# Alte Oldenburger

Alte Oldenburger is an Insurance based in Vechta, Germany.

## Overview

- **Organization type:** Insurance
- **Headquarters:** Vechta, Germany
- **Region:** Europe
- **Address:** Alte-Oldenburger-Platz 1, 49377 Vechta, Germany
- **Founded:** 1927
- **Assets under management:** 2.7B (Altss estimate)
- **Website:** www.alte-oldenburger.de
- **LinkedIn:** https://www.linkedin.com/company/alte-oldenburger-krankenversicherung-ag

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Insurance
- Healthcare

## People

- Manfred Schnieders — Former CEO
- Ulrich Knemeyer — Chairman of the Supervisory Board

## 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.

## Related profiles

- [Johnson Financial Group](https://altss.com/profile/johnson-financial-group-llc)
- [UWP Sammelstiftung](https://altss.com/profile/uwp-sammelstiftung)

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

Canonical page: https://altss.com/profile/alte-oldenburger

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