The dentists also filed a lawsuit against their advisors in the meantime. According to several reports in 2025, the fund made investments in private capital such as start-ups and real estate projects (including unsecured loans) amounting to around 50% of their assets. This deviates sharply form usual investment-grade guidelines imho (I used to work in this industry and think I understand this a bit). According to VZB’s website (and the article) the fund’s investment committee is composed exclusively of practicing dentists rather than asset management professionals. This is not a good idea imho.
The dentists also filed a lawsuit against their advisors in the meantime. According to several reports in 2025, the fund made investments in private capital such as start-ups and real estate projects (including unsecured loans) amounting to around 50% of their assets. This deviates sharply form usual investment-grade guidelines imho (I used to work in this industry and think I understand this a bit). According to VZB’s website (and the article) the fund’s investment committee is composed exclusively of practicing dentists rather than asset management professionals. This is not a good idea imho.