SAM to run Robeco’s sustainable and cleantech business under new chief

Robeco alternatives head, Van Eijkern, takes SAM top job.

Robeco, the Dutch fund manager, is to transfer its sustainable investment and cleantech private equity activities over to its Swiss RI subsidiary Sustainable Asset Management (SAM) after appointing its head of alternative assets to run SAM. Sander van Eijkern will take over as the new chief executive officer at Zurich-based SAM from January 1, 2009. Van Eijkern has been managing director of Robeco Alternative Investments since it was founded in 2000. He will remain a member of Robeco’s management board with responsibilities for private equity, hedge funds and sustainability. Robeco’s cleantech private equity clients include the UK Environment Agency pension fund. Van Eijkern, who will move from Robeco’s Rotterdam headquarters to Zurich, succeeds SAM founder and chief executive, Reto Ringger, who announced in September 2008 that was leaving the company at the end of February 2009. Last month SAM lost its second senior executive in as many months following the decision by Christian Werner, chief investment officer, to leave the company. Werner said hewas departing SAM to pursue an as yet unnamed “new professional challenge”. Stephanie Feigt, previously head of portfolio management, was named as SAM’s new chief investment officer to replace Werner.
Feigt, who joined SAM in 2006, will also replace Werner on the fund manager’s executive committee. In December 2006, Robeco bought a 64% stake in SAM Group for a price tag believed to be in the region of SFr60-80m (€37-50m). That left 36% of the group held by SAM’s management and employees. SAM currently advises on assets of more than SFr14bn, for retail private and institutional investors and has enjoyed strong growth in recent years.
CalPERS in the US has appointed Anne Stausboll as the pension fund’s new Chief Executive Officer. Stausboll is currently Interim Chief Investment Officer and has frequently led the fund’s representation at the UNPRI. She becomes the first female CEO to lead the pension fund in its 77-year history and will begin her position on January 12, 2009.