Pensionskasse der Genossenschaftsorganisation VVaG
Also known as PKGeno, PK-Geno, Pensionskasse der Genossenschaftsorganisation
Munich Pensionskasse of the cooperative banking sector (~€643m balance sheet, 2025); committed to the amberra VC fund in 2024 and took a stake in geothermal firm NULLCOZWEI in 2026.
- HEADQUARTERS
- Munich, Germany
- FOUNDED
- 1969
- AUM
- €643M (2025)
- OUTSIDE CAPITAL
- No — own capital only
- TEAM LISTED
- 3 people
Focus
- STAGES
- —
- SECTORS
- Climate & Energy
- ASSET MIX
- Venture capitalDirect investmentsReal estate
- GEOGRAPHY
- Germany
Overview
The Pensionskasse der Genossenschaftsorganisation VVaG (PKGeno) is a Munich mutual pension fund for the cooperative banking network, founded on 5 December 1969 by the Bayerischer Raiffeisenverband, the Verband Genossenschaftlicher Geschäftsleiter in Bayern and 28 Bavarian credit and dairy cooperatives. Its balance sheet was about €643m at end-2025, with a mixed Spezialfonds at Union Investment (book value €397.9m) and directly held real estate as the main assets. In August 2024 it subscribed, via its Union Investment Spezialfonds, to the amberra venture capital fund of the Genossenschaftliche FinanzGruppe, and in June 2026 it took a direct stake in Berlin geothermal developer NULLCOZWEI GmbH. It also holds wind and solar investments.
PORTFOLIO (2)
- amberra (venture capital fund of the Genossenschaftliche FinanzGruppe; via Union Investment Spezialfonds)since 2024
- NULLCOZWEI GmbH (geothermal developer, Berlin)Climate & Energy · since 2026
People
Links
Frequently asked questions
Pensionskasse der Genossenschaftsorganisation VVaG is a institutional investor based in Munich, Germany, founded in 1969.
Yes. Pensionskasse der Genossenschaftsorganisation VVaG invests its own capital in private companies. It also commits capital to third-party funds as an LP.
Pensionskasse der Genossenschaftsorganisation VVaG invests in Climate & Energy.
Key people at Pensionskasse der Genossenschaftsorganisation VVaG include Karsten Heinrich Weber (Chairman of the Executive Board), Ralf Filipp (Executive Board member) and Thomas Vogl (Chairman of the Supervisory Board).
Pensionskasse der Genossenschaftsorganisation VVaG's investments include amberra (venture capital fund of the Genossenschaftliche FinanzGruppe; via Union Investment Spezialfonds) and NULLCOZWEI GmbH (geothermal developer, Berlin).
The most recent publicly reported investment by Pensionskasse der Genossenschaftsorganisation VVaG is NULLCOZWEI (Equity stake), announced in Jun 2026.
No. Pensionskasse der Genossenschaftsorganisation VVaG invests its own capital and does not raise money from outside investors.