increasingly efficient organisation.

"Over the past six months, we have continued to deliver on our ‘Growing further together’ strategy. This centres on generating scalable, profitable and sustainable long-term growth while maintaining a capital-light balance sheet. We have turned this strategic focus into action through a range of initiatives.

"Within Private Clients Netherlands, we are increasingly supporting clients with a combination of investing and financing. This is reflected in the growth of our loan portfolio. In the first half of the year, we further developed our wealth management lending product to meet growing client demand. In Belgium, we further strengthened our organisation and Mercier Van Lanschot was named 'Best for High Net Worth’ at the Euromoney Private Banking Awards 2026.

"Alongside these investments in private banking, we also expanded our private markets offering, with total AuM in private markets solutions growing to €6.5 billion. In July, we secured $120 million in commitments from private banking clients for our second North American private equity fund. More than €180 million was also committed to our new fund investing in existing private equity portfolios, known as secondaries. Since 2018, we have introduced six private equity funds. These funds give clients access to investments that were previously often available only to institutional investors. Our liquid investment strategies also saw positive momentum, with net inflows of €0.3 billion in the first half of the year. To accelerate this growth, we are exploring potential strategic partnerships for these liquid investment strategies.

"The planned joint venture with KBC Securities for our equities activities remains on track to launch in the fourth quarter. This partnership will give clients access to broader Benelux equities research, pan-European expertise in real estate and life sciences, and improved trading liquidity. It will also broaden our reach among investors for transactions including equity offerings.

"As we continue to build scale and deepen our expertise, strong client relationships remain the foundation of our success. In June, we were recognised in the UK as ‘Fiduciary Manager of the Year’ at the UK Pensions Awards for the third year running. Satisfaction among our private banking clients in the Netherlands improved in the first half of the year, with Private Clients Netherlands' Net Promoter Score (NPS), which measures how likely these clients are to recommend us, rising to 45. Clients particularly value the combination of expert advice and personal conversations about their financial future. That is what sets us apart.

"We continue to broaden the use of technology to further strengthen our client service. By organising routine work more intelligently, we create more time for personal contact and value-adding advice. That's why private bankers and colleagues from our digital teams are working together closely on AI-enabled tools that help us serve clients even better. Our approach was recognised for the second year running at the PWM Wealth Tech Awards 2026, part of the Financial Times. Van Lanschot Kempen received three awards, including ‘Best Digital Private Bank in the Netherlands’ and ‘Best Private Bank for Digital Innovation in Europe’.

"In the second half of the year, we will further invest in growth and in our service to clients. I'm particularly looking forward to the opening of our new Amsterdam office in the fully renovated Breitner Center. At the end of this year, we will welcome clients and colleagues there in a modern, personal environment that meets the highest sustainability standards.

"Our results put us firmly on track to achieve our 2027 financial targets. More importantly, we are continuing to build an independent specialist wealth manager that grows and innovates while remaining firmly focused on our clients and the society around us. Our progress is only possible because of the trust of our clients and the commitment of our colleagues. I would like to sincerely thank them for that.”

Performance report / presentation / conference call

For a detailed discussion of Van Lanschot Kempen’s results and balance sheet, please see our performance report and presentation on the 2026 half-year results at Financial results. In a conference call on 27 August at 9:00 am CEST, we will discuss our 2026 half-year results in greater detail. This can be followed live at Financial results and will be available for playback later.

Financial calendar

17 September 2026 - Extraordinary general meeting
30 October 2026 - Publication of third-quarter 2026 trading update
24 February 2027 - Publication of 2026 annual results

Please find the full press release under the ‘Download’ section for more information.

Van Lanschot Kempen: convening notice EGM

Thu, 16 Jul 2026 08:00:00 +0200

Van Lanschot Kempen publishes the agenda and notes for the extraordinary general meeting of shareholders (EGM), to be held on 17 September 2026. The EGM will discuss the proposed appointment of François de Borchgrave as a member of the Supervisory Board, as announced on 21 May 2026.

The convening notice and the meeting’s agenda with explanatory notes are available on the Van Lanschot Kempen website under Shareholders' meetings. The EGM will be held in Amsterdam on 17 September 2026 at 11:30 CET.

Successful first closing for Van Lanschot Kempen’s North America-focused private equity fund

Tue, 07 Jul 2026 09:00:00 +0200

Van Lanschot Kempen Investment Management (Van Lanschot Kempen) has secured $120 million in client commitments at the first closing of its second North American private equity strategy. Through the Kempen North American Private Equity Fund II, clients gain exposure to small and mid-sized private companies in North America through carefully selected specialised private equity managers and direct co-investments.

Sven Smeets, Head of Private Equity Strategy at Van Lanschot Kempen: “We continue to see strong demand for private markets investments among our clients. Despite geopolitical uncertainty, the North American private equity market remains attractive due to its scale, diversity and specialised investment partners. Because private equity portfolios are built over time, the exact timing of entry is less critical. Historically, periods of uncertainty and market volatility have often turned out to be attractive vintages for private equity. We currently have a strong pipeline of compelling private equity funds and co-investments, and expect to be able to deploy the capital raised from this first close within a relatively short period.”

Kempen North American Private Equity Fund II is the second fund focused on North America and the sixth private equity fund that Van Lanschot Kempen has launched since 2018. The fund forms part of a broader, multi-year private equity programme that enables clients to build a well-diversified private equity portfolio. The fund’s next subscription round will close in October 2026.

Van Lanschot Kempen offers both private and institutional clients a broad range of private markets solutions, including private equity, private debt, farmland and real estate. Through these strategies, Van Lanschot Kempen provides access to non-listed investments that support diversification, long-term returns and opportunities beyond public markets.

Disclaimer

This is a marketing message.

Kempen North American Private Equity Fund II (the "Sub-fund") is a sub-fund of the Van Lanschot Kempen Umbrella III Coöperatief U.A. (the “Fund”), domiciled in the Netherlands. Van Lanschot Kempen Investment Management NV (VLK IM) is the manager of the Fund. VLK IM is authorised as a management company and regulated by The Netherlands Authority for the Financial Markets. The Fund is registered under the license of Van Lanschot Kempen Investment Management NV at the Netherlands Autoriteit Financiële Markten (AFM).

The information in this document provides insufficient information for an investment decision. Therefore, read the Prospectus and the Essential Information Document. These documents are available on the website of VLK IM (www.vanlanschotkempen.com/en-nl/investment-management/investment-strategies). The Fund is registered for offering in a limited number of countries. The countries where the Fund is registered can be found on the website.

Risk classification EID: Because the value is calculated only once a quarter, the risk indicator is classified in class 6
and the likelihood of potential losses assessed as high.

Sustainability: SFDR article 6

The fund is a closed-end investment fund and is intended exclusively for professional investors or experienced retail investors (qualified investors).

Capital at risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested. Past performance provides no guarantee for the future.

This press release does not constitute an offer or solicitation for the sale, purchase or acquisition in any other way or subscription to any financial instrument and is not a recommendation to perform or refrain from performing any action.

This press release is a translation of the Dutch language original and is provided as a courtesy only. In the event of any disparities, the Dutch language version will prevail. No rights can be derived from any translation thereof.

Van Lanschot Kempen becomes principal member of the European Payments Initiative

Tue, 23 Jun 2026 09:00:00 +0200

Van Lanschot Kempen has become a principal member of the European Payments Initiative (EPI). Through this partnership, the wealth manager will introduce Wero, a European digital payment solution, to its clients via the Van Lanschot Kempen digital banking environment, with rollout planned for late 2026.

Erwin Schoeters, Managing Director Private Clients Netherlands, responsible for payment solutions at Van Lanschot Kempen: "Our clients value ease of use, control and reliability in their day-to-day banking solutions. They operate across borders and expect payment solutions that match that reality. By joining EPI and integrating Wero into our private banking proposition, we provide our clients with a secure and straightforward way to make payments across Europe, directly within their trusted banking environment."

