Apg Asset Management Us, Inc (New York)

Apg Asset Management Us, Inc is a large advisory firm based in New York. It manages $133.89 billion of regulatory assets for 19 client accounts. It has been registered with the SEC as an adviser since 2012.

Apg Asset Management Us provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Apg Asset Management Us: assets under management

The assets under management (AUM) of Apg Asset Management Us, Inc is $133.89 billion. The firm's AUM has grown by 86% since the beginning of its operation, and $133.89 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $77.99 billion in discretionary accounts and $55.9 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $19.5 billion each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.73 billion.

Apg Asset Management Us has custody of $76.74 billion in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Apg Asset Management Us, Inc for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Apg Asset Management Us serves?

The only and largest group of clients of Apg Asset Management Us is pooled investment vehicles with 1 clients and $133.89 billion of assets under management. Among the 10 most similar advisory firms, Apg Asset Management Us has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $133.89 billion for 1 clients. 100% of the firm’s clients are foreign persons or businesses.

Apg Asset Management Us also advises several private funds. Namely, four hedge funds, six real estate funds, and eleven other private funds.

Careers at Apg Asset Management Us, Inc

The company employs 134 people that are either part- or full-time employees. 51 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Allen Kelly Parker joined the executive team most recently as the General Counsel.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Apg Algemene Pensioen Groep Nv	Direct owner	1 Sep 1989	75% - 100%	foreign entity
Paul Spijkers	Chief executive officer	1 Jun 1998	Other	6028315
Leo Palmen	General counsel	1 Sep 1999	Other	6028339
Peter Sporken	Chief financial officer and chief risk officer	1 Jul 2006	Other	6028329
Ludmila Chwazik	Chief compliance officer	1 Jun 2011	Other	6028343
Ferdinand Jozef Johannes Anton Amkreutz	Chief financial & risk officer	1 Sep 2012	Other	6179238
Apg Asset Management N.V.	Direct owner	1 Jan 2014	75% - 100%	foreign entity
Ferdinand Jozef Johannes Anton Amkreutz	Chief financial & risk officer	1 Jun 2014	Other	6179238
Joyce Marie Lapreta	Chief compliance officer/head of operational risk	1 Aug 2014	Other	1567415
Joyce Lapreta	Chief compliance officer/head of operational risk	1 Aug 2014	Other	1567415
Kim Killion	Interim chief compliance officer	1 Jul 2017	Other	6845172
Evan Andrew Gordon	Chief compliance officer	1 Sep 2017	Other	3087863
Matilde Segarra Van Es	Chief financial and risk officer	1 Dec 2017	Other	6906806
Allen Kelly Parker	General counsel	1 Jul 2019	Other	7161898

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Stichting Penioenfonds Abp	Indirect owner	1 Jun 1998	75% - 100%	foreign entity
Apg Groep Nv	Indirect owner	1 Jun 1998	75% - 100%	foreign entity
Apg Groep Nv	Indirect owner	1 Jan 2014	75% - 100%	foreign entity

Based in New York

The principal office where Apg Asset Management Us, Inc performs its advisory services is located at 666 Third Ave, New York, NY 10017, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 917-368-3500 or by fax 917-368-0410. The normal business hours are 9am-5pm on Monday - Friday.