PGGM, the €182.6 billion Dutch pension fund manager, has recruited a former executive at the Benelux-focused private equity firm Bencis and an ex-JP Morgan staffer to its growing in-house private equity team.

Harrie van Rijbroek has 14 years of experience in private equity and joined the predecessor of Bencis in 1999, according to the firm's website. He started his career at KLM Royal Dutch Airlines, where he held a number of roles, including corporate finance manager.