The family office organisation has built an in-house platform for alternative investments.

Owner-managed family office Lennertz & Co,
headquartered in Hamburg (pictured), has been granted a
licence to operate as a capital management company by German
regulators.

The licence has been issued by the German Federal Financial
Supervisory Authority, aka BaFin. In future, Lennertz & Co
Capital GmbH will combine its business operations with
alternative investments. 

“With the full licence, we are doing justice to the development
of our in-house alternative investment platform and paving the
way for further strategic growth,” founder and managing partner
Philipp Lennertz said. 

“We remain true to our core business of providing our family
office clients and other single-family offices, foundations and
pension funds with access to the best fund managers in private
equity, venture capital and blockchain venture in Europe and the
USA.” 

Private equity and venture capital are important parts of the
group’s business. Lennertz & Co Capital GmbH is its alternative
investments platform. It bought BPE Fund Investors in
2020. Lennertz & Co Capital GmbH is structured as a
capital management company, operating under regulatory
licences.

Appointment

The organisation has appointed Christian Piper to the management
board of Lennertz & Co Capital GmbH. Its supervisory board also
consists of Prof Dr Klaus Trützschler (chairman); Prof Dr Klaus
Wucherer (former board member at Siemens, SB Infineon, and SAP)
and Prof Dr Heinrich von Pierer (former CEO Siemens, SB Deutsche
Bank and Berenberg Bank).

Piper, who joined Lennertz & Co in November 2023, will be
responsible for risk management and all regulatory matters
relating to the platform in his future role.