Foto: Pangea Life Capital Partners
Lahcen Knapp, Michael Haupt and Martin Gräfer (from left to right) are happy about the launch of Pangea Life Capital Partners
Pangea Life also opens its funds to investors outside of the insurance shell. To this end, the parent company, Bayerische, is establishing a sustainable investment subsidiary together with the Swiss real estate investment company Empira. The growth plans are ambitious.
With the founding of Pangea Life Capital Partners, based in Zug, Switzerland, the Munich insurance group, the Bavarian and the Swiss real estate investor Empira AG are intensifying their cooperation: Both companies are pooling their expertise in the field of sustainable real assets, real estate and (institutional) investments. CEO is Michael Haupt, who brings 30 years of experience in running finance and real estate companies to the joint venture.
Opening up for investments outside of the insurance cover
So far, customers have only been able to invest in Pangea Life funds via insurance products within Germany. With Pangea Life Capital Partners, Empira AG and Bayerische are internationalizing fund sales, initially in the DACH region. Other European countries and markets outside of Europe are likely to follow.
Both partners emphasize in a joint statement that Pangea Life Capital Partners is pursuing the goal of expanding the portfolio of theme funds to include other future sectors of sustainable change. The plan is to establish the new company outside the insurance world as an important contact for global sustainable investments.
Offer also for institutional investors
“According to our philosophy of blue sustainability, we ensure that the ecological and social impact of our investments is in line with the return we achieve. In this way, we create holistically sustainable products for our customers. Personally, I am extremely pleased that we can intensify the successful partnership with Empira AG. With our new joint venture, we are taking the next step in the evolution of Pangea Life together and will from now on also inspire people outside the insurance world for our approach to sustainable investing,” emphasizes Martin Gräfer, member of the Board of Management of Bayerische.
“We are proud to deepen our relationship with the Bavarian and to invest together in a sustainable future,” says Lahcen Knapp, Chairman of the Board of Directors of the Empira Group. “With this joint venture, we look forward to exploring new opportunities and expanding the benefits of sustainable investing to a broader base of investors.”
2023-06-09 00:41:12
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