Insurance

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Landeskrankenhilfe

Landeskrankenhilfe was established in 1926 as a mutual private health insurer headquartered in Lüneburg. Dr. Matthias Brake serves as Chairman of the Board.

Landeskrankenhilfe logo

Landeskrankenhilfe

Landeskrankenhilfe was established in 1926 as a mutual private health insurer headquartered in Lüneburg. Dr. Matthias Brake serves as Chairman of the Board. The firm historically shared infrastructure with sister company Landeslebenshilfe until the life portfolio transferred to Frankfurter Leben-Gruppe in 2023. The insurer allocates 0.4% of assets to private equity and maintains a diversified portfolio with more than 85% in investment-grade fixed income and equities. Confirmed holdings include Sana Kliniken AG and gematik GmbH. It previously held a 40% stake in M.M.Warburg & CO Hypothekenbank AG until exit. Geographic focus remains Germany with one public equity position reported in RHÖN-KLINIKUM AG at 5.21%. Assets total 9.1B USD. The firm employs service providers including PwC as auditor and IBM Consulting for IT modernization. In October 2024 it appeared as speaker at the Fonds Finanz Hauptstadtmesse in Berlin. It sponsors the SVG Lüneburg volleyball team and maintains membership in the PKV-Verband. Landeskrankenhilfe functions as a regulated mutual insurer rather than a family office or asset manager. Governance centers on the Vorstand under Dr. Matthias Brake with oversight from the PKV association framework.

General information

Firm type

Insurance

Year founded

1926

AUM

9.1B (Altss estimate)

Location

Region

Europe

Country

Germany

City

Lüneburg

Corporate office

Uelzener Straße 120, 21335 Lüneburg, Germany

Principals

Dr. Matthias Brake

Chairman of the Board

Sector focus

InsuranceHealthcare

Frequently asked questions

Who runs investment decisions at Landeskrankenhilfe?

Dr. Matthias Brake serves as Chairman of the Board. Investment activity follows the conservative mandate of a regulated mutual health insurer.

Does Landeskrankenhilfe participate in fund commitments or only direct deals?

The firm holds one limited partnership interest in HF-Fonds VII and maintains direct ownership in operating companies such as Sana Kliniken AG.

What is Landeskrankenhilfe's known posture on co-investments alongside external GPs?

No co-investment program is disclosed. Private equity exposure remains minimal at 0.4% of assets.

Where does the underlying capital come from?

Capital originates from insurance premiums and reserves of the mutual health insurer established in 1926.

How is Landeskrankenhilfe related to Landeslebenshilfe?

Landeslebenshilfe operated as sister company until its portfolio transferred to Frankfurter Leben-Gruppe in 2023.

Profile maintained by 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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