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Institutional LPNo direct investingLAST VERIFIED Oct 2026 · 3 SOURCES

Concordia Versicherungen

Also known as Concordia Versicherungs-Gesellschaft a.G., Concordia Versicherungsgruppe, Concordia oeco Lebensversicherungs-AG, Concordia Krankenversicherungs-AG

Hannover mutual insurance group (founded 1864); €4.7bn investments (2025); private equity bundled in a group-owned fund-of-funds vehicle with an external adviser.

German mutual insurance group based in Hannover; not to be confused with other insurers or funds named Concordia.

HEADQUARTERS
Hannover, Germany
FOUNDED
1864
AUM
€4.7B (2025)
OUTSIDE CAPITAL
No — own capital only
TEAM LISTED
5 people

FOCUS

STAGES
—
SECTORS
—
ASSET MIX
Private equityFunds (as LP)Real estate
GEOGRAPHY
Global

WHAT IT IS

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

ABOUT

Concordia Versicherungs-Gesellschaft a.G., founded in 1864, is a mutual insurer based in Hannover and parent of the Concordia group, which includes Concordia oeco Lebensversicherungs-AG and Concordia Krankenversicherungs-AG. The group's investments (excluding deposits) were €4.71bn at the end of 2025, dominated by fixed income. Its private equity investments are mainly bundled in a company-owned vehicle and build a globally diversified portfolio with the support of an external adviser. In 2025 the parent topped up its private equity and real-estate funds of funds, while the life company sold part of its private equity fund-of-funds holding.

PORTFOLIO (2)

  • Group-owned private equity fund-of-funds vehicle (externally advised, global)
  • MIC Beteiligungsgesellschaft GmbH, Itzehoe (42.74%)

TEAM

  • Dr. Stefan Hanekopf
    Chairman of the Management Board · source
  • Johannes Grale
    Member of the Management Board · source
  • Dirk Gronert
    Member of the Management Board · source
  • Julia Palte
    Member of the Management Board · source
  • Jörn Dwehus
    Chairman of the Supervisory Board · source

LINKS

FAQ

Concordia Versicherungen is a institutional investor based in Hannover, Germany, founded in 1864.

Concordia Versicherungen does not primarily invest directly in private companies. It also commits capital to third-party funds as an LP.

Key people at Concordia Versicherungen include Dr. Stefan Hanekopf (Chairman of the Management Board), Johannes Grale (Member of the Management Board), Dirk Gronert (Member of the Management Board) and Julia Palte (Member of the Management Board).

Concordia Versicherungen's investments include Group-owned private equity fund-of-funds vehicle (externally advised, global) and MIC Beteiligungsgesellschaft GmbH, Itzehoe (42.74%).

No. Concordia Versicherungen invests its own capital and does not raise money from outside investors.