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Private Equity GPs in Germany

Discover private equity GPs in Germany. The German PE market is Europe's third largest, driven by a deep Mittelstand ecosystem and increasing buyout and growth activity.

100
GPs
€300250.8B
Combined AUM
4
Strategies

Yabeo

Yabeo is a boutique family-money-backed venture capital firm founded in 2011 and based in Pullach near Munich, investing in early-stage tech startups…

€300000.0BFounded 20112 fundsPullach im Isartal
VC
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PATRIZIA SE

PATRIZIA SE is a listed Augsburg-headquartered global real-assets manager whose infrastructure equity arm (built on the 2022 acquisition of Whitehelm…

€55.9BFounded 19845 fundsAugsburg
Real EstateGrowth
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Athos

Athos (ATHOS KG / Athos Service GmbH) is the Munich-based single-family office and direct-investment arm of twins Andreas and Thomas Struengmann, who…

€20.0BFounded 20011 fundsMunich
GrowthVC
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Triton Partners

Triton is a European mid-market private equity and credit investor founded in 1997 by Peder Prahl and owned by its partners, with operational headquar…

€18.5BFounded 19979 fundsFrankfurt
Buyout
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KGAL

KGAL is a Gruenwald-based real-asset investment manager founded in 1968 that manages around EUR 15 billion for institutional and private investors acr…

€15.0BFounded 19683 fundsGruenwald
Real EstateGrowth
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Viessmann Generations Group

Viessmann Generations Group is the Allendorf-based family-equity and holding platform of the Viessmann family, recast as a dedicated investment vehicl…

€12.0BFounded 19171 fundsAllendorf
BuyoutGrowth
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L. Possehl & Co. mbH (Possehl Group)

Possehl is a Luebeck-based, foundation-owned industrial holding whose sole shareholder has been the non-profit Possehl-Stiftung since 1919. It runs an…

€8.4BFounded 18471 fundsLuebeck
BuyoutGrowth
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Luxcara

Luxcara is an independent, management-owned asset manager based in Hamburg, founded in 2009, investing institutional capital in energy-transition infr…

€7.5BFounded 20095 fundsHamburg
Growth
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BU Bregal Unternehmerkapital

DACH mid-market buyout and growth firm founded in Munich in 2015 by Florian Schick and Jan-Daniel Neumann together with the Brenninkmeijer family (C a…

€7.0BFounded 20155 fundsMunich
BuyoutGrowth
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Aquila Capital

Aquila Capital is a Hamburg-based alternative investment manager and BaFin-licensed AIFM founded in 2001 by Roman Rosslenbroich and Dieter Rentsch, fo…

€6.5BFounded 20015 fundsHamburg
Real EstateGrowth
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Armira

Armira is a Munich-based investment holding founded in 2008 by Alexander Schemann that invests permanent capital from entrepreneur families and long-t…

€5.0BFounded 20083 fundsMunich
BuyoutGrowth
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Castik Capital

Castik Capital is a European private equity firm founded in June 2014 by Michael Phillips and partners spinning out of Apax, investing through its EPI…

€5.0BFounded 20144 fundsMunich
Buyout
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NORD Holding

Hannover private equity investor founded in 1969 and rooted in the Sparkassen savings-bank and VGH insurance orbit, with EUR 5.0bn in assets under man…

€5.0BFounded 19695 fundsHannover
BuyoutGrowth
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Prime Capital

Prime Capital AG is an independent Frankfurt-based alternatives manager founded in 2006 by Wolfgang Stolz, running roughly EUR 4.3bn of assets under m…

€4.3BFounded 20062 fundsFrankfurt
Real Estate
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DPE Deutsche Private Equity

Munich mid-market buyout and growth firm founded in 2007 by Marc Thiery and Volker Hichert, initially operating as Parcom Deutsche Private Equity. DPE…

€3.0BFounded 20075 fundsMunich
BuyoutGrowth
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Elvaston Capital Management

Elvaston Capital Management is a Berlin-based, entrepreneur-led private equity firm founded in 2009 by Dr. Oliver Thum and Dr. Thomas Keul, specializi…

