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Alte Oldenburger
Alte Oldenburger was established in 1927 as a mutual insurer offering private health and long-term care products. It remains headquartered in Vechta and...
Alte Oldenburger
Alte Oldenburger was established in 1927 as a mutual insurer offering private health and long-term care products. It remains headquartered in Vechta and operates through Alte Oldenburger Krankenversicherung AG. The firm allocates capital across real estate, public equities, and venture commitments. Real estate holdings include direct properties in Germany valued at approximately €106.6 million and a minority stake in Jakobstr. 20 GbR. Public equity positions represent about 2 percent of investments. It participates as a limited partner in Heal Capital, a European venture firm. Geographic focus stays within Germany and select European markets. Manfred Schnieders retired as CEO in 2024 after overseeing integration with VGH. The firm maintains memberships in Verband der Privaten Krankenversicherung and Principles for Responsible Investment. KPMG serves as auditor. Ownership flows through Alte Oldenburger Beteiligungsgesellschaft AG, where VGH holds 60 percent and Alte Oldenburger entities control the balance. This structure separates insurance operations from investment activities while linking governance to the partner insurer.
General information
Firm type
Insurance
Year founded
1927
AUM
2.7B (Altss estimate)
Location
Region
Europe
Country
Germany
City
Vechta
Corporate office
Alte-Oldenburger-Platz 1, 49377 Vechta, Germany
Principals
Manfred Schnieders
Former CEO
Ulrich Knemeyer
Chairman of the Supervisory Board
Sector focus
Frequently asked questions
Who runs investment decisions at Alte Oldenburger?
Investment oversight sits with the executive board under the supervisory board chaired by Ulrich Knemeyer. Asset management support comes from VGH Versicherungen under a long-standing agreement.
Does Alte Oldenburger participate in fund commitments or only direct deals?
The firm holds both direct real estate assets and limited partnership interests such as Heal Capital. Public equity exposure occurs through a managed portfolio.
Where does the underlying capital originate?
Capital derives from insurance premiums collected through private health and long-term care policies sold in Germany.
What is Alte Oldenburger's known posture on co-investments alongside external GPs?
No co-investment activity alongside external managers is disclosed in available records.
How is Alte Oldenburger related to VGH Versicherungen?
VGH Versicherungen holds a 60 percent stake in Alte Oldenburger Beteiligungsgesellschaft AG, the holding company above the insurance operating entities.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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