The supervisory board of the venturecapital.de fund brings together deep expertise from law, banking, and entrepreneurship. The board is chaired by Günther P. Löw, a distinguished lawyer, asset manager, and investment specialist who has held leading supervisory roles at several prominent companies, including Impera Total Return AG, and is managing director of GPL Verwaltungs- und Beteiligungs GmbH in Frankfurt. His career is marked by decades of experience in structuring and overseeing complex investment vehicles, making him a trusted figure in asset management and venture financing.

As deputy chairman, Norbert Kistermann, a seasoned banker, lends his considerable know-how from top executive positions within the German banking sector. He has served as CEO of the Otto M. Schröder Bank, previously led Bankhaus Bauer, and held key management posts at renowned institutions such as BHF-Bank, Dresdner Bank, and Fidor Bank. His extensive background covers strategic development, M&A, and corporate finance, and he is recognized for steering banks and financial institutions through transformative market phases.

Heiko Rauch completes the board as a pioneering entrepreneur and tech investor. Co-founder of zanox.de AG, he helped build Europe’s leading affiliate marketing network, expanding it internationally before achieving a notable exit when the company was acquired by Axel Springer and Publi Groupe. Today, Heiko is active as a business angel, supporting innovative startups and digital ventures across a range of industries, and is known for his commitment to fostering entrepreneurship throughout Europe.