Pension Fund

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Apothekerversorgung Niedersachsen

Apothekerversorgung Niedersachsen was founded in 1993 to deliver old-age, disability and survivor pensions to pharmacists licensed in Niedersachsen, Hamburg...

Apothekerversorgung Niedersachsen

Apothekerversorgung Niedersachsen was founded in 1993 to deliver old-age, disability and survivor pensions to pharmacists licensed in Niedersachsen, Hamburg and Sachsen-Anhalt. Dr. Martin Thomsen leads day-to-day management while Andrea Lehnert chairs the supervisory committee. The fund deploys capital across real estate, infrastructure, private equity and private debt. Direct holdings include the Lister Gracht residential development in Hannover and a Berlin residential portfolio. It participates as limited partner in renewable energy infrastructure funds and private equity and private debt strategies through Spezial-AIF structures, with exposure spanning Germany and broader Europe. Assets under management stand at approximately €2.7 billion. The fund maintains membership in ABV and participates in GRESB benchmarking for its real estate assets. In August 2024 it presented 2023 financial statements and investment performance at the annual Delegiertenversammlung in Hannover. VGV serves as its primary investment advisor and asset manager. Governance rests with a supervisory committee drawn from the Apothekerkammer Niedersachsen and professional pension associations. This structure separates benefit administration from investment execution through the shared VGV platform used by multiple German occupational schemes.

Website
apvn.de

General information

Firm type

Occupational Pension Scheme

Year founded

1993

Location

Region

Europe

Country

Germany

City

Hannover

Corporate office

Potsdamer Straße 47, 30163 Hannover, Germany

Principals

Dr. Martin Thomsen

Managing Director

Andrea Lehnert

Chair of the Supervisory Committee

Sector focus

Real EstateInfrastructurePrivate EquityPrivate DebtRenewable Energy

Frequently asked questions

Who runs investment decisions at Apothekerversorgung Niedersachsen?

Dr. Martin Thomsen serves as Managing Director with responsibility for operations and investments. Andrea Lehnert chairs the supervisory committee that oversees the fund.

Does Apothekerversorgung Niedersachsen participate in fund commitments or only direct deals?

The fund acts as limited partner in private equity, private debt and infrastructure funds via Spezial-AIF vehicles. It also holds direct real estate assets including residential developments in Hannover and Berlin.

What asset classes does Apothekerversorgung Niedersachsen target?

Primary allocations cover real estate, renewable energy infrastructure, private equity and private debt. Geographic focus remains on Germany and other European markets.

How is Apothekerversorgung Niedersachsen related to VGV?

VGV acts as the fund's investment advisor and asset manager under a mandate that began in 2019. The platform is shared with other German occupational pension schemes.

Where does the underlying capital originate?

Capital derives from mandatory pension contributions paid by pharmacists licensed in Niedersachsen, Hamburg and Sachsen-Anhalt.

Does Apothekerversorgung Niedersachsen maintain ESG reporting?

The fund participates in GRESB benchmarking for its real estate holdings and includes renewable energy infrastructure within its portfolio.

What recent governance events has Apothekerversorgung Niedersachsen disclosed?

In August 2024 the fund presented its 2023 annual financial statements and investment results to delegates in Hannover.

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