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Institutional LPNo direct investingLAST VERIFIED Oct 2026 · 4 SOURCES

BVV Versicherungsverein des Bankgewerbes a.G.

Also known as BVV, BVV-Verbund, BVV Versorgungskasse des Bankgewerbes e.V., BVV Pensionsfonds des Bankgewerbes AG

Berlin pension fund of the German banking sector; €32.8bn investments at market value (end-2025), ~25.8% in illiquid equity (real estate, infrastructure, PE).

HEADQUARTERS
Berlin, Germany
FOUNDED
—
AUM
€32.8B (2025)
OUTSIDE CAPITAL
No — own capital only
TEAM LISTED
4 people

FOCUS

STAGES
—
SECTORS
—
ASSET MIX
Private equityReal estatePrivate creditPublic equities
GEOGRAPHY
Global

WHAT IT IS

Institutional LP. Pension funds, endowments, foundations and sovereign funds that commit capital to funds and, sometimes, directly.

  • BVV Versorgungskasse des Bankgewerbes e.V.
    Pension provider of the BVV-Verbund (not consolidated in the BVV Konzern)
  • BVV Pensionsfonds des Bankgewerbes AG
    Pensionsfonds of the BVV group, operating since 2008
  • BVV Pension Management GmbH
    Service company of the BVV group

ABOUT

BVV Versicherungsverein des Bankgewerbes a.G. is the Berlin-based mutual pension insurer of German banks, financial service providers and their staff, and parent of the BVV Konzern, which includes BVV Pensionsfonds (since 2008), BVV Pension Management and betavo; BVV Versorgungskasse belongs to the wider BVV-Verbund. At 31 December 2025 the group's investments had a market value of €32.8bn. About 25.8% was in illiquid equity investments in real estate, infrastructure and private equity and about 14.5% in illiquid debt investments, run through broadly diversified investment programmes that the group says it will continue while planning to reduce its illiquid allocation.

TEAM

  • Marco Herrmann
    Chairman of the Management Board (since 1 July 2025) · source
  • Dr. Helmut Aden
    Member of the Management Board · source
  • Michael Waage
    Member of the Management Board · source
  • Heinz Laber
    Chairman of the Supervisory Board · source

LINKS

FAQ

BVV Versicherungsverein des Bankgewerbes a.G. is a institutional investor based in Berlin, Germany.

BVV Versicherungsverein des Bankgewerbes a.G. does not primarily invest directly in private companies. It also commits capital to third-party funds as an LP.

Key people at BVV Versicherungsverein des Bankgewerbes a.G. include Marco Herrmann (Chairman of the Management Board (since 1 July 2025)), Dr. Helmut Aden (Member of the Management Board), Michael Waage (Member of the Management Board) and Heinz Laber (Chairman of the Supervisory Board).

No. BVV Versicherungsverein des Bankgewerbes a.G. invests its own capital and does not raise money from outside investors.