Code:
An error has occurred: Unable to initialize the DirectX component. Make sure there are no other instances of the program open and the Visual C++ 2013 Run Time is installed. It can be downloaded from
http://www.microsoft.com/en-us/download/details.aspx?id=40784

Manche oder alle Identitätsverweise konnten nicht übersetzt werden
reinstalled the Visual C++ runtime, restarted the PC, stopped shadowplay, steam and everything else that has some overlay.
Still same error.

the last part of the errormessage is german:
Manche oder alle Identitätsverweise konnten nicht übersetzt werden = some or all Identitylinks couldnt be translated (or something like that )

running german windows 7.