€3.0BFounded 20095 fundsBerlin
Buyout
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Target Global

Target Global is a Berlin-headquartered pan-European venture capital firm founded in 2015 by Shmuel Chafets and Yaron Valler, investing from seed to p…

€3.0BFounded 20155 fundsBerlin
VCGrowth
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HV Capital

HV Capital is a Munich and Berlin based venture capital firm founded in 2000 as Holtzbrinck Ventures, the corporate VC arm of the Holtzbrinck publishi…

€2.8BFounded 20008 fundsMunich
VCGrowth
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CYCAP Asset Management

CEE Group is a Hamburg-based renewable-energy infrastructure asset manager founded in 2000, managing around EUR 2.7bn across onshore wind, solar PV an…

€2.7BFounded 20002 fundsHamburg
Growth
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Deutsche Beteiligungs AG

Deutsche Beteiligungs AG (DBAG) is a Frankfurt-listed private equity firm (SDAX, HRB 52491) founded in 1965 and listed since 1985, the first German PE…

€2.7BFounded 196512 fundsFrankfurt
Buyout
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Earlybird Venture Capital

One of Europe most experienced venture capital firms (Berlin/Munich, founded 1997), investing across technology and life sciences from seed to growth…

€2.5BFounded 19974 fundsBerlin
VC
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Franz Haniel & Cie

Franz Haniel & Cie. is a wholly family-owned investment holding based in Duisburg and founded in 1756, pursuing an enkelfaehig (grandchild-proof) fami…

€2.5BFounded 17561 fundsDuisburg
Buyout
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Paragon Partners

Paragon Partners is a Munich-based private equity firm founded in 2004 that acquires mid-market companies in the DACH region with operational improvem…

€2.4BFounded 20044 fundsMunich
Buyout
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Bertelsmann Investments

Bertelsmann Investments is the corporate venture capital umbrella of German media and services group Bertelsmann, bundling the group's global VC funds…

€2.3BFounded 20063 fundsGutersloh
VCGrowth
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AGIC Capital

AGIC Capital is a Euro-Asian private equity firm founded in 2015 by Henry Cai, investing in industrial technology, advanced manufacturing and healthca…

€2.0BFounded 20152 fundsMunich
BuyoutGrowth
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Rocket Internet SE

Rocket Internet SE is a Berlin-based company builder and evergreen technology holding founded in 2007 by brothers Marc, Oliver and Alexander Samwer. I…

€1.9BFounded 20071 fundsBerlin
VCGrowth
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Global Founders Capital

Global Founders Capital (GFC Global Founders Capital GmbH) is the Berlin-based, stage-agnostic venture capital platform of Rocket Internet, founded in…

€1.8BFounded 20132 fundsBerlin
VCGrowth
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Leaps by Bayer

Leaps by Bayer is the impact-focused corporate venture capital arm of Bayer AG, founded in 2015 to invest off the company balance sheet in transformat…

€1.8BFounded 20151 fundsBerlin
VCGrowth
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capiton

Berlin mid-market buyout firm founded in 1999 as the private equity arm of the Gothaer insurance group and made independent through a management buyou…

€1.6BFounded 19998 fundsBerlin
BuyoutGrowth
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Allianz X

Allianz X is the digital investments arm of Allianz Group, a Munich-based corporate venture capital unit founded in 2016 that makes late-stage growth…

€1.5BFounded 20161 fundsMunich
GrowthVC
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Picus Capital

Picus Capital is a Munich-based early-stage technology venture firm founded in 2015 by Alexander Samwer, Jeremias Heinrich and Robin Godenrath, invest…

€1.5BFounded 20153 fundsMunich
VC
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Cherry Ventures

Cherry Ventures is a Berlin-headquartered early-stage venture capital firm founded in 2012 by former Zalando operators Filip Dames and Christian Meerm…

€1.4BFounded 20125 fundsBerlin
VCGrowth
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dievini Hopp BioTech holding

dievini Hopp BioTech holding is the evergreen life-sciences family-office holding of SAP co-founder Dietmar Hopp and his family, based in Walldorf, Ge…

