Versorgungswerk der Landesärztekammer Hessen
Pension institution of Landesärztekammer Hessen
Also known as VWLÄKH, Versorgungswerk LAEKH, VW-LAEKH
Frankfurt pension scheme for Hesse's doctors; €11.5bn balance sheet (2024). Alternatives (private equity, infrastructure) are its second-largest asset class, held via funds.
Doctors' pension scheme of the Landesärztekammer Hessen in Frankfurt am Main. Not the Hessische Zahnärzteversorgung or the Versorgungswerk der Rechtsanwälte im Lande Hessen (existing record versorgungswerk-rechtsanwaelte-hessen).
- HEADQUARTERS
- Frankfurt am Main, Germany
- FOUNDED
- 1968
- OUTSIDE CAPITAL
- No — own capital only
- TEAM LISTED
- 5 people
Focus
- STAGES
- —
- SECTORS
- —
- ASSET MIX
- Private equityReal estatePublic equities
- GEOGRAPHY
- —
Overview
The Versorgungswerk der Landesärztekammer Hessen, based in Frankfurt am Main, has provided old-age, disability and survivors' pensions for doctors in Hesse since 1 January 1968, without state subsidies. Its balance sheet reached €11.52bn at the end of 2024, with about 30,200 contributing members and 14,199 pensions in payment. Self-held bonds make up over 40% of investments. Alternative investments such as private equity and infrastructure come next and are held through two Luxembourg companies that invest in funds. It also runs a German master fund of equity and bond mandates and holds residential real estate directly in Hamburg, Berlin, Cologne, Rhine-Main and Munich.
People
- Dr. Titus Frhr. Schenck zu SchweinsbergChair of the Vorstand (legal representative) · source
- Dr. Susan TrittmacherDeputy Chair of the Vorstand · source
- Claudia BlauthManaging Director, Investments (Geschäftsbereich Kapitalanlagen) · source
- RAin Astrid StrobachManaging Director, Insurance Operations (Geschäftsbereich Versicherungsbetrieb) · source
- Oliver Heinz-van BeekManaging Director, Operations/Operational Excellence · source
Links
Frequently asked questions
Versorgungswerk der Landesärztekammer Hessen is a institutional investor based in Frankfurt am Main, Germany, founded in 1968.
Yes. Versorgungswerk der Landesärztekammer Hessen invests its own capital in private companies. It also commits capital to third-party funds as an LP.
Key people at Versorgungswerk der Landesärztekammer Hessen include Dr. Titus Frhr. Schenck zu Schweinsberg (Chair of the Vorstand (legal representative)), Dr. Susan Trittmacher (Deputy Chair of the Vorstand), Claudia Blauth (Managing Director, Investments (Geschäftsbereich Kapitalanlagen)) and RAin Astrid Strobach (Managing Director, Insurance Operations (Geschäftsbereich Versicherungsbetrieb)).
No. Versorgungswerk der Landesärztekammer Hessen invests its own capital and does not raise money from outside investors.