Macro Finance
BVK Pension Fund Raided Over US Business, Munich Prosecutors Say
Bloomberg Markets·November 5, 2026·1 min read
Munich prosecutors raided German pension fund group BVK over its troubled US property investments, just two days after searching asset manager Deutsche Finance in the same probe. The raids target suspected irregularities in US real estate deals that led to significant losses for BVK. Investigators are examining potential breaches of duty by executives at both firms.
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