€1.4BFounded 20051 fundsWalldorf
VCGrowth
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High-Tech Gruenderfonds (HTGF)

Germany most active seed-stage venture capital investor (Bonn, public-private partnership founded 2005), having backed 700+ high-tech startups across…

€1.4BFounded 20054 fundsBonn
VC
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MIG Capital

MIG Capital is a Munich-based venture capital manager that invests in early and growth-stage deeptech and life-sciences companies across German-speaki…

€1.3BFounded 20046 fundsMunich
VCGrowth
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Bosch Ventures

Bosch Ventures (formerly Robert Bosch Venture Capital GmbH, rebranded 2024) is the corporate venture capital arm of the Bosch Group, founded in 2007 a…

€1.2BFounded 20074 fundsStuttgart
VCGrowth
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Project A Ventures

Project A Ventures is a Berlin-based early-stage operational venture capital firm founded in 2012, backing pre-seed and seed technology startups acros…

€1.2BFounded 20125 fundsBerlin
VCGrowth
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ATON GmbH

ATON GmbH is the Munich-based evergreen industrial holding of the Helmig family, founded in 2001 by Dr. Lutz M. Helmig after the sale of Helios Klinik…

€1.2BFounded 20011 fundsMunich
Buyout
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Maxburg Capital Partners

Maxburg Capital Partners is a Munich-based private equity manager founded in 2014 that invests exclusively on behalf of the RAG-Stiftung. It runs a hi…

€1.1BFounded 20143 fundsMunich
BuyoutGrowth
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Auctus Capital Partners

Munich independent lower-mid-market private-equity firm (founded 2001) specializing in buy-and-build/buyout platforms for DACH SMEs, with offices in M…

€1.0BFounded 20015 fundsMunich
Buyout
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Hitachi Ventures

Hitachi Ventures is the global corporate venture capital arm of Japan's Hitachi group, operationally headquartered in Munich with offices in Palo Alto…

€950MFounded 20194 fundsMunich
VCGrowth
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MBB SE

MBB SE is a listed, family-led German industrial holding company headquartered in Berlin, founded in 1995 as Nesemeier and Freimuth GmbH and listed on…

€937MFounded 19951 fundsBerlin
BuyoutGrowth
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Hannover Finanz

Hannover Finanz is one of Germany's oldest independent private equity houses, founded in 1979 and based in Hannover. It is an owner-managed, second-ge…

€900MFounded 19791 fundsHannover
BuyoutGrowth
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Quadriga Capital

Frankfurt mid-market control-buyout firm operating since around 1990, investing in DACH healthcare, tech-enabled services and smart-industry companies…

€851MFounded 19905 fundsFrankfurt
Buyout
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Adiuva Capital

Adiuva Capital is a Hamburg-based, entrepreneur-backed small and mid-cap private equity investor founded in 2011, independent of institutional interes…

€800MFounded 20113 fundsHamburg
BuyoutGrowth
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BID Equity

BID Equity is a Hamburg-based private equity firm founded in 2016 by three former BCG consultants that invests exclusively in European B2B software co…

€800MFounded 20164 fundsHamburg
Buyout
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EMERAM Capital Partners

EMERAM Capital Partners is a Munich-based mid-market private equity firm founded in January 2012 that invests in German-speaking companies across thre…

€800MFounded 20122 fundsMunich
BuyoutGrowth
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Orlando Management

Orlando Management is a Munich-based private equity advisor specialising in special situations, turnarounds, corporate carve-outs and succession deals…

€800MFounded 20015 fundsMunich
BuyoutGrowth
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Unternehmertum Venture Capital Partners

Unternehmertum Venture Capital Partners, known as UVC Partners, is a Munich-based early-stage and growth venture capital firm founded in 2011 that bac…

€800MFounded 20114 fundsMunich
VCGrowth
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LIVIA Group

LIVIA Group is the independent industrial holding and private investment firm of Prof. Dr. Dr. Peter Loew, founded in 2013 and headquartered in Munich…

