German-based Private Equity Firms

by Nicholas Jelfs

  • 09 Dec 2010
  • PE

Preqin’s Fund Manager Profiles product currently shows 154 private equity firms located in Germany. These firms have collectively raised over EUR 20.0 billion in the last 10 years, according to Preqin’s extensive research, with an estimated EUR 6.6 billion of dry powder still to be invested.

Triton, the Frankfurt-based buyout firm, has the largest total fundraising of these private equity firms, having raised over EUR 3.9 billion across the 10 year period. The company makes majority interest investments across German- and Nordic-speaking countries in Europe, with a diversified industry focus. Its latest fund, the Triton Fund III closed early this year above the initial target of EUR 1.90 billion on EUR 2.25 billion.

Another significant GP operating in Germany is the Munich-based TVM Capital. The firm is a large venture capital firm, having raised almost EUR 1.1 billion over the past 10 years. It has a strong technology focus, targeting innovative firms primarily located in Europe and the US that operate across a range of technology sectors. It is currently raising a USD 100 million fund that branches out their geographic focus to target investments in the MENA region.

With respect to investment preference, Preqin’s research demonstrates that a little over 30% of the private equity firms operating in Germany have a main investment focus of buyouts. A larger proportion, approximately 45%, are primarily associated with general venture capital investments, with the remainder making alternative private equity investments such as mezzanine and special situations. Turning to geographical focus, almost 80% of private equity firms in Germany focus almost all their investments in Europe, with the remainder targeting mostly North America, and a proportion in Asia and ROW.

Preqin’s Fund Manager Profiles product is the most extensive, detailed source of information on private equity fund managers in the world. Preqin’s comprehensive product not only contains detailed profiles of over 5,300 private equity firms around the world, but also current and historic private equity dry powder levels across the globe by region and fund type.

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