Munich Re
Also known as Münchener Rückversicherungs-Gesellschaft, Munich Reinsurance Company, Munich Re Group
Munich reinsurance group with €222.7bn investments (2025); via MEAG it has put >€3.5bn of equity into 36 infrastructure deals since 2010 and holds PE funds.
German reinsurance group in Munich. Its US-based venture unit Munich Re Ventures is a separate, foreign-run arm and not covered by this record.
- HEADQUARTERS
- Munich, Germany
- FOUNDED
- —
- OUTSIDE CAPITAL
- No — own capital only
- TEAM LISTED
- 5 people
Focus
- STAGES
- GrowthBuyout
- ASSET MIX
- Direct investmentsPrivate equityPrivate creditReal estatePublic equities
- GEOGRAPHY
- EuropeNorth America
Investment arms & vehicles
- Group asset manager for Munich Re and ERGO; also manages third-party mandates (infrastructure equity/debt, private equity, real estate, renewables)
- BaFin-supervised investment management company (KVG) of the group
- Primary insurance segment of Munich Re (Düsseldorf)
Overview
Munich Re (Münchener Rückversicherungs-Gesellschaft AG) is a Munich-based reinsurance and primary insurance group whose investments totalled €222.7bn at end-2025, including €19.6bn of alternative investments. Group assets are managed by MEAG, which has invested more than €3.5bn of equity for Munich Re in 36 infrastructure transactions since 2010 and has invested over €9.5bn in more than 100 infrastructure debt projects since 2015 (for Munich Re, and since 2018 also for non-Group clients). The group also holds private equity funds and infrastructure funds. On 3 February 2026 Munich Re, via MR Infrastructure Investment GmbH and ERGO Private Capital Gesundheit GmbH, acquired 17.1% of Fred. Olsen Windcarrier, part of a €150m investment arranged by MEAG targeting about 24% after a second closing in 2027.
Investment thesis
Infrastructure equity (via MEAG): core/core+ brownfield and greenfield, minority and majority stakes, focused on energy transition, sustainable transport, digital and essential infrastructure in Europe and North America; long-term buy-and-hold.
PORTFOLIO (1)
- Fred. Olsen Windcarrier ASA (17.1% acquired 3 Feb 2026; ≈24% expected after second closing in Q3 2027; €150m total)Climate & Energy · since 2026
People
- Dr. Christoph JureckaChair of the Board of Management (since 1 January 2026) · source
- Nicholas GartsideChief Investment Officer, Board of Management · source
- Andrew BuchananChief Financial Officer (since 1 January 2026) · source
- Dr. Markus RießBoard of Management, primary insurance/ERGO · source
- Dr. Markus HummelChairman of the Management Board, MEAG MUNICH ERGO AssetManagement GmbH · source
Links
Frequently asked questions
Munich Re is a institutional investor based in Munich, Germany.
Yes. Munich Re invests its own capital in private companies. It also commits capital to third-party funds as an LP.
Munich Re invests at Growth and Buyout stages in Climate & Energy, Industrial & Manufacturing and Mobility & Logistics.
Key people at Munich Re include Dr. Christoph Jurecka (Chair of the Board of Management (since 1 January 2026)), Nicholas Gartside (Chief Investment Officer, Board of Management), Andrew Buchanan (Chief Financial Officer (since 1 January 2026)) and Dr. Markus Rieß (Board of Management, primary insurance/ERGO).
Munich Re's investments include Fred. Olsen Windcarrier ASA (17.1% acquired 3 Feb 2026; ≈24% expected after second closing in Q3 2027; €150m total).
The most recent publicly reported investment by Munich Re is Fred. Olsen Windcarrier (Minority stake (first closing)), announced in Feb 2026.
No. Munich Re invests its own capital and does not raise money from outside investors.