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Institutional LPPuts its own capital into companiesLAST VERIFIED Oct 2026 · 1 SOURCES

R+V Versicherung

Majority-owned insurance group of DZ BANK AG

Also known as R+V Versicherung AG, R+V Konzern, R+V Versicherungsgruppe, RuV

Wiesbaden insurer of the cooperative banking group (DZ BANK majority); €101.3bn investments (2025) incl. own PE primaries, secondaries, co-investment and infra-debt vehicles.

HEADQUARTERS
Wiesbaden, Germany
FOUNDED
—
OUTSIDE CAPITAL
No — own capital only
TEAM LISTED
9 people

Focus

STAGES
GrowthBuyout
SECTORS
—
ASSET MIX
Private equityPrivate creditFunds (as LP)Real estatePublic equities
GEOGRAPHY
Global

Investment arms & vehicles

  • RV AIP S.C.S. SICAV-SIF
    Luxembourg (Munsbach) umbrella of the group's alternative-investment sub-funds (private equity, secondaries, co-investments, infrastructure debt, acquisition financing)
  • R+V Lebensversicherung AG / R+V Allgemeine Versicherung AG / R+V Krankenversicherung AG
    Group insurers (folded into this record)
  • KRAVAG and Condor insurers
    Group insurers (folded into this record)

Overview

R+V Versicherung AG in Wiesbaden is the parent of the R+V insurance group and is majority-owned by DZ BANK AG, with further shares held by other cooperative associations and institutions; its board is responsible for all insurance business in the DZ BANK group. At end-2025 the group's investments were €101.3bn (assets under management €128.1bn including unit-linked assets). Its 2025 list of shareholdings shows wholly or almost wholly owned Luxembourg sub-funds of RV AIP S.C.S. SICAV-SIF for acquisition financing, infrastructure debt, private equity primaries, secondaries, co-investments, private equity and large-cap financial acquisitions. It also holds an associate stake in Copenhagen Energy Islands ApS.

PORTFOLIO (9)

  • RV AIP S.C.S. SICAV-SIF RV TF Acquisition Financing (98.7%)
  • RV AIP S.C.S. SICAV-SIF RV TF 2 Infra Debt (97.6%)
  • RV AIP S.C.S. SICAV-SIF RV TF 3 Primaries (99.3%)
  • RV AIP S.C.S. SICAV-SIF RV TF 4 Secondaries (99.3%)
  • RV AIP S.C.S. SICAV-SIF RV TF 5 Co-Investments (99.3%)
  • RV AIP S.C.S. SICAV-SIF RV TF 6 Infra Debt II (98.4%)
  • RV AIP S.C.S. SICAV-SIF RV TF 7 Private Equity (99.0%)
  • RV AIP S.C.S. SICAV-SIF RV TF 8 Financial Acquisition Large Cap (99.0%)
  • Copenhagen Energy Islands ApS (5.0%, associate)
    Climate & Energy

People

  • Dr. Norbert Rollinger
    Chairman of the Executive Board · source
  • Marc René Michallet
    Executive Board member, investment management and international · source
  • Dragica Mischler
    Executive Board member, finance and risk management · source
  • Claudia Andersch
    Executive Board member, personal insurance · source
  • Volker Buchem
    Executive Board member, HR and group services · source
  • Dr. Klaus Endres
    Executive Board member, operations and IT · source
  • Jens Hasselbächer
    Executive Board member, customers and sales · source
  • Dr. Holger Nieswandt
    Executive Board member, inward reinsurance · source
  • Dr. Nils Reich
    Executive Board member, P&C · source

Links

Frequently asked questions

R+V Versicherung is a institutional investor based in Wiesbaden, Germany.

Yes. R+V Versicherung invests its own capital in private companies. It also commits capital to third-party funds as an LP.

R+V Versicherung invests at Growth and Buyout stages.

Key people at R+V Versicherung include Dr. Norbert Rollinger (Chairman of the Executive Board), Marc René Michallet (Executive Board member, investment management and international), Dragica Mischler (Executive Board member, finance and risk management) and Claudia Andersch (Executive Board member, personal insurance).

R+V Versicherung's investments include RV AIP S.C.S. SICAV-SIF RV TF Acquisition Financing (98.7%), RV AIP S.C.S. SICAV-SIF RV TF 2 Infra Debt (97.6%), RV AIP S.C.S. SICAV-SIF RV TF 3 Primaries (99.3%), RV AIP S.C.S. SICAV-SIF RV TF 4 Secondaries (99.3%), RV AIP S.C.S. SICAV-SIF RV TF 5 Co-Investments (99.3%), RV AIP S.C.S. SICAV-SIF RV TF 6 Infra Debt II (98.4%), RV AIP S.C.S. SICAV-SIF RV TF 7 Private Equity (99.0%) and RV AIP S.C.S. SICAV-SIF RV TF 8 Financial Acquisition Large Cap (99.0%), among others.

No. R+V Versicherung invests its own capital and does not raise money from outside investors.