# APG Asset Management Backs Faropoint's $1 billion US Industrial Real Estate Fund

> APG Asset Management committed to Faropoint's $1 billion Value Fund IV, its first investment with the firm.

- Published: 2026-10-26T14:27:59+00:00
- Section: Funding
- Author: News Desk
- URL: https://newsforagent.com/news/2026-10-26/apg-faropoint-industrial-fund-commitment
- Source: [Ipe](https://realassets.ipe.com/news/apg-backs-faropoints-1bn-us-industrial-real-estate-fund/10135361.article)

## Key takeaways

- APG Asset Management provided the largest single commitment to Faropoint's Value Fund IV, which seeks to raise $1 billion.
- Fund IV has acquired or placed under contract 30 properties totaling 1.72m sqft across nine markets.
- Teacher Retirement System of Texas anchored the strategy with a $225m commitment.

[APG Asset Management](https://akta.pro/company-profiles/003wzac/apg-asset-management), acting for Dutch pension fund [ABP](https://akta.pro/company-profiles/0006e1l/abp), has provided the largest single commitment to [Faropoint](https://akta.pro/company-profiles/0000toe/faropoint)'s Value Fund IV, which seeks to raise $1 billion. The exact amount was not disclosed. [Ipe](https://realassets.ipe.com/news/apg-backs-faropoints-1bn-us-industrial-real-estate-fund/10135361.article) reported the commitment, a first between APG and Faropoint.

## APG's First Faropoint Commitment

Faropoint launched Fund IV in June 2025 to acquire and enhance urban last-mile logistics properties across the US, aiming to build institutional-grade portfolios. The fund has acquired or placed under contract 30 properties totaling 1.72m sqft across nine markets, representing approximately $284m in total investment value, the manager said.

Raz Rahamim, Faropoint's global head of capital development, said: "Over the past decade, we have worked hard to build a competitive edge in urban logistics by combining our field teams' expertise, proprietary technology, and focus on long-term, consistent results."

Steven Hason, managing director and head of Americas real assets at APG, said: "This investment aligns with our focus on delivering long-term value for our clients through exposure to resilient real assets."

ABP, APG's largest client, moved €29 billion in US bond holdings to Europe while excluding France, finding Germany, the Netherlands and Spain more attractive, Het Financieele Dagblad reported on October 13, 2026.

## APG's Recent Investment Activity

According to akta.pro [company records](https://akta.pro/company-data), APG committed as a cornerstone investor to Korea Living Venture, a $300 million first-close fund managed by Tishman Speyer focused on rental housing in South Korea, in June 2026. The same records show APG increased its stake in renewable energy company Kallista Energy through the acquisition of an additional 38% interest together with PKZH, also in June 2026. APG manages approximately €601 billion in assets for pension fund clients representing 4.8 million participants.

## Earlier APG Leadership Changes

APG Asset Management named Christos Saltapidas quantitative fixed income trader in Amsterdam, The TRADE reported in October 2026. He focuses on trading government bonds and interest rate derivatives after six years with the firm. The TRADE also reported in October 2026 that BNY appointed Gary Hughes as equity sales trader in Dublin and GIC promoted Travis Ni to global head of cross-asset trading.

## ABP's Amsterdam Housing Acquisition

ABP acquired a 437-home mid-market rental development in Amsterdam's Schinkelkwartier district from Orion Investment Partners for an undisclosed sum, Ipe reported on September 30, 2026. The project includes 950sqm of commercial space, with construction starting late 2026.

## Companies in this story

- [APG Asset Management company profile](https://akta.pro/company-profiles/003wzac/apg-asset-management) · website: https://assetmanagement.apg.nl
- [ABP company profile](https://akta.pro/company-profiles/0006e1l/abp) · website: https://www.abp.nl
- [Faropoint company profile](https://akta.pro/company-profiles/0000toe/faropoint) · website: https://faropoint.com

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