Dutch investment fund Reggeborgh announced on Thursday its acquisition of a 3.04% stake in Dutch bank ABN Amro, one of the key lenders in the Netherlands. The fund recently divested its 17.6% stake in Dutch wealth manager Van Lanschot Kempen to ING.
Reggeborgh now stands as the fifth largest investor in ABN Amro, following the Dutch state, U.S. asset manager MFS Investment Management, Norway's NBIM, and U.S. asset manager BlackRock Institutional Trust, as per LSEG data.
ABN Amro, which was nationalized during the 2008 financial crisis, has seen a gradual decrease in ownership by the Dutch state, with its current stake at 32.4%.