Wero enables Van Lanschot Kempen clients to pay across Europe directly from their banking environment. The solution is designed to offer a standardised European alternative for digital payments, with a focus on security, convenience and interoperability, while enabling additional payment options over time.

By joining EPI, Van Lanschot Kempen aims to further enhance its digital offering and respond to increasing demand from clients for seamless cross-border payment solutions within Europe.

Martina Weimert, Chief Executive Officer of the European Payments Initiative: “EPI is delighted to welcome Van Lanschot Kempen as a principal member. As the Netherlands’s most historic financial institution, Van Lanschot Kempen has continuously demonstrated a forward-looking mindset and a commitment to delivering the best in class for its clients. As the first wealth management firm joining our project, we’re expanding our network and influence towards building a stronger, more reliable and sovereign payment scheme in Europe.”

Van Lanschot Kempen to return capital of €0.80 per share on 25 June 2026

Thu, 18 Jun 2026 08:00:00 +0200

On 25 June 2026, Van Lanschot Kempen will return the previously announced amount of €0.80 per Class A share in issue to its shareholders (approximately €34 million in total).

Shareholders approved this capital return at an Extraordinary General Meeting held on 9 April 2026. On 15 June 2026, the statutory two-month opposition period expired. No objections were filed, and the payment date of the capital return has therefore been set at 25 June 2026.

The capital return will be charged to the share premium reserve available for distribution. The total number of outstanding shares will remain unchanged.

Important dates related to capital return:

Ex-date: 23 June 2026
Record date: 24 June 2026
Payment date: 25 June 2026

Van Lanschot Kempen UK is Fiduciary Manager of the Year 2026

Mon, 15 Jun 2026 09:00:00 +0200

Van Lanschot Kempen Investment Management UK won the Fiduciary Manager of the Year award for the third time in a row at the Professional Pensions UK Pensions Awards 2026 on 11 June. The Professional Pensions UK Pensions Awards shines a light on excellence and recognises the advisers, providers and investment managers that offer the highest level of innovation, performance and service to occupational pension schemes and their members, and have done the most to improve this over the past year.

Michelle Darracott, CEO at Van Lanschot Kempen UK: “We are delighted to have won the Fiduciary Manager of the Year award in 2026 again. This recognition reflects our team’s innovative and proactive approach, with bespoke strategies tailored to each client’s investment objectives. Outstanding client service and continuous innovation are central to how we work with clients and underline our commitment to excellence.”

The panel judged Van Lanschot Kempen’s entry as the best of 2025 in terms of innovation, performance and service.

Van Lanschot Kempen UK team wins Fiduciary Manager of the Year 2026 award in The Brewery, London

Pension scheme Haskoning selects Van Lanschot Kempen as its new fiduciary manager

Thu, 11 Jun 2026 09:00:00 +0200

Stichting Pensioenfonds Haskoning Nederland has appointed Van Lanschot Kempen Investment Management (Van Lanschot Kempen) as its fiduciary manager. The services comprise a full fiduciary management mandate. The pension scheme manages the pensions of current and former employees of Haskoning Nederland and has more than 11,000 participants, with assets under management exceeding €1.25 billion.

Liesbeth Galesloot, Chair of Stichting Pensioenfonds Haskoning Nederland: “With the Future Pensions Act (Wet Toekomst Pensioenen) on the horizon, we wanted to strengthen our organisation by partnering with a fiduciary manager who understands our requirements and long-term vision and can guide us throughout this process. After a careful selection process, we chose Van Lanschot Kempen. The proposed services and the intended collaboration model align well with how we prefer to operate within the new pension system. We believe that Van Lanschot Kempen is the right partner for the future.”

Johan van Egmond, Head of Institutional Relations at Van Lanschot Kempen: “We are proud that Stichting Pensioenfonds Haskoning Nederland has selected us as its new fiduciary manager. This decision reflects our shared commitment to a future-proof pension scheme that can operate optimally under the new pension contract. We look forward to a constructive and long-term partnership, including a successful transition to the new pension system.”

Van Lanschot Kempen: AGM decisions and outcomes

Thu, 21 May 2026 18:11:08 +0200

On 21 May 2026, Van Lanschot Kempen shareholders adopted the 2025 financial statements during the annual general meeting of shareholders (AGM).

The AGM also approved the proposed payment of a cash dividend of €3.00 per Class A ordinary share as well as the reappointment of Maarten Muller as a member of the Supervisory Board. All other agenda items were adopted as well.

The AGM furthermore took note of the company’s intention to appoint Guido van Aubel as a member of the Management Board as Chief Operating Officer and the intention to reappoint Maarten Edixhoven as a member of the Management Board and Chair. Both appointments took place following the AGM.

The AGM agenda with explanatory notes is available under Shareholders' meetings.

Financial calendar

25 May 2026 - Ex-dividend date
3 June 2026 - 2025 dividend payment date
23 June 2026 - Ex-capital return date
25 June 2026 - Capital return payment date
27 August 2026 - Publication of 2026 half-year results
30 October 2026 - Publication of third-quarter 2026 trading update

Van Lanschot Kempen’s Farmland Fund acquires Portuguese olive orchard to expand sustainable crop platform

Thu, 21 May 2026 09:00:00 +0200

Van Lanschot Kempen Investment Management’s SDG Farmland Fund has acquired a c. 400‑hectare irrigated olive orchard in Faro do Alentejo, in Portugal’s Alqueva region. The asset will be integrated into the strategy’s existing Rio de Azeite platform, located in one of Portugal’s leading olive‑growing hubs.

The farm benefits from gentle slopes and sufficient water resources, with ready access to irrigation water from the Alqueva Dam. It will focus on high quality olives for the production of extra virgin olive oil.

Richard Jacobs, Head of Farmland Investments at Van Lanschot Kempen Investment Management: “This new acquisition offers a compelling long‑term opportunity in sustainable olive oil production, combining favourable climate conditions, reliable water resources and competitive cost levels. It strengthens our Rio de Azeite platform and allows us to apply regenerative and environmentally respectful farming practices at scale. This underwrites our aim to contribute to SDG-goals, in particular with regards to soil improvement, healthy food and water and biodiversity.”

Strengthening our sustainable olive platform

Integrating the existing Rio de Azeite property with the new acquisition creates opportunities for greater efficiency and synergy. This enables Van Lanschot Kempen to further expand its Portuguese olive platform on one of the prime locations in the Alqueva region.

Farm management, in the hands of a team with extensive experience overseeing comparable olive orchards across the Iberian Peninsula, will prioritise efficient water use, careful soil management and the protection of identified biodiversity areas.

In 2026 Van Lanschot Kempen’s SDG Farmland Fund has achieved its 5-year track record. This acquisition increases the total land managed globally to c. 26.600 hectares, with an AuM of over €480 million (as at March 31, 2026). The majority of capital committed by investors is now deployed.

Sustainable framework

The asset will be incorporated into the SDG Farmland strategy’s sustainability framework through tailored implementation plans and targets. We will make sure to follow the recommendations regarding the use of grass cover to maintain soil structure; restrict the use of heavy machinery traffic to prevent soil compaction and prioritise efficient drip irrigation to limit water use and prevent pollution. In addition, three conservation areas are mapped, where biodiversity will be studied and managed.

Van Lanschot Kempen proposes to appoint François de Borchgrave to the Supervisory Board

Thu, 21 May 2026 08:00:00 +0200

Van Lanschot Kempen nominates François de Borchgrave for appointment as a member of its Supervisory Board.

This proposal will be submitted to shareholders at an Extraordinary General Meeting (EGM), to be held at a later date. The regulators have approved the proposed appointment.

François de Borchgrave is founder and managing partner of KOIS, an international Brussels-based impact private equity firm focused on investing in companies with social and environmental impact. He has held and holds positions at several companies in the KOIS portfolio and at non-profit organisations. Earlier in his career, he founded an internet startup for business services and worked in the telecom and technology sectors.

Frans Blom, Chair of the Supervisory Board, said: “François brings extensive international experience in private equity and impact investing, as well as in-depth knowledge of the Belgian wealth management market. Combined with his entrepreneurial background, this positions him to make a valuable contribution to Van Lanschot Kempen, and we look forward to benefiting from his expertise and perspectives.”

