HQ Capital

About HQ Capital

HQ Capital is one of the longest-standing European private equity fund-of-funds with approximately $12 billion of assets under management as of December 2024 ($13.3 billion invested cumulatively since founding), headquartered in Bad Homburg, Germany with offices in Miami, New York, Singapore and Hong Kong. The firm was founded in 1989, originating from the Harald Quandt family office as an independent private equity specialist.

Investment thesis

HQ Capital deploys capital through approximately 29 private equity programmes, targeting private equity fund-of-funds spanning primary fund commitments, secondaries and co-investments, with mandatory ESG integration and impact and SDG-aligned solutions. Sector deployment is diversified across buyout, growth and mid-market and is sector-agnostic across industrials, technology, healthcare, consumer and services. Geographic deployment spans North America, Europe and Asia. The platform combines standardised programmes with tailored institutional mandates and serves as a preferred co-investment partner for small and mid-market GPs.

Recent activity

Recent realised exits include consumer and trade (2025). Recent acquisitions include the Auda Co-Investment Fund III close at $255 million hard cap (2024, targeting 35-40 companies in North America and Europe) plus a new Singapore office and Head of Asia appointment (2024-2025). The platform continues active deployment across the global fund-of-funds franchise. Detailed buyer names and multiple data available on Pro at €49/month.