Pension Fund

Updated:

HEAG PZK

HEAG Pensionszuschusskasse VVaG was established in 1940 to provide occupational old-age provision for staff of the HEAG and ENTEGA group companies.

HEAG PZK logo

HEAG PZK

HEAG Pensionszuschusskasse VVaG was established in 1940 to provide occupational old-age provision for staff of the HEAG and ENTEGA group companies. Thomas Bäuml serves as chairman of the board alongside Arkadius Machura; Albrecht Förster chairs the supervisory board. The fund remains tied to its two sponsoring employers. The pension fund invests in private equity, real estate, infrastructure and private debt. Confirmed holdings include the NTR Renewable Energy Income Fund II, the Aquila Capital Infrastructure Fund and a commitment to SwanCap Private Equity. Geographic exposure centers on Germany and broader Europe. A residential portfolio in Darmstadt forms part of the direct real-estate book. The firm employs no disclosed investment professionals beyond the two board members. It maintains membership in the German occupational-pensions association aba and sponsors the local cultural initiative HEAG Kulturfreunde. In April 2024 the fund attended the Institutional Money Kongress in Frankfurt. HEAG PZK operates as a captive pension vehicle whose mandate is defined by the sponsoring employers rather than by external capital raising or succession planning.

General information

Firm type

Pension Fund

Year founded

1940

Location

Region

Europe

Country

Germany

City

Darmstadt

Corporate office

Luisenplatz 5a, 64283 Darmstadt, Germany

Principals

Thomas Bäuml

Chairman of the Board

Arkadius Machura

Member of the Board

Albrecht Förster

Chairman of the Supervisory Board

Sector focus

Private EquityReal EstateInfrastructurePrivate Credit

Frequently asked questions

Who runs investment decisions at HEAG PZK?

Thomas Bäuml chairs the board and Arkadius Machura serves as the second board member. Albrecht Förster leads the supervisory board. No separate CIO is disclosed.

What asset classes does HEAG PZK allocate to?

The fund invests in private equity, real estate, infrastructure and private debt. Direct residential holdings in Darmstadt supplement the fund commitments.

How is HEAG PZK related to its sponsoring companies?

HEAG Holding AG and ENTEGA AG are the founding and ongoing sponsoring employers. The pension fund exists solely to serve their employees.

Does HEAG PZK make direct investments or only fund commitments?

The fund holds both direct residential real estate in Darmstadt and limited-partner interests in infrastructure and private-equity vehicles.

Which industry associations does HEAG PZK belong to?

The fund is a member of aba, the German association for occupational pensions.

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