# Beamtenversicherungskasse des Kantons Zürich

Beamtenversicherungskasse des Kantons Zürich is a Pension Fund based in Zurich, Switzerland.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Zurich, Switzerland
- **Region:** Europe
- **Address:** Obstgartenstrasse 21, 8006 Zurich, Switzerland
- **Founded:** 1926
- **Assets under management:** Undisclosed
- **Website:** bvk.ch
- **LinkedIn:** https://ch.linkedin.com/company/bvk-personalvorsorge-des-kantons-z%C3%BCrich

## Regulatory record

- **Reports private funds:** No

## About

Beamtenversicherungskasse des Kantons Zürich was established in 1926 to provide retirement, disability, and death benefits to employees of the Canton of Zurich. It operates under private law as a foundation and remains the primary pension vehicle for cantonal staff and related entities. The fund allocates across equities, fixed income, and real estate. Target weights include approximately 33 percent in Swiss and international equities and 43 percent in government and corporate bonds. Real estate forms a core holding with direct ownership of projects such as Eichhof West in Luzern-Kriens and Basler Hochstrasse in Basel. It also extends mortgages valued at $2.95 billion. Geographic exposure centers on Switzerland with additional commitments to European private equity through vehicles such as Hg Mercury 2 and forestry assets in Australia and New Zealand. The organization employs 125 professionals at its Zurich headquarters. It maintains a 15.7 percent minority stake in Swissgrid through Axpo Volt Beteiligung. In May 2023 the fund participated as a speaker at the IPE Real Estate Global Conference in Milan, discussing global diversification and portfolio management. It belongs to ASIP, the Principles for Responsible Investment, and the Responsible Asset Allocator Initiative. The fund's structure as a private-law foundation tied directly to the Canton of Zurich creates a stable governance framework that separates investment decisions from political oversight while preserving a long-term mandate focused on member benefits.

## Sectors

- Real Estate
- Private Credit
- Venture Capital
- Distressed Debt
- Infrastructure
- Energy Transition & Renewables

## People

- Thomas Schönbächler — Chief Executive Officer and Chairman of the Management Board
- Marcel Metry — Chief Investment Officer
- Lilo Latzsch — Chair of the Board of Trustees

## Questions

### Who runs investment decisions at Beamtenversicherungskasse des Kantons Zürich?

Thomas Schönbächler serves as Chief Executive Officer and Chairman of the Management Board. Marcel Metry acts as Chief Investment Officer.

### Does Beamtenversicherungskasse des Kantons Zürich participate in fund commitments or only direct deals?

The fund holds both direct real estate assets and limited partner positions in vehicles such as Hg Mercury 2 and Avadis Renewables Fund.

### What investment stages does Beamtenversicherungskasse des Kantons Zürich typically target?

The fund pursues buyout, growth, and venture strategies through its private equity allocation alongside direct real estate development.

### How is Beamtenversicherungskasse des Kantons Zürich related to the Canton of Zurich?

It functions as the primary pension fund for Canton of Zurich employees and affiliated organizations under a private-law foundation structure.

### What is Beamtenversicherungskasse des Kantons Zürich's known posture on co-investments alongside external GPs?

It maintains minority ownership in operating businesses such as Swissgrid and commits to external funds in renewables and technology.

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- [TA Associates Profit Sharing Plan](https://altss.com/profile/ta-associates-profit-sharing-plan)
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Last updated: 2026-07-06T00:31:22.262Z

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