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APG and Ivanhoé Cambridge invest in Taronga Ventures’ built environment technology fund

APG and Ivanhoé Cambridge have invested in Taronga Ventures’ built environment technology Fund – RealTech Ventures I (RTVI), joining other leading global investors.

APG, the largest pension provider in the Netherlands with over EUR634 billion of assets under management, on behalf of its pension fund clients, has made its first investment into the built environment technology (Proptech) in the Asia Pacific.

With this strategic investment in RTVI, Ivanhoé Cambridge is pursuing the diversification of its portfolio in the Asia Pacific.

In addition to investment in the Fund, both groups will become partners in Taronga Ventures’ ESG Impact innovation programme, which will be implemented across Asia in 2022 and 2023. meThe program supports the adoption of best-in-class ESG technologies and innovations that drive real and measurable change.

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