Lars Dijkstra joined Kempen Capital Management in August 2005 as Chief Investment Officer. He joined the Philips Pension Fund in 1991 as a macro-economist. Later, he became Head of Investment Strategy responsible for strategic and tactical asset allocation. In 1998, he became Chief Investment Officer of the Philips Fund. Within KCM he is responsible for the overall investment philosophy/process and investment results of all the Kempen Funds. Furthermore, Mr. Dijkstra is responsible for the asset allocation and selection of multi-managers for private as well as institutional portfolios.