# PK Elbe

PK Elbe is a Pension Fund based in Hamburg, Germany.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Hamburg, Germany
- **Region:** Europe
- **Address:** Hamburg, Germany
- **Assets under management:** Undisclosed
- **Website:** pk-elbe.de
- **LinkedIn:** https://linkedin.com/company/elbe-credit-management-gmbh

## Regulatory record

- **Reports private funds:** No

## About

PK Elbe is a private sector pension fund based in Hamburg, Germany. It manages approximately $144.25 million in assets primarily focused on European investments.

## Sectors

- Real Estate
- Mixed-Use

## People

- Patrick Schütze — Managing Director, Immo PK Elbe Verwaltungsgesellschaft mbH
- Mario Gustav Ickes — Former Managing Director

## Questions

### Who are the ultimate beneficiaries of PK Elbe?

The fund serves exclusively the members of the Lotsenbrüderschaft Elbe — the professional guild of maritime pilots operating on the Elbe River. Membership is restricted to licensed pilots who hold an official appointment to navigate vessels to and from the Port of Hamburg.

### How is PK Elbe legally structured?

PK Elbe is constituted as a Pensionskasse in the legal form of a Versicherungsverein auf Gegenseitigkeit (VVaG) — a mutual insurance association. This means the insured pilot members collectively own the entity, and any surplus must be used for member benefits rather than distributed to outside shareholders.

### What real estate does PK Elbe directly own?

Through its subsidiary Immo PK Elbe GmbH & Co. KG, the fund holds a mixed-use property at Elbchaussee 330, 22609 Hamburg. The property management is conducted by a separate administrative entity, Immo PK Elbe Verwaltungsgesellschaft mbH, under Managing Director Patrick Schütze.

### Is PK Elbe open to co-investments or external limited partners?

No. As a single-sponsor VVaG pension scheme dedicated solely to the pilots of the Lotsenbrüderschaft Elbe, the fund does not accept external capital, co-investors, or third-party limited partners. Its structure is closed to anyone outside the pilot brotherhood.

## Related profiles

- [PKA Architecture](https://altss.com/profile/pka)
- [Pkrids Wealth Management](https://altss.com/profile/pkrids-wealth-management)

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

Canonical page: https://altss.com/profile/pk-elbe

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