Peter Nies

DBV-Winterthur Holding AG & Co. Beteiligungs (Invt Mgmt) (DBV-IM) is the German investment management division of DBV-Winterthur Holding AG & Co. Beteiligungsgesellschaft KG, ultimately owned by AXA SA (XP: CS; NYSE: AXA) in France. Based in Wiesbaden, the firm manages the insurance assets of their life and non-life insurance policies on behalf of their parent company, while all their other funds are managed by AXA.

CVM Value Invest AG (CVM) is the investment management subsidiary of Capiton Holding GmbH in Germany. Formerly known as capiton value management AG, the firm was founded in 2007 and focuses on acquiring minority interests in listed companies. Headquartered in Bad Soden Salmünster, the firm seeks to purchase significant shares in noticeably undervalued medium-sized enterprises, offering management support for implementing value-creating measures through their capital market know how and the private equity expertise of their affiliate company, capiton AG.