There are three approaches to the private equity asset class: funds of funds, listed private equity companies and virtual platforms.
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Frankfurt A few days ago, the Hamburg wealth experts from Astorius Consult crossed the finish line: The youngest European fund for private equity – the technical term for company investments – had been oversubscribed with 125 million euros. In other words, there was significantly more demand from investors than was originally assumed. “We are overwhelmed by the high demand from both existing investors and new subscribers,” said Julien Zornig, Managing Partner of Astorius, commenting on the success of the Astorius Capital PE Fund VI (ACF VI) fund of funds.
With funds of funds, investors can spread the risks across several target funds. “For example, we invest around 100 million euros annually in around four to six funds. We concentrate on small funds such as Ergon Capital or Deutsche Private Equity (DPE). As a rule, the fund sizes are between 100 million and 500 million euros and in exceptional cases over a billion euros, ”says Astorius manager Thomas Weinmann, describing the strategy.
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