€782MFounded 20131 fundsMunich
Buyout
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Acton Capital

Acton Capital is a Munich-based growth-equity and late-stage venture firm founded in 1999 as the investment team of Hubert Burda Media (Burda Digital…

€780MFounded 19994 fundsMunich
GrowthVC
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Certina Holding

Certina Holding (branded CERTINA GROUP) is a Munich-area family industrial holding founded in 1997 by Dr. Hans Wehrmann and headquartered in Gruenwald…

€750MFounded 19971 fundsGruenwald
Buyout
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Yttrium

Yttrium is a Munich-based B2B technology growth equity investor that partners with management teams of fast-growing software and software-enabled serv…

€750MFounded 20152 fundsMunich
Growth
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INDUS Holding AG

INDUS Holding AG is a listed (SDAX, ticker INH, ISIN DE0006200108) German buy-and-hold industrial holding based in Bergisch Gladbach, founded in 1989…

€731MFounded 19891 fundsBergisch Gladbach
BuyoutGrowth
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Bayern Kapital

Bavaria public venture-capital company (subsidiary of LfA Foerderbank Bayern) making direct minority equity investments in high-tech Bavarian startups…

€700MFounded 19952 fundsLandshut
VC
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Point Nine Capital

Point Nine (P9) is a Berlin-based thesis-driven early-stage venture capital firm founded in 2011 by Christoph Janz and Pawel Chudzinski, specializing…

€640MFounded 20116 fundsBerlin
VC
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Mutares

Mutares SE & Co. KGaA is a Munich-listed (SDAX) private equity holding founded in 2008 by Robin Laik that acquires corporate carve-outs and companies…

€604MFounded 20081 fundsMunich
Buyout
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Deutsche Balaton Aktiengesellschaft

Deutsche Balaton AG is a Heidelberg-based, publicly listed evergreen investment and holding company founded in 1991 and controlled by Wilhelm K.T. Zou…

€603MFounded 19911 fundsHeidelberg
GrowthVCBuyout
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Redstone

Redstone is a Berlin-based early-stage venture capital firm founded in 2014 that operates a VC-as-a-Service model, managing multiple sector and themat…

€600MFounded 20144 fundsBerlin
VC
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Visionaries Club

Visionaries Club is a Berlin- and London-based early-stage venture capital firm founded in 2019 by Robert Lacher and Sebastian Pollok, focused on Euro…

€600MFounded 20195 fundsBerlin
VCGrowth
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Maguar Capital

Maguar Capital Partners is a Munich-based private equity firm founded in 2019 that backs B2B software companies in the DACH small-cap segment, typical…

€595MFounded 20193 fundsMunich
Buyout
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Halder

Halder is a Frankfurt-based mid-market private equity firm investing in profitable German-speaking (DACH) Mittelstand companies via management buy-out…

€570MFounded 19915 fundsFrankfurt am Main
Buyout
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CommerzVentures

CommerzVentures is a Frankfurt-based venture capital firm founded in 2014 as the corporate venture arm of Commerzbank, becoming an independent investm…

€550MFounded 20143 fundsFrankfurt
VCGrowth
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468 Capital

468 Capital is a Berlin-based early-stage venture capital firm founded in 2020 by Ludwig Ensthaler, Florian Leibert and Alexander Kudlich, with additi…

€540MFounded 20202 fundsBerlin
VC
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EOS Partners

EOS Partners is a Munich-based small-mid buyout firm founded in 2015 that pursues majority buyouts of DACH SME category leaders in software and IT-ena…

€500MFounded 20152 fundsMunich
BuyoutGrowth
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Nordwind Growth

Nordwind Growth, formerly Nordwind Capital, is a Munich-based growth and small-mid buyout investor founded in 2012 that backs high-growth technology c…

€500MFounded 20121 fundsMunich
GrowthBuyout
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bm-t Beteiligungsmanagement Thueringen

bm-t Beteiligungsmanagement Thueringen (bm|t) is the public venture capital and private equity arm of the Free State of Thuringia, based in Erfurt and…

