An organisation cannot do without committed and expert people. A solid structure is also essential to have everything run smoothly. That is why, from the point of view of good and sound administration, Investeringsfonds Groningen has set up its governance as follows:
Fund manager Jan Martin Timmer (business administration) has been responsible for marketing IFG since mid-2015. After a career at ABN AMRO he co-established Flinc for the NV NOM from 2008 onward. As one of the investment managers he was actively involved in acquiring participating interests for NOM Finance from 2011 to 2015. Jan Martin was born and raised in the province of Groningen. After gaining international experience and a period spent in the western part of the Netherlands, he has returned home to the Northern Netherlands.
Secretary Lilian Hoiting works at the Investeringsfonds Groningen secretariat. In this role, she supports fund manager Jan Martin Timmer and management. Lilian is the office point of contact for IFG. She was born and raised in the province of Groningen. She trained as a secretary and, since completing her education, has held that position in various companies. As a result, Lilian has gained ample knowledge and experience, which has enabled her to develop into the multi-skilled professional she aspires to be.
The board consists of the NV NOM, represented by Mr G. Buiter and Mr R. Drees.
Geert has over 17 years of experience in and with venture investments in small and medium-sized businesses. He is currently member of the board of NV NOM in Groningen and conducts the affairs of five investment funds in the Northern Netherlands, including Investeringsfonds Groningen. Geert also holds a number of supervisory positions in the business community and healthcare sector. He was born and raised in Groningen and puts his heart and soul into creating an even better and more successful northern economy.
Rob graduated as an accountant and controller. With more than 11 years’ experience in venture financing, he has been working at NV NOM in Groningen since 2012. His key focus areas are financial due diligence, management assessments, internal organisation and valuations. Rob is Fund Manager for NOM’s Fonds Support Noord. He conducts the affairs of four investment funds in the Northern Netherlands, including Investeringsfonds Groningen. He is also member of the Supervisory Board of a consultancy organisation active in environmental affairs, quality assurance and safety.
The Supervisory Board monitors the board and the implementation of Investeringsfonds Groningen. The Supervisory Board consists of three supervisory directors who represent the desired competencies.
Mr Engels has been acting Mayor of the municipality of Loppersum since 1 October 2018. He is also a member and vice-chairman of a parliamentary party in the Dutch Senate and chairman of the Parliamentary Committee for the Interior and Kingdom Relations, House of the King, General Affairs and High Councils of State. Until 1 January 2019, he was also professor by special appointment of Law of Local and Regional Governments (Oppenheimer Chair) at the University of Groningen.
His other ancillary functions include:
Mr J.H.M. Pluymen, M.A. has over 25 years’ experience in various Human Resource and general management positions (Royal Shell, British Petroleum, Merck). Most recently he was chairman of the management board of Organon Biosciences and MSD/Organon. He currently works as an independent supervisory official (including supervisory directorships and non-executive positions at MSD, investment firms, start-ups and more). He is co-owner of Eutychia B.V., a committed boutique investment firm.
Mr H.J. Gietema, M.A. has over 20 years of international experience in consultancy, development and financing of infrastructure. He currently advises the Netherlands Water Partnership and the Water Finance Facility (mobilisation of local capital market funding), He was involved in the creation of Kenyan funds KIFFWA (developer of water projects) and Kenya Pooled Water Fund, where he sits on the investment committee. He previously advised ministries on different innovative funds (such as ORIO, TCX, DGGF) and served as supervisory director of the Emerging Africa Infrastructure Fund on behalf of FMO.
The investment committee’s main task is to advise fund management and the board about intended participating interests in the target funds. This committee also advises on intended direct participating interests from the Acquisitiefonds Groningen.
Mr T. Jensma has a financial-economic background and boasts ample experience as director/supervisory director in SME. He currently holds a number of directorships of medium-sized innovative businesses.
Ms R.H.E. Pruim, LL.M. is director and lawyer at Yspeert Advocaten. Her professional views of organisations, combined with her legal knowledge, make her a sparring partner for directors of corporations and institutes. She specialises in company law and procurement law. She is also supervisory official at Zorggroep Groningen.
Mr R.B. Reekers, M.A. focuses on advising companies and on the people who form the company. He works for his own company Connector Finance u.a. and specialises in financing issues and ‘special management’ situations. Until 2011 he worked for approx. 15 years at Rabobank Group (Corporate Clients Food&Agri, Bijzonder Beheer and Director for Business and Private Banking in Groningen). He also serves as supervisory official, is a licensed coach, mediates conflicts and is guest lecturer of financing at Hanzehogeschool Groningen.