PGGM, the €187 billion Dutch pension fund manager, has come out in support of proposals by Dutch politician Henk Nijboer to curb excesses in the private equity sector.

In a blog post on PGGM's website, Ruulke Bagijn, its chief investment officer of private markets said her firm supports initiatives of the Dutch PvdA member of parliament Nijboer "meant to avoid the possibilities that private equity de-rails in the Netherlands".