The notice convening the EGM and the agenda with explanatory notes will be made available on the Van Lanschot Kempen website under Shareholders' meetings.

Van Lanschot Kempen highlights the boundless potential of time with Dawn and Robin de Puy

Tue, 19 May 2026 12:00:00 +0200

A new campaign film and photography for Van Lanschot Kempen Private Banking, created by renowned photographer Robin de Puy (100% Film & Photography) and creative strategy agency Dawn, revolves around the value of time for a new generation.

Last year, Van Lanschot Kempen introduced a new positioning, a refreshed visual identity and a new campaign. The starting point is the insight that time, not money, is the most valuable asset. Something the Netherlands’ oldest independent financial institution understands like no other. In this new chapter of the campaign, the focus shifts from the freedom time provides, to the potential, opportunities and challenges it offers a new generation. This creates both tension and optimism, a friction that is reflected in the new film and photography.

These were developed in close collaboration with Robin de Puy (100% Film & Photography), a renowned photographer whose work has been exhibited in museums such as Museum Voorlinden and FOAM, and featured in international publications including The New Yorker. She has translated the distinctive feel of Van Lanschot Kempen into iconic photography and film.

“Time has always been a fascinating subject for me. I have a kind of love–hate relationship with it. Ultimately, everything depends on timing. You can sense that in this campaign and in the characters I choose. It comes through in instinct, in layers, and in a spontaneous expression that feels meaningful,” says Robin de Puy on her work for Van Lanschot Kempen.

The new film follows a younger generation. He has not yet reached the top and knows the path is not linear, but he continues to move in the right direction. He will get there. And when he does, Van Lanschot Kempen is there: a private bank that recognises potential and gives time to your wealth.

The same feeling is captured in the photography. The portraits are shot at close range. Subtle facial expressions, pronounced shadows and a spark in the eyes all contribute to a series that fits seamlessly within Robin de Puy’s body of work.

Wendy Winkelhuijzen, member of the Management Board at Van Lanschot Kempen and responsible for Private Banking Netherlands: “With our latest campaign, we continue to deliver on our promise to current and future clients: we give time to your wealth. We now build on that promise by focusing on the boundless potential of time. For a generation that has not yet fully arrived, but will get there. For people who have already achieved so much, yet still have more to offer. A compelling new chapter and a natural continuation of our story.”

Van Lanschot Kempen first-quarter trading update 2026

Thu, 07 May 2026 07:00:00 +0200

Jeroen Kroes, Chief Financial Officer, said: “Van Lanschot Kempen achieved strong growth through net inflows in Assets under Management (AuM) in the first quarter, against a backdrop of increasing geopolitical unrest and volatile market sentiment. After a strong start of the year, the conflict in the Middle East sparked sharp market movements in March, leading to negative equity market performance. This made private banking clients more cautious about increasing equity positions, while new clients tended to opt for more gradual market entry. In these circumstances, clients are seeking guidance, and we’re helping them navigate the markets with a long-term perspective. We remain focused on our clients and on scalable growth with a personal and efficient approach supported by the targeted use of AI, in line with our ‘Growing further together’ strategy.”

In the first quarter, Private Clients Netherlands recorded net AuM inflows of €0.9 billion (Q1 2025: €1.2 billion). In the first months of the year, clients converted part of their savings into investments, resulting in a net decrease in savings of €0.5 billion. Net AuM inflows at Private Clients Belgium amounted to €0.2 billion (Q1 2025: €0.5 billion).

Within Investment Management Clients, net AuM inflows were strong at €16.2 billion (Q1 2025: €2.5 billion). This was mainly driven by the mandate of Stichting Pensioenfonds voor de Woningcorporaties within fiduciary management. In addition, both liquid and alternative investment strategies recorded net inflows.

Commission income rose, driven by growth in clients and AuM. Interest income was in line with expectations and, for the full year 2026, net interest income is expected to amount to €180-195 million. With costs remaining well controlled, Van Lanschot Kempen achieved a solid result in line with the previous quarter.

Van Lanschot Kempen’s capital position remains strong with a CET1 ratio of 17.1% (2025: 18.2%) according to the “Basel IV fully loaded” definition. The decrease from year-end was driven by the effect of the planned capital return of €0.80 per share¹ (0.7 percentage points), growth in the loan book (0.2 percentage points) and a temporary effect (0.2 percentage points) due to the repurchase of own shares to cover the depositary receipts to be allocated to employees under the existing remuneration policy. The distribution of these shares in the second quarter will, once again, have a positive effect on the CET1 ratio.

On 24 April 2026, De Nederlandsche Bank announced that the minimum risk-weight floor for mortgages will be discontinued after 30 November 2026. As at 31 March 2026, this minimum floor had a negative impact of approximately 1.5 percentage points on the CET1 ratio.

¹The capital return was approved by shareholders at the extraordinary general meeting held on 9 April 2026, with payment scheduled for 25 June 2026.

Financial calendar

21 May 2026 - Annual general meeting (AGM)
25 May 2026 - Ex-dividend date
3 June 2026 - 2025 dividend payment date
23 June 2026 - Ex-capital return date
25 June 2026 - Capital return payment date
27 August 2026 - Publication of 2026 half-year results
30 October 2026 - Publication of third-quarter 2026 trading update

Van Lanschot Kempen wins three PWM Tech Awards - Financial Times, including Best Digital Private Bank

Fri, 24 Apr 2026 09:00:00 +0200

Van Lanschot Kempen has won three awards at the annual Professional Wealth Management Wealth Tech Awards 2026, including Best Digital Private Bank in the Netherlands. The awards are presented annually to European wealth managers and private banks that distinguish themselves through their vision and effective use of technology.

At the awards ceremony on Thursday 23 April in London, Professional Wealth Management selected Van Lanschot Kempen as:

Best Digital Private Bank in the Netherlands
Best Private Bank for Digital Innovation in Europe
Best Private Bank for Culture and Vision in Europe

In addition, Bas Rapati, Chief Analytics Officer at Van Lanschot Kempen, was named Best Digital Leader. Van Lanschot Kempen also received high commendations in the categories ‘Best Private Bank for Use of AI in Europe’ and ‘Best Private Bank for Digitally Empowering Relationship Managers in Europe’.

According to the jury report, van Lanschot Kempen is a leading example of a wealth manager that has successfully achieved both a profound cultural and digital transformation. The jury notes that, as an innovative player, Van Lanschot Kempen is attracting a growing number of admirers within the European wealth management sector.

Arjan Huisman, Chief Operating Officer Van Lanschot Kempen: “In recent years, we have made targeted investments in digital solutions that strengthen our client relationships and support our private bankers and relationship managers, enabling them to focus fully on providing advice and personal attention to clients. At the same time, we continuously seek technological solutions to make our processes simpler and more secure.

“We are therefore extremely proud to have won these awards and will continue to invest in technology that evolves in line with the needs of both our clients and our organisation. A key condition for success is relevance and adoption among colleagues, something that Bas Rapati and his team work on every day. This ensures that Van Lanschot Kempen remains an innovative, future-oriented wealth manager.”

In 2025, Van Lanschot Kempen focused, among other things, on the further development of Client Center, an advanced platform developed in-house that brings together all digital tools for private bankers and relationship managers. These include client communication, wealth planning, document management and client task management. The integrated AI assistant provides employees with predictive insights and comprehensive input to optimally prepare for and follow up on client meetings. As a result, every client interaction is meaningful and tailored to individual needs.

In addition, in 2025 Van Lanschot Kempen significantly improved its client acceptance and risk assessment process for clients who have accumulated their wealth through crypto investments. As the first financial institution in the Netherlands and Belgium, Van Lanschot Kempen now facilitates the careful onboarding of clients with digital assets by integrating structured blockchain analysis into its customer due diligence and anti-money laundering processes.

