Versorgungswerk der Apothekerkammer Westfalen-Lippe (VAWL)
Pension scheme (Einrichtung) of Apothekerkammer Westfalen-Lippe
Also known as VAWL, Versorgungswerk der Apothekerkammer Westfalen-Lippe
Pharmacists' pension scheme for Westfalen-Lippe and Bremen; €2.92bn of investments (2025), €403M in private equity, infrastructure and renewables; BVK member since Oct 2025.
Pharmacists' pension scheme in Münster for Westfalen-Lippe and Bremen. Not the Ärzteversorgung Westfalen-Lippe, the Versorgungswerk der Zahnärztekammer Westfalen-Lippe or the Versorgungswerk der Apothekerkammer Nordrhein.
- HEADQUARTERS
- Münster, Germany
- FOUNDED
- 1978
- AUM
- €2.9B (2025)
- OUTSIDE CAPITAL
- No — own capital only
- TEAM LISTED
- 7 people
Focus
- STAGES
- —
- SECTORS
- —
- ASSET MIX
- Private equityReal estatePublic equities
- GEOGRAPHY
- —
Overview
The Versorgungswerk der Apothekerkammer Westfalen-Lippe (VAWL) was founded in 1978 as the pension scheme of the Apothekerkammer Westfalen-Lippe and has also covered members of the Apothekerkammer Bremen since 1990. Based in Münster and supervised by the NRW Ministry of Finance, it held investments of €2,924.6M at end 2025. Its alternatives sub-portfolio of private equity, renewable energy and infrastructure participations stood at €403.0M (13.8%) and earned the highest net return of its sub-portfolios (6.1%) in 2025. It joined the Bundesverband Beteiligungskapital (BVK) in October 2025.
People
- Dr. Mathias FlumeChair of the Vorstand (legal representative) · source
- Lars RohdeChair of the Aufsichtsrat · source
- Andreas HilderManaging Director, Investments (Geschäftsführer Kapitalanlagen) · source
- Christoph KorteManaging Director, Insurance Operations and Real Estate · source
- Dr. Isabel JustusDeputy Chair of the Vorstand · source
- Anita BielefeldDeputy Chair of the Aufsichtsrat · source
- Christian SchmidtMember of the Vorstand; ABV board member · source
Links
Frequently asked questions
Versorgungswerk der Apothekerkammer Westfalen-Lippe (VAWL) is a institutional investor based in Münster, Germany, founded in 1978.
Yes. Versorgungswerk der Apothekerkammer Westfalen-Lippe (VAWL) invests its own capital in private companies. It also commits capital to third-party funds as an LP.
Key people at Versorgungswerk der Apothekerkammer Westfalen-Lippe (VAWL) include Dr. Mathias Flume (Chair of the Vorstand (legal representative)), Lars Rohde (Chair of the Aufsichtsrat), Andreas Hilder (Managing Director, Investments (Geschäftsführer Kapitalanlagen)) and Christoph Korte (Managing Director, Insurance Operations and Real Estate).
No. Versorgungswerk der Apothekerkammer Westfalen-Lippe (VAWL) invests its own capital and does not raise money from outside investors.