Commerz Real and the insurance group die Bayerische are entering into a strategic partnership in infrastructure investments. As jointly announced by the two companies, Commerz Real will assume responsibility for the management and administration of the Pangaea Life Blue Energy fund as of Jan. 1, 2027. The fund currently has more than €500 million ($578 million) of assets under management.
Pangaea Life was launched in 2017 as the real asset investment brand of the Munich-based insurance group die Bayerische with a focus on energy and sustainable real estate. The fund primarily invests in renewable-energy assets, including photovoltaic, wind and hydropower plants, as well as energy storage and energy-efficiency projects.
“For us, it is not only about where renewable energy is generated, but also about how it is stored, transmitted and made economically viable,” said Judith Lechermann, CIO of die Bayerische. “By broadening the infrastructure focus, we are strength