Van Lanschot Kempen successfully issued €500 million Soft Bullet Covered Bond

Thu, 23 Apr 2026 16:30:00 +0200

23 April 2026, Van Lanschot Kempen successfully issued a €500 million 3-year Soft Bullet Covered Bond with a 2.875% fixed coupon. The deal had a final order book of over €1.35 billion and was placed with a broad range of European institutional investors.

The bonds are rated AAA by Standard & Poor’s and are listed on Euronext Amsterdam.

Van Lanschot Kempen’s Soft Bullet Covered Bond Programme is Dutch law-based and backed by a pool of Dutch residential mortgage loans. More information, including the base prospectus of this programme and the final terms of the transaction, are available on Debt investors library.

Van Lanschot Kempen mandated ABN AMRO, BNP Paribas, DZ Bank, LBBW and Rabobank as Joint Lead Managers for this transaction.

Van Lanschot Kempen shareholders agree to proposed return of capital

Thu, 09 Apr 2026 17:00:00 +0200

Van Lanschot Kempen’s shareholders today approved the proposed return of capital in the amount of €0.80 per Class A share in issue during an extraordinary general meeting.

Van Lanschot Kempen has the intention to return a total of approximately €34 million in capital in June 2026, subject to the legally prescribed period applicable to this capital return. The capital return will be charged to the share premium reserve available for distribution. The total share capital in issue will be unchanged.

Proposed dates related to capital return

Ex-date: 23 June 2026
Record date: 24 June 2026
Payment date: 25 June 2026

Van Lanschot Kempen publishes agenda for the 2026 annual general meeting

Thu, 09 Apr 2026 16:30:00 +0200

Van Lanschot Kempen today released the agenda and explanatory notes for its annual general meeting (AGM) on 21 May 2026. The convening notice and the meeting’s agenda with explanatory notes are available on the page Shareholders' meetings.

The AGM will be held on 21 May 2026 in the Van Lanschot Kempen Tower in 's-Hertogenbosch and will start at 2.00 pm.

Van Lanschot Kempen wins SRP Europe Award 2026 for Best Distributor Netherlands

Wed, 01 Apr 2026 09:00:00 +0200

Van Lanschot Kempen has won the Best Distributor Netherlands award at the annual SRP Europe Awards ceremony in London. With this award, Structured Retail Products (SRP) recognises Van Lanschot Kempen’s consistent performance and its role within the Dutch structures products market.

The SRP Europe Awards 2026 are European awards presented by Structured Retail Products and focus on assessing distributors and products in the structured products market based on performance. For this award, 238 structured products distributed by Van Lanschot Kempen were included in the assessment. Criteria included, among others, realised returns, volumes and the use of products within investment portfolios under different market conditions.

Bob Stroeken, Director Investment Research & Content at Van Lanschot Kempen: ‘’At Van Lanschot Kempen, structured products are an integral part of our wealth management proposition; particularly within investment advisory portfolios. Over the past few years, we have worked with various specialist teams to clearly position this proposition, with the aim of offering solutions that meet clients’ needs.

That this approach is paying off is demonstrated, for example, by a recent successful product launch that taps into the structural growth of artificial intelligence, while at the same time limiting downside risk. Being awarded the SRP Award for Best Distributor Netherlands underscores the added value we deliver to clients.''

Van Lanschot Kempen completes share buy-back programme

Tue, 31 Mar 2026 08:30:00 +0200

Van Lanschot Kempen today announced that it has completed its share buy-back programme. In the last period, from 24 March 2026 until 30 March 2026, Van Lanschot Kempen has repurchased 39,658 of its own shares (depositary receipts for Class A ordinary shares). The shares were repurchased at an average price of €57.71 per share for a total amount of €2,288,737.

A total of 266,385 shares have been repurchased under the programme at an average price of €56.31 per share, representing a total amount of €14,999,961.

The programme was announced on 26 February 2026. The repurchased shares will be used to cover the depositary receipts to be allocated to employees under existing remuneration policies and share schemes.

More information, including a detailed overview of the repurchase transactions under this programme, is available on Share buy-back.

Van Lanschot Kempen wins Gouden Stier for Best Investment Funds

Fri, 27 Mar 2026 10:00:00 +0100

Van Lanschot Kempen has won the 2025 IEX Gouden Stier for Best Investment Funds and has therefore been named Fund provider of the year. This prize is awarded annually by an independent expert jury, following a pre-selection by retail investors.

The IEX Gouden Stier Awards are organised annually by the well-known investment platform IEX Media and are regarded as the leading independent investment awards in the Netherlands. The selection is based on the Nationaal Beleggersonderzoek, in which thousands of retail investors share their views, supplemented by an assessment from an independent expert jury. This year, 8,700 respondents gave their opinion on, among other things, brokers, private banks and asset managers.

Alain van der Heijden, Head of Wholesale & Investment Strategies at Van Lanschot Kempen: “This Gouden Stier is a wonderful recognition of the many years of investment expertise of our fund managers. The award underlines the strength of our investment teams. With our active, long-term oriented approach, we can consistently add value for our clients across a wide range of markets.”

Florentine Hanlo, Head of Private Client Solutions at Van Lanschot Kempen: “This award is a recognition of our client-focused investment approach. Thanks to our strong combination of deep personal relationships and many years of investment expertise, we can offer high‑quality investment solutions that match our clients’ needs. As a specialised, independent wealth manager – with a private bank and asset manager under one roof – we are close to our clients. It is a great compliment that our approach is recognised by an independent expert jury, but it is even more important to us that investors, and therefore our clients, appreciate it as well.”

As of 31 December 2025, Van Lanschot Kempen had €159 billion in Assets under Management, of which €65.4 billion for private banking clients and €93.5 billion for institutional clients.

Van Lanschot Kempen Investment Management releases Stewardship and Sustainable Investment Report 2025

Thu, 26 Mar 2026 11:00:00 +0100

Van Lanschot Kempen Investment Management today publishes its Stewardship and Sustainable Investment Report 2025. The report offers clients, shareholders and other stakeholders a detailed insight in our approach to sustainable investments during the year.

Erik van Houwelingen, Member of the Management Board and responsible for Investment Management Clients: “2025 saw a great deal of turbulence. Shifts in international relations had a major impact, including on sustainability views and on our investment portfolios. Investors are called to straddle movements that sometimes appear to be pulling in opposite directions: on the one hand, we’re witnessing one natural disaster after another and feeling the growing urgency to become more sustainable, while, on the other, there’s a renewed focus on fossil energy and an increasing need to invest in safety and autonomy. Polarisation sometimes seems to be widening the gap between the two views ever further, and with it the need to navigate.

“In this complex landscape, we’re here for our clients: together we set that course towards their long-term goals. As active investors, we do the same in our own portfolios, with agility and focus.”

The full report can be downloaded from the website:
Stewardship and Sustainable Investment Report 2025

Van Lanschot Kempen recognised with two Euromoney Private Banking Awards 2026

Fri, 20 Mar 2026 09:00:00 +0100

At the annual Euromoney Private Banking Awards 2026 in London, Van Lanschot Kempen received two awards. Van Lanschot Kempen Private Banking was recognised as ‘Best for Digital Solutions’ in the Netherlands. In Belgium, Mercier Van Lanschot was named ‘Best for HNW’ (high-net-worth).

These awards highlight Van Lanschot Kempen’s focus on distinctive wealth management services, with personal attention for clients strengthened by digital innovation. For over twenty years, Euromoney’s Private Banking Awards have recognised leading European private banks in various categories and aim to promote excellence within the sector.

Maarten Edixhoven, chair of the Management Board: “These awards are a great recognition of how we, as an independent and specialised wealth manager, serve our clients. They reflect that we are relevant to our clients at the moments in their lives that matter most to them. We invest in digitalisation and AI to ensure that our personal service is strengthened by technology. We are grateful for the trust our clients place in us and for the growth this brings. Above all, this recognition is a compliment to our colleagues, who work every day to strengthen relationships and deliver high-quality service to our clients.”

Van Lanschot Kempen’s reaction to media report regarding its Investment Strategies activities

Wed, 18 Mar 2026 14:45:00 +0100

Van Lanschot Kempen has taken note of a recent media report regarding its Investment Strategies activities.

