FMS Wertmanagement was founded in 2010 as the Federal government’s winding-up institution for the nationalised Hypo Real Estate Holding AG (HRE Group) with the aim of taking over risk positions and non-strategic operations from the HRE Group and unwinding them.

4 October 2022

The new IT platform of FMS Wertmanagement was successfully put into operation.

The German Financial Market Stabilisation Fund Act and the German Act to Accelerate Financial Market Stabilisation allow financial sector enterprises to transfer risk exposures and non-strategic operations to a structurally and financially independent winding-up institution established for the respective enterprise.*

The governance framework applicable to FMS Wertmanagement is derived from its Charter. The governing bodies of FMS Wertmanagement are the Supervisory Board and the Executive Board.

The Executive Board shall have at least two members who are appointed by the Supervisory Board with FMSA's approval for terms of no more than four years; they may be reappointed however.

The nominal value of the assets transferred was EUR 175.7 billion at the transfer date.

FMS Wertmanagement Service GmbH (FMS-SG) is a specialist financial servicing company with almost 300 employees in three locations – Munich and Dublin. It is a wholly owned subsidiary of FMS Wertmanagement AöR.