Hans-Martin Aerts has departed APG after 25 years with the €639bn Dutch pension asset manager, marking a significant leadership change in the firm's Asia-Pacific infrastructure division.

Aerts served as the longstanding head of APAC infrastructure, overseeing the pension fund's regional investment strategy across key markets. His exit follows the departure of APG's global infrastructure head just one month prior, signaling a broader transition within the investment team.

The Dutch pension giant, which manages assets for multiple pension funds, has not yet announced a successor for the APAC infrastructure role. Industry observers note the timing coincides with increased allocation activity among major institutional investors in the region.

APG's infrastructure portfolio spans transport, energy, and digital assets globally. The leadership changes come as the asset manager continues to deploy capital across core and value-add opportunities in Asia-Pacific markets.