Versorgungswerk der Ärztekammer Hamburg
Also known as Versorgungswerk der Ärztekammer Hamburg Körperschaft des öffentlichen Rechts
Pension scheme of Hamburg's doctors' chamber; about €9bn invested (2025); alternatives 29.7% at end 2025, incl. private equity 17.9%, infrastructure 7.4%, private debt 4.4%.
Doctors' scheme; not the Versorgungswerk der Zahnärztekammer Hamburg (dentists) or the Hamburg lawyers' Versorgungswerk.
- HEADQUARTERS
- Hamburg, Germany
- FOUNDED
- —
- OUTSIDE CAPITAL
- No — own capital only
- TEAM LISTED
- 4 people
Focus
- STAGES
- —
- SECTORS
- —
- ASSET MIX
- Private equityPrivate creditReal estatePublic equities
- GEOGRAPHY
- Germany
Overview
The Versorgungswerk der Ärztekammer Hamburg is a public-law corporation that has provided old-age, disability and survivors' pensions to Hamburg doctors for more than 50 years. Press reports put its investment volume at about €9bn in equities, bonds, real estate, private equity, private debt and infrastructure (May 2025). Its published allocation at 31 December 2025 was real estate 30.5%, alternative investments 29.7% (private equity 17.9%, infrastructure 7.4%, private debt 4.4% of the total), direct holdings 18.9%, equity funds 10%, bond funds 8.4% and cash 2.5%. Its investment team manages liquidity for capital calls from the funds it has invested in and represents the scheme on funds' investment committees.
People
- Dr. med. Torsten HemkerChairman of the Administrative Committee (Verwaltungsausschuss), legal representative · source
- Dr. med. Angelika KoßmannDeputy Chair of the Administrative Committee · source
- Dr. med. Michael ReuschChairman of the Supervisory Committee (Aufsichtsausschuss) · source
- Alexander AdsayDeputy Head of Investments (stellvertretender Leiter Kapitalanlagen), since May 2025 · source
Links
Frequently asked questions
Versorgungswerk der Ärztekammer Hamburg is a institutional investor based in Hamburg, Germany.
Versorgungswerk der Ärztekammer Hamburg does not primarily put its own money into private companies. It also commits capital to third-party funds as an LP.
Key people at Versorgungswerk der Ärztekammer Hamburg include Dr. med. Torsten Hemker (Chairman of the Administrative Committee (Verwaltungsausschuss), legal representative), Dr. med. Angelika Koßmann (Deputy Chair of the Administrative Committee), Dr. med. Michael Reusch (Chairman of the Supervisory Committee (Aufsichtsausschuss)) and Alexander Adsay (Deputy Head of Investments (stellvertretender Leiter Kapitalanlagen), since May 2025).
No. Versorgungswerk der Ärztekammer Hamburg invests its own capital and does not raise money from outside investors.