What investment strategy does PATRIZIA SE focus on?

PATRIZIA SE focuses on Real Estate, Growth strategies in the private equity space.

How many portfolio companies does PATRIZIA SE have?

PATRIZIA SE has 20 active portfolio companies and 1 completed exit and 5 funds tracked on GP Intel.

Where is PATRIZIA SE headquartered?

PATRIZIA SE is headquartered in Augsburg, Germany.

What is PATRIZIA SE's assets under management?

PATRIZIA SE manages approximately €55.9B in assets under management.

When was PATRIZIA SE founded?

PATRIZIA SE was founded in 1984.

What sectors does PATRIZIA SE invest in?

PATRIZIA SE invests across Real Estate, Energy, TMT, Business Services.

What are PATRIZIA SE's recent exits?

Recent realized exits by PATRIZIA SE include: Connexin (2025) to CityFibre.

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PATRIZIA SE

Augsburg, Germany·Founded 1984·

Real Estate Growth Equity

·patrizia.ag

PATRIZIA SE is a listed Augsburg-headquartered global real-assets manager whose infrastructure equity arm (built on the 2022 acquisition of Whitehelm Capital) directly originates, acquires and manages unlisted core and mid-market infrastructure assets across transport, digital, energy transition and social infrastructure for institutional investors.

AUM

€55.9B

Funds

vintages 1998–2022

Portfolio

Exits

PATRIZIA SE is an Augsburg real estate firm with €55.9B AUM, 20 active companies and 1 exit.

SectorsReal Estate Energy TMT Business Services

Key takeaways

·Top sector focus: Energy (57% of portfolio).
·Fund cadence: ~6Y between vintages · last raise 2022.

Sector breakdown

21 companies

Energy

12 · 57%

Business Services

4 · 19%

Telecom

2 · 10%

ClimateTech

1 · 5%

Mobility

1 · 5%

Logistics

1 · 5%

Geography breakdown

8 geographies

Australia

7 · 33%

Italy

5 · 24%

Norway

2 · 10%

Philippines

2 · 10%

Singapore

2 · 10%

Germany

1 · 5%

Spain

1 · 5%

Key facts

HQAugsburg, Germany

Founded1984

Employees800+

Websitepatrizia.ag

Recent exits

PATRIZIA SE sold Connexin to CityFibre in 2025 after 5 years.

Partners

Graham MatthewsCEO Infrastructure

Coverage notes

5 funds tracked, 21 portfolio companies (20 active · 1 realized). Verified weekly from public filings and deal announcements.

Investment team

Senior partners. Hand-checked from public filings and the firm's own site.

Graham Matthews

CEO Infrastructure

Funds & portfolio

Every fund PATRIZIA SE has raised, with its portfolio companies. Hand-checked from public filings.

5 funds

Fund

Strategy

Vintage

Size

Assets

Exits

PATRIZIA European Infrastructure Fund III

Infrastructure2022€1.5B3 assets

Infrastructure

2022 · 4yr

€1.5B

–

Unrealized

3 held

Company	Entry
Greenthesis Energy · Italy	2024
Lunera Energi Energy · Norway	2025
Numbat Energy · Germany	2023

PATRIZIA MBK APAC Sustainable Infrastructure Fund

Infrastructure2022€102M4 assets

Infrastructure

2022 · 4yr

€102M

–

Unrealized

4 held

Company	Entry
Buskowitz Energy ClimateTech · Philippines	2024
Kaer Energy · Singapore	2025
Parkwise Mobility · Philippines	2025
YES Group Energy · Australia	2023

PATRIZIA European Infrastructure Fund II

Infrastructure2018€580M3 assets1 exits

Infrastructure

2018 · 8yr

€580M

Unrealized

3 held

Company	Entry
Biomet Energy · Italy	2022
Kvitebjorn Varme Energy · Norway	2018
Localcom (Wifi Sancti Petri / Airwifi) Telecom · Spain	2023

Realized

1 exit

Company	Entry	Exit	Type	Buyer	MOIC
Connexin Telecom · UK	2020	2025	Trade Sale	CityFibre	–

Smart City Infrastructure Fund

Infrastructure2018€250M4 assets

Infrastructure

2018 · 8yr

€250M

–

Unrealized

4 held

Company	Entry
Atlantico Energy · Italy	2024
Ottima Energy · Italy	2022
Selettra Energy · Italy	2022
Social Infrastructure Singapore Business Services · Singapore	2019

Whitehelm Core Infrastructure (managed mandates)Active

Evergreen1998€3.2B6 assets

Evergreen

1998 · 28yr

€3.2B

–

Unrealized

6 held

Company	Entry
Active Utilities Energy · Australia	2023
Brisbane Airport Business Services · Australia	2000
Flinders Ports (South Australia Sea Ports) Logistics · Australia	2001
International Parking Group Business Services · Australia	2003
Oaklands Hill Windfarm Energy · Australia	2011
Peninsula Link Business Services · Australia	2010

Frequently asked questions

What investment strategy does PATRIZIA SE focus on?: PATRIZIA SE focuses on Real Estate, Growth strategies in the private equity space.
How many portfolio companies does PATRIZIA SE have?: PATRIZIA SE has 20 active portfolio companies and 1 completed exit and 5 funds tracked on GP Intel.
Where is PATRIZIA SE headquartered?: PATRIZIA SE is headquartered in Augsburg, Germany.
What is PATRIZIA SE's assets under management?: PATRIZIA SE manages approximately €55.9B in assets under management.
When was PATRIZIA SE founded?: PATRIZIA SE was founded in 1984.
What sectors does PATRIZIA SE invest in?: PATRIZIA SE invests across Real Estate, Energy, TMT, Business Services.
What are PATRIZIA SE's recent exits?: Recent realized exits by PATRIZIA SE include: Connexin (2025) to CityFibre.