Van Lanschot Kempen Investment Management is focused on further growth and creating value for clients for its listed investment strategies. In that light, we continuously explore options to strengthen these activities further through partnerships.

Van Lanschot Kempen remains focused on executing its independent specialist wealth management strategy through the combination of private banking, investment management and investment banking.

Van Lanschot Kempen appointed fiduciary manager by University of Bristol Pension and Assurance Scheme

Wed, 18 Mar 2026 09:00:00 +0100

Van Lanschot Kempen Investment Management UK (“Van Lanschot Kempen”) today announces its appointment by the Trustee of the University of Bristol Pension and Assurance Scheme as its new fiduciary manager. The mandate contributes £220 million in assets under management and follows a competitive tender process led by IC Select.

Founded in 1876, the University of Bristol is one of the UK’s leading higher education institutions, consistently ranking among the top universities globally. With over 30,000 students, it is renowned for its academic excellence, innovation, and global impact, while remaining firmly committed to sustainability, social responsibility, and producing world-class research. The University of Bristol Pension and Assurance Scheme supports retired staff and has more than 4,000 members.

Delivering a fully bespoke fiduciary management service, Van Lanschot Kempen will work closely with the Trustee and its other advisers to implement a tailored investment strategy aimed at achieving the scheme’s journey to full funding. Van Lanschot Kempen added the assets to its Assets under Management in the fourth quarter of 2025.

Colin Richardson, (Zedra Governance Limited) Trustee of the University of Bristol Pension and Assurance Scheme, said: “The decision to appoint Van Lanschot Kempen as our new fiduciary manager followed a “whole of market” detailed tender exercise. It reflected their attention to the requirements of the Trustee and employer, the team’s strong technical expertise, commitment to providing bespoke investment solutions, and the implementation of a robust governance framework. Their dynamic asset allocation approach, resilient risk management, and steadfast focus on ESG integration were also key differentiators for us throughout the process. We look forward to working with their team as we journey towards full funding, while ensuring improved security and outcomes for our members.”

Jonathan Craddock, Client Director at Van Lanschot Kempen, at Van Lanschot Kempen Investment Management, said: “Our appointment by the Trustee is testament to our position as a trusted partner to pension schemes across the UK. With an established record in delivering client and operational excellence, we are committed to working closely with the Trustee to provide a tailored investment solution that meets the unique needs of the scheme and, ultimately, is supportive of better outcomes for its members.”

Peter Dorward, Managing Director, IC Select Ltd (a third-party evaluator), said: “IC Select was delighted to support the Trustee, Zedra, the Sponsor and the University of Bristol procurement team throughout what was an exceptionally thorough and rigorous public tender process. We were pleased to see Van Lanschot Kempen appointed as Fiduciary Manager and to have provided additional support to the Trustee through the onboarding process. We look forward to continuing to support the Trustee in its ongoing oversight of Van Lanschot Kempen.”

This announcement builds on the strong momentum achieved by Van Lanschot Kempen’s fiduciary business in the UK this year, and follows the firm’s appointment as the fiduciary manager to two pension plans sponsored by companies within the Holcim Group.

Van Lanschot Kempen extends partnership with EY Entrepreneur Of The Year for another two years

Fri, 13 Mar 2026 09:00:00 +0100

Van Lanschot Kempen will continue its partnership with the EY Entrepreneur Of The Year Award for the next two years. This prestigious award recognises outstanding entrepreneurs in the Netherlands. Since 2022, Van Lanschot Kempen has been the main partner of this leading entrepreneurship initiative, which is organised by EY Netherlands, the accounting and advisory firm. The partnership reflects Van Lanschot Kempen’s ambition to support and encourage entrepreneurship in the Netherlands.

Wendy Winkelhuijzen, member of the Management Board at Van Lanschot Kempen and responsible for Private Clients Netherlands, says: “Entrepreneurship has been deeply embedded in Van Lanschot Kempen for nearly 300 years. For generations, we have guided entrepreneurs through different stages of their lives at moments that matter, both professionally and personally. We understand their challenges and the ambitions that drive them. Celebrating and recognising entrepreneurship with the EY Entrepreneur Of The Year award is a powerful reflection of this commitment—and inspires us every year. We are therefore delighted to continue our partnership with EY for the coming two years.”

René Carrillo, EY Netherlands Private Markets Leader: “We are very pleased to extend our main partnership for the next two years. Van Lanschot Kempen has a strong network among potential candidates for the Entrepreneur Of The Year award and brings valuable expertise on the financial challenges entrepreneurs face at different stages of their business journey. This makes them a highly valuable partner for the continued development of the Entrepreneur Of The Year programme.”

The EY Entrepreneur Of The Year Award has been presented for more than thirty years and is now held in more than sixty countries worldwide. The award aims to recognise and celebrate innovative entrepreneurs, encouraging and supporting them to bring out the best in themselves, their clients, and their employees.

More information about EY Entrepreneur Of The Year: EY Entrepreneur Of The Year™ | EY - Netherlands.

Van Lanschot Kempen’s Farmland Fund acquires two blueberry farms in the US

Thu, 12 Mar 2026 09:00:00 +0100

Blueberryfields Pan-American on the shores of Mayfield Lake in Mossyrock, Washington

Van Lanschot Kempen Investment Management announces that its Kempen SDG Farmland Fund has acquired the Pan American and Othello blueberry farms in the Pacific Northwest, United States (US).

Together, the two assets comprise approximately 300 planted hectares and 405 hectares in total, across Oregon and Washington, US. The transaction represents a further step in the fund’s long-term strategy to build a diversified platform of productive farmland and high-quality permanent crops while delivering an attractive return on investment.

The investment increases the fund’s exposure to fruit crops which are experiencing growing consumer demand, while deepening the portfolio’s presence in a region renowned for reliable production conditions and strong local agricultural expertise.

Richard Jacobs, Head of Farmland Investments at Van Lanschot Kempen Investment Management: “This acquisition is the next step in our commitment to developing a long-term investment platform for productive farmland. Sustainability and innovation are at the core of our investment beliefs. The Pan American and Othello blueberry farms combine high-quality farmland, favourable growing conditions, best-in-class infrastructure, and on-the-ground expertise. Together, they will anchor and enhance our investment approach in key regions for organic and established orchards, and should enable the fund to make an active, positive contribution to both our investment goals and our commitment to facilitate a significant shift towards sustainable farmland.”

Investing to meet the growing demand for permanent fruit crops

The Kempen SDG Farmland Fund aims to capitalise on the significant investment opportunities generated by sustainable food production and consumption trends. Blueberries are a staple fruit category in US household diets, and the Pacific Northwest plays a central role in supplying an increasing demand to a large, domestic market.

Combining enhanced infrastructure and operational depth with local market expertise

The combination of established orchards in Oregon and an organically managed site in Washington brings scale, diversity and long-term relevance to the portfolio.

The Oregon asset includes a modern packing and cold storage facility, increasing efficiencies from harvest to market. The infrastructure strengthens quality control, reduces handling time and enables consistent delivery during peak periods.

The day-to-day operation of the farms will continue in partnership with Silver Valley Farms, a specialist grower with deep regional experience. Their on‑the‑ground presence ensures that decisions are informed by local conditions, agronomy, and market timing.

Sustainability integrated from the outset

Each asset will be incorporated into the fund’s sustainability framework through farm-specific implementation plans and targets, establishing accountability from the start and ensuring new holdings contribute meaningfully to the fund’s climate and biodiversity objectives.

Van Lanschot Kempen launches second private equity fund focused on North America

Mon, 02 Mar 2026 09:00:00 +0100

Van Lanschot Kempen Investment Management today introduces a new private equity fund focused on North America. With the Kempen North American Private Equity Fund II, private banking clients can invest, through carefully selected specialised private equity managers and direct co-investments, in small and mid-sized private companies in North America.

