# 3G Capital Management

3G Capital Management is a Pension Fund based in Frankfurt, Germany.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Frankfurt, Germany
- **Region:** Europe
- **Address:** Baseler Straße 46, 60329 Frankfurt, Germany
- **Founded:** 1959
- **Assets under management:** 1.2B (Altss estimate)
- **Website:** neversa.de
- **LinkedIn:** https://linkedin.com/company/neversa-eg

## About

The Nestlé Germany Pension Fund was established in 1959 and is administered from Frankfurt under the 3G Capital Management LLC umbrella. Neversa provides administrative services while the fund itself comprises Nestlé Pensionskasse, Nestlé Versorgungskasse, Nestlé Rückdeckungskasse and Nestlé Pensionsfonds. Assets include direct real-estate holdings through Nestlé Pensionskasse Grundstücksgesellschaft and a public equity book that spans UK real-estate services, US consumer retail, Kazakh fintech and Brazilian regional banking. Confirmed positions include Foxtons Group, LSL Property Services, Victoria's Secret & Co., Kaspi.kz and Banrisul. Geographic exposure reaches the United Kingdom, United States, Kazakhstan, Turkey, Brazil and China. The firm lists no additional offices and reports no headcount. Pavel Begun maintains memberships in CFA Society Toronto and the Western Kentucky University Finance Advisory Council. No operational events from the last 24 months appear in available records. Governance ties the investment mandate directly to Nestlé S.A. as sponsoring employer, with Christian Jacob serving as chairman of one of the pension entities. This creates a closed loop between the corporate sponsor and the asset owner without external LP capital.

## Sectors

- Diversified

## People

- Pavel Begun — Co-Founder and Managing Partner
- Cory Wagner — Co-Founder and Managing Partner
- Christian Jacob — Chairman of the Board of Nestlé Pensionskasse

## Questions

### Who runs investment decisions at 3G Capital Management?

Pavel Begun and Cory Wagner serve as co-founders and managing partners. Christian Jacob chairs the board of Nestlé Pensionskasse.

### What asset classes does the Nestlé Germany Pension Fund hold?

The portfolio contains fixed-income securities, fund units, mortgages and listed equities across multiple markets.

### How is 3G Capital Management related to Nestlé S.A.?

Nestlé S.A. acts as the sponsoring employer whose German pension obligations the fund meets through four separate providers.

### Does the firm participate in fund commitments or direct holdings?

Public records show both direct real-estate ownership and listed equity positions rather than external fund commitments.

## Related profiles

- [Lífsverk Pension Fund](https://altss.com/profile/l-fsverk-pension-fund)
- [Utrecht University](https://altss.com/profile/utrecht-university)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/3g-capital-management-llc

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