Ackermans & van Haaren (AvH) is an investment group with controlling stakes mainly in non-listed companies (94% of NAV). AvH’s investment philosophy is based on long-term majority holdings in strategic stakes with high-growth profiles. The company is actively involved in strategy definition and implementation, focusing on management selection and specification of companies’ long-term strategies. AvH does not intervene in day-to-day management. Average annual growth of equity stands at 14.4% over the past 10 years.