€465MFounded 20037 fundsErfurt
VCGrowthBuyout
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BlueYard Capital

BlueYard Capital is a Berlin-based deep-tech venture capital firm founded in 2016 by former Earlybird partners Ciaran O'Leary and Jason Whitmire. It i…

€460MFounded 20164 fundsBerlin
VC
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Burda Principal Investments

Burda Principal Investments (BPI) is the growth-capital division of Hubert Burda Media, founded in 2016 and investing the family-owned media group's b…

€460MFounded 20161 fundsMunich
Growth
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Borromin Capital Management

Independent Frankfurt mid-market buyout firm doing majority deals in the DACH region and Benelux across industrials, consumer and business services. S…

€455MFounded 20015 fundsFrankfurt
Buyout
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BMH Beteiligungsmanagement Hessen

Hessen public mid-market equity and venture-capital investor (Wiesbaden, 100pc Helaba subsidiary), taking direct open equity (offene Beteiligung) in y…

€450MFounded 20012 fundsWiesbaden
GrowthVC
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PINOVA Capital

Independent Munich private-equity firm founded in 2007, providing growth capital and succession solutions to fast-growing niche technology and industr…

€450MFounded 20073 fundsMunich
GrowthBuyout
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Vsquared Ventures

Vsquared Ventures is a Munich-based early-stage venture capital firm founded in 2020 that backs European deep-tech companies from pre-seed to Series A…

€450MFounded 20202 fundsMunich
VC
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CMP Capital Management-Partners

CMP Capital Management-Partners is a Berlin-based private equity manager founded in 2000, one of the first German firms specialised in turnaround and…

€440MFounded 20003 fundsBerlin
BuyoutGrowth
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FLEX Capital

FLEX Capital is a Berlin-based operational private equity firm founded in 2018 by serial entrepreneurs Christoph Jost and Peter Waleczek, investing in…

€426MFounded 20182 fundsBerlin
Buyout
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Callista Private Equity

Munich-based turnaround and carve-out investor founded in 2013 that acquires majority stakes in loss-making, non-core group subsidiaries and business…

€400MFounded 20131 fundsMunich
Buyout
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DB1 Ventures

DB1 Ventures is the corporate venture capital arm of Deutsche Boerse Group, launched in July 2016 and based in Frankfurt. It invests off the Group bal…

€400MFounded 20161 fundsFrankfurt
VCGrowth
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eCAPITAL ENTREPRENEURIAL PARTNERS

eCAPITAL Entrepreneurial Partners is a Muenster-based venture capital firm founded in 1999 that funds early to growth stage deep-tech companies in sof…

€400MFounded 19996 fundsMuenster
VC
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Porsche Ventures

Porsche Ventures is the corporate venture capital arm of Porsche AG, founded in 2016 and investing off the company balance sheet under an annual frame…

€400MFounded 20161 fundsStuttgart
VCGrowth
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Vorwerk Ventures

Vorwerk Ventures is a Berlin-based early-stage venture capital firm founded in 2007 as Vorwerk Direct Selling Ventures, the corporate venture arm of t…

€400MFounded 20073 fundsBerlin
VCGrowth
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Arcadia Beteiligungen Bensel Tiefenbacher & Co. GmbH

Arcadia Beteiligungen is a Hamburg-based small-mid buyout firm founded in 2000 by Wolfgang Bensel, Christoph Tiefenbacher and Mathias Turwitt, three m…

€387MFounded 20002 fundsHamburg
Buyout
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Perusa

Perusa is a Munich-based private equity firm specialised in acquiring and developing mid-sized companies in transformation, carve-out, succession and…

€357MFounded 20072 fundsMunich
BuyoutGrowth
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Acathia Capital

Acathia Capital is a Frankfurt-based private equity firm founded in 2013 that value-invests in fully regulated European insurers, banks and financial…

€350MFounded 20132 fundsFrankfurt
BuyoutGrowth
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Bavaria Industries Group

Bavaria Industries Group AG (formerly Bavaria Industriekapital AG) is a Munich-based evergreen industrial holding founded in 2003 that acquires, restr…

