Allocation
Growth, recurring income and the preservation of substance and liquidity are deliberately combined across multiple asset classes.
Our philosophy
We pursue a long-term investment approach based on substance, diversification and sustainable value creation. The objective is to allocate capital across asset classes in a way that brings stability, growth and flexibility into balance.
Philosophy
Long-term, structured, backed by own capital.
Our portfolio combines entrepreneurial holdings with liquid capital market investments as well as selected alternative investments and real estate. Each asset class fulfills a clearly defined role within the overall portfolio.
Decision Process
Investment decisions follow a structured, analytical process. Beyond financial metrics, we place particular emphasis on business model quality, partner quality and long-term market trends.
Time Horizon
As a family office, we invest our own capital and operate without short-term exit pressure. The focus is on sustainable value creation across generations.
Portfolio Structure
Multiple asset classes, one overall logic.
Our portfolio is deliberately built across multiple asset classes. Each class fulfills a clearly defined function within the overall structure and helps balance risk, return and liquidity.
Together, they form a resilient portfolio that enables entrepreneurial growth while maintaining stability and flexibility.
The individual asset classes differ not only in structure, but also in their contribution to the overall strategy, ranging from growth-oriented holdings and liquid capital market investments to substance-oriented assets.
Growth
Entrepreneurial holdings provide access to long-term value potential and form the growth-oriented part of the overall strategy.
Liquidity
Capital market investments preserve flexibility, liquidity and the ability to actively steer a liquid segment of the portfolio.
Substance
Alternative investments and real estate complement the structure through diversification, recurring income and substance-oriented resilience.
Direct Investments
Direct Investments - Cloud & SaaS
We selectively invest in high-growth Cloud and SaaS companies. At the center are partnerships with founders and strong management teams that combine technological depth, entrepreneurial clarity and ambitious growth plans.
We invest as a co-investor with a long-term horizon and view direct investments as collaborative partnerships among equals. In addition to capital, we contribute technology insight, entrepreneurial experience and strategic exchange without taking over operating control.
Partnership with Founders & Management
We work with founders and management teams who understand their markets, take ownership and continue developing their companies with clear operational strength.
Focus & Contribution
We focus on Cloud and SaaS companies with scalable business models, recurring revenues and clearly identifiable customer value. Alongside capital, we contribute technology expertise, entrepreneurial experience and long-term commitment.
Portfolio Examples
The following companies represent a selective extract from the portfolio. They illustrate both our investment focus and our partnership-based collaboration with founders and management teams; they do not constitute a complete list of all holdings.
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01
contabo.com:
International provider of cloud infrastructure and hosting solutions with a focus on scalable, cost-efficient infrastructure services.
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German cloud and hosting provider focused on mission-critical applications, managed services and sovereign infrastructure.
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03
zerops.io:
Developer-first cloud platform for running modern applications with a focus on automation, scalability and production-like workflows.
Objective
Access long-term value potential in high-growth technology companies alongside founders and strong management teams capable of developing their businesses over many years.
Risk Management
We limit risk through structured due diligence, close assessment of business model quality, market position and scalability, and the deliberate selection of founders and management teams with proven operating strength.
Capital Markets
Capital Markets - Stability & Liquidity
Public market investments are a core part of our portfolio. They provide stability, liquidity and flexibility while supporting targeted co-investments.
Allocation Building Blocks
The capital market allocation combines several instruments, each serving a clearly defined role for stability, income and flexibility.
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01
Equities (global ETFs)
Broad, globally diversified ETFs to spread market risk and capture long-term growth.
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02
Bonds
Balanced mix of sovereign and corporate bonds to stabilize returns.
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03
Derivatives
Used selectively for hedging or return optimization under strict risk controls.
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04
Cash Management
Active liquidity management to stay ready for co-investments and market opportunities.
Objective
Combine stability, flexibility and predictable income with long-term consistency.
Risk Management
Risk is managed through broad diversification, clear allocation discipline, continuous monitoring of market, interest-rate and liquidity risks, and the selective use of hedging instruments within defined limits.
Alternative Investments
Alternative Investments - Private Equity & Private Debt
Alternative investments broaden the portfolio through return sources that are less directly correlated with public markets, thereby strengthening diversification and the overall return profile.
Allocation Building Blocks
Within this asset class, we rely on two complementary building blocks with different return and cash flow profiles.
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01
Private Equity:
Selective exposure to funds and co-investments in innovative growth companies.
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02
Private Debt:
Pre-screened lending vehicles to generate stable and predictable cash flows.
Our approach
Our approach is selective and partnership-driven. We focus on funds and co-investments with a verifiable track record, clearly defined roles and a robust structure for sustainable value creation.
For us, attractive return potential must be matched by transparency, structure and the quality of the respective partners. This creates investments that fit coherently into the overall portfolio strategy while contributing resilient cash flows or long-term value creation.
Objective
Capture return opportunities, diversify risk and enhance total portfolio performance.
Risk Management
Manager selection, structural review, continuous monitoring and deliberate diversification across strategies, durations and partners reduce concentration and downside risks.
Real Estate
Real Estate - Substance & Resilience
Real estate is a long-term anchor within the portfolio. It combines predictable recurring income with tangible asset backing and complements the other asset classes with a more stable, less market-driven return profile.
Our focus is on regional properties in and around Dusseldorf. Alongside economic criteria, we also consider it important to contribute through responsible ownership to keeping Dusseldorf and its surrounding area attractive as a place to live over the long term.
Allocation Building Blocks
Our real estate portfolio is deliberately focused. We do not invest broadly or opportunistically, but in a limited number of understandable assets with a clear income logic, durable rental appeal, regional proximity and solid underlying substance.
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01
Single Flats
Selectively chosen individual apartments in attractive micro-locations with stable rental demand, predictable cash flows and long-term value preservation.
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02
Apartment Houses
Larger residential assets with recurring rental income, active management potential and the opportunity to enhance both substance and earnings capacity over time.
Objective
Real estate is intended to provide recurring, predictable income, preserve tangible asset value and add a durable long-term earnings source to the overall portfolio.
Risk Management
Risk is managed through disciplined asset selection, conservative underwriting, a focus on lettable locations and active management with close attention to maintenance, tenant quality and long-term value stability.