FSD completes acquisition of net-m 1891 GmbH

Funding Solutions selected as a runoff partner for the former net-m privatbank 1891 AG.

Funding Solutions Deutschland (FSD), a specialized service provider in the field of pension risk management, has taken over all shares of net-m 1891 GmbH with a share capital of EUR 24,441,191 (formerly net-m privatbank 1891 AG) with effect from 20.03.2023 and continues the company as a so-called pensioner company.

With effect from March 25, 2022, the former net-m privatbank 1891 AG discontinued its banking operations and declared to the German Federal Financial Supervisory Authority (BaFin) that it waived its license to conduct banking business pursuant to Section 24 (1) No. 4 of the German Banking Act (KWG). Following the discontinuation of the banking business, the owners of the former bank have found in FSD a professional partner for the long-term and sustainable management of obligations arising from commitments to company pension schemes, including comprehensive indirect pension fund commitments.

About Funding Solutions Deutschland (FSD)

Funding Solutions was founded in 2018 by pension and investment experts as a Pension Risk Boutique. Today, Funding Solutions serves numerous multinational corporations (MNCs) in structuring, managing, and monitoring their pensions and investment landscape.

Funding Solutions has further developed the concept of pension risk transfers, established in the Anglo-Saxon world as Pension Buy-Out, for Germany and realized the largest commercial Pension Buy-Out transaction to date using a pensioner company. Funding Solutions has taken over pension commitments of more than EUR 320 million from industrial and service companies as well as from the regulated banking industry.

If you would like to learn more about how FSD can support you with your corporate pensions, please contact us or visit www.fundingsolutions.de

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