die Bayerische
Also known as Versicherungsgruppe die Bayerische, BY die Bayerische Vorsorge Lebensversicherung a.G., BL die Bayerische Lebensversicherung AG, BBV
Munich mutual insurance group (>€4.3bn investments, 2025); its life insurer holds private debt (€218.7M), PE (€148.2M), infrastructure and renewable equity funds.
Munich insurance group headed by the mutual BY die Bayerische Vorsorge Lebensversicherung a.G.; not the Bayerische Versorgungskammer or Versicherungskammer Bayern (separate profiles).
- HEADQUARTERS
- München, Germany
- FOUNDED
- —
- AUM
- €4.3B (2025)
- OUTSIDE CAPITAL
- No — own capital only
- TEAM LISTED
- 4 people
Focus
- STAGES
- —
- SECTORS
- —
- ASSET MIX
- Private creditPrivate equityFunds (as LP)Real estate
- GEOGRAPHY
- —
Investment arms & vehicles
- Life insurer of the group; holds the private debt, private equity, infrastructure and renewable-energy fund participations
- Property and casualty insurer of the group
- BBV Holding AGGroup holding company listed in the group structure
Overview
die Bayerische is a Munich insurance group headed by the mutual BY die Bayerische Vorsorge Lebensversicherung a.G., with the life insurer BL die Bayerische Lebensversicherung AG and the P&C insurer BA die Bayerische Allgemeine Versicherung AG. Its asset management oversees an investment volume of more than €4.3bn. At the end of 2025 BL held participations with a book value of €451.2M, including €218.7M in private debt funds, €148.2M in private equity funds, €30.1M in infrastructure equity funds, €29.9M in real-estate equity funds and €24.3M in renewable-energy equity funds, with €111.5M of commitments not yet called.
People
- Dr. Herbert SchneidemannChairman of the Board of Management (Vorstandsvorsitzender) · source
- Martin GräferMember of the Board of Management (chairman of BA die Bayerische Allgemeine) · source
- Michael ScheriauMember of the Board of Management · source
- Judith LechermannHead of Asset Management (since 1 October 2025) · source
Links
Frequently asked questions
die Bayerische is a institutional investor based in München, Germany.
die Bayerische does not primarily put its own money into private companies. It also commits capital to third-party funds as an LP.
Key people at die Bayerische include Dr. Herbert Schneidemann (Chairman of the Board of Management (Vorstandsvorsitzender)), Martin Gräfer (Member of the Board of Management (chairman of BA die Bayerische Allgemeine)), Michael Scheriau (Member of the Board of Management) and Judith Lechermann (Head of Asset Management (since 1 October 2025)).
No. die Bayerische invests its own capital and does not raise money from outside investors.