THE HAGUE – June 10, 2025 – Goldman Sachs Asset Management today announced its appointment by NV Schade to provide investment management services for NV Schade’s full portfolio of insurance assets. NV Schade has a total of €1.3 billion in assets as of May 31, 2025.

The partnership affirms Goldman Sachs Asset Management’s commitment to its leading position in the Dutch fiduciary management market. The mandate will be managed by the dedicated insurance fiduciary management team, including several experts on the ground in The Hague, within Multi-Asset Solutions. Goldman Sachs Asset Management oversees over €71 billion in fiduciary managed assets for Dutch institutional clients as of May 31, 2025.

NV Schade will gain access to Goldman Sachs Asset Management’s global investment and risk management capabilities¹, following a competitive search process which reflects the firm’s deep experience in partnering with institutions of all sizes across global markets. Goldman Sachs Asset Management has proven strength in managing insurers’ assets, offers one of the world’s leading open architecture platforms, and has extensive investment capabilities and experience across public and private markets.

NV Schade will be able to draw on the expertise of Goldman Sachs Asset Management’s dedicated insurance team, which manages $460 billion in general account assets as of December 31, 2024, as well as the fiduciary management capabilities of our Multi-Asset Solutions team, consisting of more than 300 professionals responsible for $390 billion of assets under supervision² globally as of December 31, 2024.

Gerald Cartigny, co-CEO of Goldman Sachs Asset Management Benelux, said:

“We are grateful to NV Schade for entrusting us with this mandate and we look forward to working with the team to leverage the full capabilities of Goldman Sachs. This partnership underscores our deep commitment to the Dutch fiduciary management market and reflects our position as a leading provider of solutions for insurers, pension funds and institutional clients across Europe.”

Eduard Ooms and Heleen de Heer, General Managers at NV Schade, said:

“We are delighted that this agreement allows us to take advantage of the full capabilities of Goldman Sachs. The team was able to adapt their offering to our specific situation and we are confident Goldman Sachs Asset Management will ensure strong continuity and best-in-class asset management, allowing NV Schade to focus more squarely on our core business while adding more oversight and expertise that will benefit our clients.”

Media contacts

Noa Asselbergs, Goldman Sachs, +31 6 43801459

About Goldman Sachs Asset Management

Goldman Sachs Asset Management is the primary investing area within Goldman Sachs (NYSE: GS), delivering investment and advisory services across public and private markets for the world’s leading institutions, financial advisors and individuals. The business is driven by a focus on partnership and shared success with its clients, seeking to deliver long-term investment performance drawing on its global network and deep expertise across industries and markets. Goldman Sachs Asset Management is a leading investor across fixed income, liquidity, equity, alternatives, and multi-asset solutions. Goldman Sachs oversees approximately $3.2 trillion in assets under supervision as of March 31, 2025. Follow us on LinkedIn.

 

 

¹ Goldman Sachs Asset Management leverages the resources of Goldman Sachs & Co. LLC subject to legal, internal and regulatory restrictions.

² Assets Under Supervision (AUS) includes assets under management and other client assets for which Goldman Sachs does not have full discretion.