Wendy Winkelhuijzen, Member of the Management Board of Van Lanschot Kempen, responsible for Private Banking Netherlands: “The demand for private markets offerings remains strong. In 2025, private banking clients committed more than €540 million to our private equity funds, which have become a component of well‑diversified investment portfolios. As a wealth manager with an in-house investment manager, we can respond to this demand with diversified solutions. Thanks to our broad network and the long-standing expertise of our private markets specialists, we offer clients access to opportunities that were traditionally available only to institutional investors.”

This is the second fund focused on North America and the sixth private equity fund that Van Lanschot Kempen has launched since 2018. Like its predecessor, the fund is offered in a closed-end structure with a ten-year term. By combining investments in private equity funds with co-investments, the fund achieves strong diversification and is designed to generate positive cash flow sooner.

Sven Smeets, Head of the Private Equity Strategy at Van Lanschot Kempen Investment Management: “North America is the world’s largest and most dynamic private equity market. Despite the challenging geopolitical environment, we continue to see a wide range of high-quality companies with realistic valuations in the North American private equity sector. Our investment approach remains unchanged and focuses on small and mid-sized companies with relatively lower entry valuations, responsible use of leverage, and strong operational and strategic improvement programs. In North America, these companies form the backbone of the economy and often offer the highest return potential. In this way, we cater to the demand for attractive illiquid investment opportunities that could contribute to expected long-term growth.”

Disclaimer

This is a marketing message.

Kempen North American Private Equity Fund II (the "Sub-fund") is a sub-fund of the Van Lanschot Kempen Umbrella III Coöperatief U.A. (the “Fund”), domiciled in the Netherlands. Van Lanschot Kempen Investment Management NV (VLK IM) is the manager of the Fund. VLK IM is authorised as a management company and regulated by The Netherlands Authority for the Financial Markets. The Fund is registered under the license of Van Lanschot Kempen Investment Management NV at the Netherlands Autoriteit Financiële Markten (AFM).

The information in this document provides insufficient information for an investment decision. Therefore, read the Prospectus and the Essential Information Document. These documents are available on the website of VLK IM (www.vanlanschotkempen.com/en-nl/investment-management/investment-strategies). The Fund is registered for offering in a limited number of countries. The countries where the Fund is registered can be found on the website.

Risk classification EID: Because the value is calculated only once a quarter, the risk indicator is classified in class 6
and the likelihood of potential losses assessed as high.

Sustainability: SFDR article 6

The fund is a closed-end investment fund and is intended exclusively for professional investors or experienced retail investors (qualified investors).

Capital at risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested. Past performance provides no guarantee for the future.

This press release does not constitute an offer or solicitation for the sale, purchase or acquisition in any other way or subscription to any financial instrument and is not a recommendation to perform or refrain from performing any action.

This press release is a translation of the Dutch language original and is provided as a courtesy only. In the event of any disparities, the Dutch language version will prevail. No rights can be derived from any translation thereof.

Van Lanschot Kempen releases 2025 annual report

Thu, 26 Feb 2026 08:01:00 +0100

Van Lanschot Kempen today releases its 2025 annual report. The report offers the company’s stakeholders a comprehensive view of Van Lanschot Kempen’s performance in 2025.

The full annual report – consisting of the directors’ report, the annual accounts, the remuneration report, the sustainability statement and appendices – is available in the Financial results section of our website.

Financial calendar

9 April 2026 - Extraordinary general meeting (EGM)
7 May 2026 - Publication of first-quarter 2026 trading update
21 May 2026 - Annual general meeting (AGM)
25 May 2026 - Ex-dividend date
3 June 2026 - 2025 dividend payment date
23 June 2026 - Ex-capital return date
25 June 2026 - Capital return payment date
27 August 2026 - Publication of 2026 half-year results
30 October 2026 - Publication of third-quarter 2026 trading update

Van Lanschot Kempen launches share buy-back programme to fund remuneration policy and share schemes

Thu, 26 Feb 2026 08:00:00 +0100

On 26 February 2026, Van Lanschot Kempen will start the repurchase of its own shares (depositary receipts for Class A ordinary shares), to a maximum total value of €15 million. Amounting to c. 300,000 shares at the closing price on 25 February 2026, the programme will serve to cover the depositary receipts to be allocated to employees under the existing remuneration policy and share schemes.

The share buy-back programme will end on the day before the publication of Van Lanschot Kempen’s 2026 annual figures, or sooner if the maximum total value is reached. The share buy-back programme will be executed in compliance with the Market Abuse Regulation and within the authorisation to acquire a maximum of 10% of the issued capital as granted by the general meeting of shareholders on 22 May 2025. Van Lanschot Kempen has mandated ABN AMRO with the implementation of its share buy-back programme. ABN AMRO will make its trading decisions independently of Van Lanschot Kempen.

Weekly updates on the share buy-back programme will be provided in press releases and on the Share buy-back programmes page of our website.

Van Lanschot Kempen announces EGM on capital return proposal

Thu, 26 Feb 2026 08:00:00 +0100

On 9 April 2026, Van Lanschot Kempen will hold an extraordinary general meeting (EGM) to decide on its proposal to return capital in the amount of €0.80 per Class A ordinary share in issue. This proposal was announced on the day of the release of Van Lanschot Kempen’s 2025 full-year results on 26 February 2026. De Nederlandsche Bank (DNB) has approved the capital return.

If shareholders agree to the capital return, payment will, in principle, take place in June 2026. This will be charged to the proportion of the share premium reserve available for distribution, and the total share capital in issue will be unchanged. At the end of 2025, the CET1 ratio amounted to 18.2%, according to the “Basel IV fully loaded” definition. The impact of the capital return on the CET1 ratio is approximately 0.7% percentage points, resulting in a pro-forma CET1 ratio of 17.5%, which is in line with Van Lanschot Kempen’s target.

The capital return proposal and resolutions to amend the Articles of Association to effect the return will be put to a vote at the EGM scheduled to take place in ‘s-Hertogenbosch, the Netherlands, on 9 April 2026 at 2.00 pm CEST. The notification, agenda and explanatory notes, and the proposals to amend the Articles of Association may be accessed at Shareholders’ meetings on our website.

Van Lanschot Kempen: net profit rises 11% to €157.4 million with strong net AuM inflows of €7.9 billion

Thu, 26 Feb 2026 07:00:00 +0100

Maarten Edixhoven, Chair of the Management Board, said: “In 2025, we delivered very strong results against a backdrop of geopolitical uncertainty, with profit increasing to €157.4 million. Current and new clients entrusted us with more of their wealth and client assets rose by 7% to €180 billion. Client satisfaction, a key gauge of our success, remained high across private banking, investment management and investment banking.

“Within private banking, we’re seeing ever greater demand from families seeking advice as they prepare for a transfer of wealth to the next generation. Research we carried out with Campden Wealth revealed that over half of all family offices in the Benelux region expect the next generation to take over at the helm of the family company within the next decade. A large majority of family offices is active in philanthropy and impact investing, a development we see more broadly among our clients. It’s precisely at times of major personal and financial impact that our clients experience the added value of our specialist teams helping them to achieve their long-term goals. Our growth momentum stayed robust and bolstered our position in the market. In the Netherlands, assets under management (AuM) grew by 10% and Belgium showed an impressive 16% increase, albeit from a smaller base. To help us provide an unchanged high level of personal service, we welcomed new colleagues and also expanded our local presence.

“Private banking clients are increasingly moving into private market investments. This resulted in growth for our private equity products, with commitments from clients in the Netherlands, Belgium and Switzerland of over €540 million to put into our newly launched private equity funds. We’re also noting growth among institutional clients, with multiple pension funds in the Netherlands and the United Kingdom having selected us as their fiduciary manager. For our liquid investment strategies, 2025 was a challenging year, chiefly because of outflows from our small-cap investment strategies.

“Through strategic partnerships we add scale, innovation and additional expertise to our services. We choose partners that are a good fit in terms of culture and shared long-term focus. In 2025, we embarked on a partnership with State Street Investment Management to strengthen our investment solutions, including through active ETFs, and early in 2026 we announced our intention to team up with KBC Securities in a 50/50 joint venture to combine our investment banks’ specialist equities activities. This combination will form a leading equities broker in the Benelux region and a pan-European specialist in real estate and life sciences.