€350MFounded 20031 fundsMunich
Buyout
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Boehringer Ingelheim Venture Fund

Boehringer Ingelheim Venture Fund (BIVF) is the corporate venture arm of pharma group Boehringer Ingelheim, launched in 2010 and headquartered in Inge…

€350MFounded 20101 fundsIngelheim am Rhein
VC
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Capnamic Ventures

Early-stage (pre-seed to Series A) B2B software and deep-tech venture capital firm based in Cologne and Berlin, backing tech startups from German-spea…

€350MFounded 20133 fundsCologne
VC
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BayBG Bayerische Beteiligungsgesellschaft

Bavaria largest SME equity investor (Munich, founded 1972): an evergreen off-balance-sheet Mittelstand investor providing direct minority equity (offe…

€315MFounded 19722 fundsMunich
GrowthVC
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BWK GmbH Unternehmensbeteiligungsgesellschaft

BWK is a Stuttgart-based evergreen Mittelstand investment company founded in 1990, backed by LBBW (40 percent), Wuestenrot and Wuerttembergische (35 p…

€300MFounded 19901 fundsStuttgart
GrowthBuyout
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Cusp Capital Partners

Cusp Capital Partners is an Essen-based early-stage venture capital firm founded in 2021 by the former Tengelmann Ventures team led by Christian Winte…

€300MFounded 20211 fundsEssen
VCGrowth
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ECBF Management GmbH

ECBF Management GmbH, based in Bonn, is the management company of the European Circular Bioeconomy Fund, the first venture capital fund exclusively de…

€300MFounded 20201 fundsBonn
GrowthVC
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Henkel Ventures

Henkel Ventures is the corporate venture capital arm of German consumer-goods and adhesives group Henkel AG & Co. KGaA, headquartered in Duesseldorf.…

€300MFounded 20201 fundsDuesseldorf
VCGrowth
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Novum Capital Management

Frankfurt mid-market private-equity boutique founded in 2006 by Udo von Klot-Heydenfeldt and Felix Hoelzer, focused on succession deals, carve-outs an…

€300MFounded 20063 fundsFrankfurt
Buyout
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Süd Beteiligungen (SüdBG)

Stuttgart-based mid-market private equity investor and a wholly owned subsidiary of Landesbank Baden-Wuerttemberg (LBBW), providing majority and minor…

€300MFounded 19701 fundsStuttgart
BuyoutGrowth
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WF World Fund Management

World Fund is a Berlin-based venture capital firm founded in 2021 that backs European climate-tech startups with the potential to save at least 100 me…

€300MFounded 20211 fundsBerlin
VC
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Alstin Capital

Alstin Capital is a Munich-based early-stage venture capital firm founded by German entrepreneur Carsten Maschmeyer that backs late-seed and Series A…

€283MFounded 20113 fundsMunich
VC
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Apollo Health Ventures

Apollo Health Ventures is a transatlantic early-stage venture capital firm founded in 2017 with dual offices in Berlin and Boston (plus Luxembourg) th…

€277MFounded 20172 fundsBerlin
VC
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coparion

coparion is a Cologne-based venture capital co-investment fund launched in 2016 by Germany's Federal Ministry for Economic Affairs (via the ERP Specia…

€275MFounded 20161 fundsCologne
VCGrowth
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Ananda Impact Ventures

Ananda Impact Ventures is a Munich-based impact venture capital firm founded in 2009 by Johannes Weber and Florian Erber, widely regarded as one of Eu…

€270MFounded 20093 fundsMunich
VCGrowth
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GESCO SE

GESCO SE is a listed evergreen industrial holding based in Wuppertal that acquires, holds and develops profitable German Mittelstand companies under a…

€269MFounded 19891 fundsWuppertal
Buyout
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Cavalry Ventures

Cavalry Ventures is a Berlin-based early-stage venture capital firm founded in 2016 that leads pre-seed and seed rounds in European software startups,…

€263MFounded 20163 fundsBerlin
VC
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