"Largest Dutch pension fund cuts ties with controversial tech firm Palantir" 2 April 2026

ABP, the Netherlands’ largest pension fund, has withdrawn from the controversial AI company Palantir, the Financieele Dagblad reported. Palantir is known to provide services to the American immigration service, ICE, and the Israeli army.

Six months ago, ABP still held €825 million in investments in Palantir. The pension fund for civil servants in the Netherlands has sold those shares, according to FD.

Palantir is globally renowned for its advanced AI data analysis software, which can combine colossal amounts of seemingly unrelated data such as online communications, DNA, fingerprints, financial transactions, travel records, contacts, and surveillance footage. The software is used by hundreds of intelligence and investigative services worldwide to track down all kinds of suspects. Amnesty International has warned multiple times that the use of Palintir’s software violates human rights...

...A spokesperson for ABP told FD that it cannot comment on individual companies, but the fund aims to invest in a “socially responsible” manner. “ABP weighs risks, costs, and how sustainable and responsible an investment is when making decisions.”..