“We are further supporting our growth and personal service by investing in digitalisation and AI, focusing on specific applications to improve the client experience, tools for analysing investments and more efficient administrative processes. A great deal of attention was also paid to training our people to apply AI in a responsible and productive way.

“In 2026, we’ll stay focused on implementing our ‘Growing further together’ strategy and will continue to invest in digital acceleration and scalable growth, always in the service of our personal offering. In these volatile times, which call for resilience and agility, we’re staying close to our clients. I’d like to thank all our colleagues for their engagement and commitment, and our clients for their trust.”

Performance report, presentation and webcast

For a detailed discussion of Van Lanschot Kempen’s results and balance sheet, please see our performance report and presentation on the 2025 full-year results in the Financial results section. In a conference call on 26 February at 9:00 am CET, we will discuss our 2025 full-year results in greater detail. This can be viewed live at Financial results and played back later.

Financial calendar

Please find the full press release under the ‘Download’ section for more information.

Van Lanschot Kempen has been named Real Estate Manager of the Year at the Nederlandse Pensioen Awards

Fri, 20 Feb 2026 15:44:00 +0100

Van Lanschot Kempen Investment Management won the award for Real Estate Manager of the Year at the Nederlandse Pensioen Awards. An expert jury selected the winners based on their outstanding performance, innovative ideas, and leading role in the Dutch pension sector.

Wilse Graveland, Head of Institutional Solutions at Van Lanschot Kempen: “We are very pleased with this recognition for our real estate solutions. This award highlights the strength of Van Lanschot Kempen’s broad real estate expertise and the trust our clients place in our long-term approach. As fiduciary manager, we are also proud that the StiPP Pensioenfonds has been awarded the Dutch Pensions Innovation Award. StiPP has consciously chosen an ambitious investment approach, with broad diversification and innovative investments, where financial returns go hand in hand with social impact. This award is a wonderful compliment for our team and a reward for the path that we and our clients have embarked upon.”

Van Lanschot Kempen offers a comprehensive real estate proposition for both institutional and private investors. Within Investment Management, Van Lanschot Kempen advises and manages real estate investments for pension schemes and insurers, often alongside or as part of a broader illiquid portfolio. In addition, Van Lanschot Kempen’s private bank supports entrepreneurs and high-net-worth individuals with private market solutions, including real estate financing and strategic advice. This combination of institutional knowledge and private client services strengthens our expertise across the board.

Van Lanschot Kempen appoints Michelle Darracott as UK Chief Executive

Tue, 17 Feb 2026 08:00:00 +0100

Van Lanschot Kempen Investment Management (UK) Ltd (“Van Lanschot Kempen”) today announces the appointment of Michelle Darracott as its new Chief Executive Officer, effective April 1, 2026.

Based in London, Michelle will be responsible for growing Van Lanschot Kempen’s bespoke fiduciary management offering for UK pension schemes, with the objective of further establishing the firm as the preferred provider in the UK market. She will also oversee the distribution of the firm’s specialist, actively-managed investment strategies in the UK.

Michelle brings more than 30 years’ experience across the UK pensions and investment landscape, combining deep investment expertise with senior leadership roles spanning strategy, technology and client delivery. Most recently, she served as a Professional Trustee at BESTrustees Limited, a leading provider of professional trusteeship services to UK occupational pension schemes, and as a Non-Executive Director at TPT Retirement Solutions. Previously, Michelle was Chief Strategy Officer at Smart Pension, where she played a key role in driving international growth, and held a number of senior positions at Legal & General Investment Management, including Head of Strategic Change and Head of Digital Investing.

Johan Cras, who has served as interim CEO of the UK business, will resume his prior role as Senior Advisor for Investment Management Clients.

Erik van Houwelingen, Member of the Management Board of Van Lanschot Kempen, responsible for Investment Management Clients, said: “Michelle’s appointment marks an important step in the continued development of our UK business. The UK fiduciary management market is evolving rapidly, and demand for bespoke, high-quality solutions has never been greater. Michelle brings deep market knowledge, strong leadership experience and a clear alignment with our client-first culture. I am delighted to welcome her to Van Lanschot Kempen. I would also like to thank Johan Cras for his steadfast leadership during his time as interim CEO and look forward to continuing working with him as he resumes his role as Senior Advisor.”

Michelle Darracott commented: “Van Lanschot Kempen has a proven track record of delivering strong outcomes for clients. The firm has built real momentum in the UK, and I’m excited to lead the next phase of growth. At a time of significant change in the pensions landscape, trustees and sponsors need a tailored, partnership-led approach and a fiduciary manager that can provide clear insight, flexibility and solutions designed around their specific circumstances. I look forward to working with the team to support clients in achieving their long-term objectives.”

The appointment of Michelle Darracott is subject to regulatory approval.

Van Lanschot Kempen secures fiduciary management mandate for Holcim Group pension plans

Wed, 28 Jan 2026 10:30:00 +0100

Van Lanschot Kempen Investment Management UK (“Van Lanschot Kempen”) announces its appointment by the Trustee of the Lafarge UK Pension Plan and the Aggregate Industries Pension Plan as their new fiduciary manager. Both plans are sponsored by companies within the Holcim Group and have total assets of approximately £2.5 billion.

The mandate underscores the firm’s reputation as a trusted partner, providing bespoke and innovative investment solutions to pension schemes in the UK. The competitive selection process was led by XPS.

Headquartered in Switzerland, Holcim Group is a global leader in building materials and solutions, operating in over 45 countries including the UK, where it operates more than 200 sites and has 4,000 colleagues. Holcim Group is a leading partner within the sustainable construction sector, creating value across the built environment from infrastructure and industrial projects to residential and commercial buildings. The pension plans support retired staff and have over 20,000 members in total.

The agreement was signed in October 2025, and Van Lanschot Kempen took over the fiduciary management of the assets in the fourth quarter of 2025. Since then, the team has collaborated with the Trustee to ensure smooth onboarding.

Under the arrangement, Van Lanschot Kempen delivers a fully bespoke fiduciary management service in close collaboration with the plans’ Trustee and other advisors. The investment strategy is tailored to each Plan and in particular the management of a significant portfolio of private markets assets.

Aligned with the Holcim Group’s focus with putting sustainability at the core of its strategy, Van Lanschot Kempen implements Environmental, Social and Governance (ESG) considerations throughout the process.

Alan Baker, Chair of Trustees, said: “We were pleased to appoint Van Lanschot Kempen as our fiduciary manager following a rigorous, whole-of-market selection exercise. The Van Lanschot Kempen team distinguished themselves throughout the process, demonstrating their deep investment expertise and clear commitment to partnership. We were impressed by their strength in managing alternative asset classes in addition to the consideration shown for the long-term funding needs of each Plan. The Trustee was confident that their approach will support each scheme’s funding objectives and enhance the security and outcomes for members. All of our experiences since making the appointment have confirmed that we made the right choice.”

Erik van Houwelingen, Member of the Management Board of Van Lanschot Kempen, responsible for Investment Management Clients, said: “We are delighted to have been appointed by the Trustee as their fiduciary manager, further building on our momentum in the UK. In today’s increasingly complex pensions landscape, we are committed to delivering as the challenger of choice, working with trustees in close partnership to address the specific requirements of their schemes. Our bespoke, outcomes-focused investment framework enables us to design strategies that align with each scheme’s long-term objectives, and we look forward to forming a lasting partnership with the Trustee of the Lafarge UK Pension Plan and Aggregate Industries Pension Plan to deliver improved outcomes for members.”

Andre Kerr, Head of Fiduciary Management Oversight at XPS Group, added: “Following a competitive selection process, XPS is pleased to have supported the Trustee of the Lafarge UK Pension Plan and Aggregate Industries Pension Plan in the appointment of Van Lanschot Kempen. Its team stood out for their investment expertise, implementation of an open architecture model, and their ability to address each scheme’s distinct requirements, all while ensuring a careful balance between liquidity and investment returns.”

