�Aerzteversorgung Westfalen-Lippe (AEVWL) is one of Germany’s largest funds that provide retirement benefits for members of the Arztekammer Westfalen-Lippe (a group of doctors). The firm invests in private equity funds, fund of hedge funds, and real estate funds. Overall the pension manages about €8 billion in assets, with 20% dedicated to real estate. The firm currently has no active searches in the real estate fund space.