Stichting Pensioenfonds voor de Woningcorporaties selects Van Lanschot Kempen as fiduciary manager

Tue, 20 Jan 2026 08:00:00 +0100

Stichting Pensioenfonds voor de Woningcorporaties (SPW) has appointed Van Lanschot Kempen Investment Management (Van Lanschot Kempen) as its new fiduciary manager. Over the past year, the pension scheme, supported by Montae & Partners, conducted an extensive selection process for a fiduciary manager.

SPW manages the pensions of all employees covered by the Woondiensten collective labour agreement. The pension fund oversees the pensions of approximately 80,000 participants and has assets under management totalling over €15 billion. Onboarding by Van Lanschot Kempen began in January 2026, and fiduciary advisory services are being gradually implemented. As of 1 January 2027, Van Lanschot Kempen will take on full fiduciary management of all SPW’s assets.

Henk Jagersma, Employer Chair of the SPW board: “After an intensive selection process, we have chosen Van Lanschot Kempen as our new fiduciary manager. From the very first contact, there was a strong professional connection, further reinforced by their client-focused and entrepreneurial attitude, which immediately appealed to us. As a pension scheme, we are dedicated every day to providing a good pension for all our participants. With Van Lanschot Kempen, we have found a partner who will help us realise our ambitions and position ourselves for the future.”

Erik van Houwelingen, Member of the Management Board of Van Lanschot Kempen, responsible for Investment Management Clients: “We are proud that SPW has entrusted us as their new fiduciary manager. Throughout the extensive selection process, we greatly appreciated the drive and expertise of the board and its office, and we see a strong cultural alignment between our organisations. Our goal is to serve pension funds that fit our values and approach, focusing on selective, sustainable growth that aligns with Van Lanschot Kempen’s wealth management strategy. As an independent advisor, we maintain an open architecture model within a robust governance framework, making optimal use of our expertise in responsible investing and alternative investments. We look forward to a long-term partnership with SPW.”

Concertgebouw Young Talent Award for Liam Nassereddine

Wed, 14 Jan 2026 09:00:00 +0100

The 15-year-old pianist Liam Nassereddine has won the Concertgebouw Young Talent Award, a prize presented by The Concertgebouw to the most promising musical talents. “It’s fantastic to see how Liam, who has performed with us multiple times, has developed so rapidly. The joy he brings to his playing is truly inspiring. He is a very deserving winner of our Young Talent Award!” says managing director Simon Reinink.

The award, made possible in part by main sponsor Van Lanschot Kempen, consists of a bronze sculpture, a €5,000 scholarship, and support for the winner’s further professional development by The Concertgebouw. On 16 March 2026, the award will be presented during a gala dinner at The Concertgebouw, where the young pianist will also make his debut as a soloist in the Main Hall.

A surprise for the young pianist
Liam was brought to The Concertgebouw by his parents under a pretext. There, the director of The Concertgebouw welcomed them and surprised him with the news: he had won the Concertgebouw Young Talent Award and would perform in the Main Hall during the award ceremony on 16 March 2026. In 2023, Liam Nassereddine had already won the 15th edition of the Royal Concertgebouw Competition.

Liam Nassereddine: “At first, I couldn’t believe it. When the director of The Concertgebouw surprised me with the news, I was absolutely thrilled. It’s a tremendous honour! I’m also really looking forward to performing in the Main Hall at the award ceremony.”

Maarten Edixhoven, Chair of the Management Board of Van Lanschot Kempen: “Encouraging young talent is always and everywhere of great importance. As main sponsor of The Concertgebouw, we are proud that Liam is receiving the Young Talent Award. His rapid development and pure joy in playing are truly impressive. We hope that this recognition will inspire him to reach even greater heights, and that he will continue to motivate others to contribute to a vibrant cultural future.”

Previous winners include pianists Lucas and Arthur Jussen (2011), violinist Noa Wildschut (2013), soprano Laetitia Gerards (2014), recorder player Lucie Horsch (2015), pianist Aidan Mikdad (2017), pianist Nikola Meeuwsen (2019), singer Nai Barghouti (2021), the National Women’s Youth Choir (2023), and the Leonkoro Quartet (2024). Liam Nassereddine is the tenth recipient of the award.

Main sponsor Royal Concertgebouw
Van Lanschot Kempen supports The Concertgebouw in various ways in making (classical) music accessible. With the Young Talent Award and concerts, but also with animations about classical music and a glimpse behind the scenes.

KBC Securities and Van Lanschot Kempen Investment Banking announce joint venture in equities

Tue, 06 Jan 2026 18:45:00 +0100

KBC Securities and Van Lanschot Kempen Investment Banking announce their intention to combine their specialist equities activities into a 50/50 joint venture. The new entity will be a leading Benelux broker also specialising in pan-European real estate and life sciences. With this strong platform, clients will benefit from an expansion of stocks under research coverage and enhanced liquidity. The joint venture will support the investment banking activities of both KBC Securities and Van Lanschot Kempen Investment Banking, to deliver value to both corporate as well as institutional clients.

Joint venture highlights
KBC Securities and Van Lanschot Kempen Investment Banking will transfer their equities businesses to the joint venture combining all current activities related to equity research, sales, sales-trading, and trading and Equity Capital Markets (ECM) execution. Furthermore, the joint venture will be the exclusive distribution channel for all ECM business for the respective clients of Van Lanschot Kempen Investment Banking and KBC Securities. Both parties will continue to be engaged in client coverage in respect of ECM transactions and will independently offer corporate finance services, including M&A advice.

Offering clients expanded coverage and liquidity
For investors, the joint venture will provide access to an extensive research coverage of about 230 stocks, with a strong focus on the Benelux region as well as European real estate and life sciences companies.

For corporate clients, combining Van Lanschot Kempen’s pan-European, US and domestic investor base with KBC Securities’ Western-European and large domestic investor base is expected to substantially increase liquidity, placing power and investor coverage. The joint venture will deliver a broader client offering, combining expertise in corporate services such as liquidity providing and share buybacks with an extended geographic reach.

The combination of complementary activities will establish a scalable platform with the potential to expand in the future.

Johan Thijs, CEO of KBC Group, said: “This joint venture marks a pivotal step in the growth strategies of both Van Lanschot Kempen and KBC. By combining our local expertise with Van Lanschot Kempen’s complementary strengths, we are creating an international platform that gives access to European and US stock markets for Belgian corporate and institutional clients. This partnership reflects our commitment to long-term client success and innovation.”

Maarten Edixhoven, Chair of the Management Board of Van Lanschot Kempen, said: “This is a perfect match considering the focus on client excellence we share, aligned values and complementary services. The joint venture will allow us to first of all serve our respective clients better, at scale. In addition, it will bolster the ongoing success of our corporate finance activities, a key part of our unique wealth management offering. We strongly believe in the value of long-term partnerships as a key element of scalable growth, and this is an excellent example.”

Geert Cleuren, CEO of KBC Securities, said: “This partnership is entirely designed around client value. We will expand our reach and offer a full range of investment banking services, from equity research over trading to syndication. Together, we will create a Benelux powerhouse and become the reference for corporate and institutional clients.”

Dirk Saltzherr, Co-Head of Van Lanschot Kempen Investment Banking, said: “We are delighted to work with KBC Securities to create a strong and future-proof equities platform that will enable our distinctive and specialist equities business to flourish. As equal partners we are committed to deliver even more value to our clients with a wider scope and reach. Moreover, we look forward to unlocking further growth potential to the benefit of our clients and other stakeholders.”

Financial details and closing conditions
The joint venture will lead to increased profitability of the activities in scope. The transaction is expected to have an impact of approximately a quarter of a percentage point on Van Lanschot Kempen’s capital ratio. The transaction will have no material impact on the CET1 ratio of KBC Group.

The transaction is subject to customary closing conditions and is expected to close in Q4 2026. Until the closing, services to clients of KBC Securities and Van Lanschot Kempen will remain unchanged.