Lennertz & Co. is an owner-managed family office with a clear focus on the further development and value growth of its clients’ assets.

 

To this end, our team of more than 30 employees conducts a detailed and ongoing review of the entire family situation, taking into account the legal and tax-related framework conditions.

 

Our investment recommendations are fully aligned with the clients’ personal preferences. Given our complete independence, the clients are able to fully benefit from our unbiased assessment of global investment opportunities, their selection and their discreet implementation.

 

As an entrepreneurial family office, we appreciate our clients’ need for quick, profound and safe decisions. Lennertz & Co. has a number of licenses from the German Federal Financial Supervisory Authority (BaFin, Bundesanstalt für Finanzdienstleistungsaufsicht) and is therefore subject to numerous quality and regulatory requirements of both BaFin and the Deutsche Bundesbank.

Family Office

  • Independent overall consideration of the clients’ family, business and financial situation, taking into account the legal and tax-related framework conditions
  • Advice on the strategic (long-term) and tactical (short-term) asset structuring in line with the clients’ preferences
  • Definition of a target structure of the total assets and appropriate implementation measures
  • Definition and discreet implementation of investment opportunities in line with the short-term and long-term target structure of the total assets
  • Independent assessment of investment opportunities based on our experience, external professional resources and expert opinions
  • Selection and coordination of custodian banks, asset managers and advisers based on the defined target structure of the total assets
  • Identification and implementation of direct and indirect investments in both US and European venture capital and growth funds, direct and fund investments in German and European Small- and Mid-cap companies as well as pre-IPO investments
  • Access to exclusive agriculture and forestry investments, infrastructure investments, and movable and property investments
  • Succession planning taking into account tax-related framework conditions
  • Introduction to asset successors
  • Creation of a family governance structure
  • Advice on and establishment of foundations, particularly charitable or family foundations
  • Execution of wills
Asset
Structuring
  • Independent overall consideration of the clients’ family, business and financial situation, taking into account the legal and tax-related framework conditions
  • Advice on the strategic (long-term) and tactical (short-term) asset structuring in line with the clients’ preferences
  • Definition of a target structure of the total assets and appropriate implementation measures
Asset Development
and Growth
  • Definition and discreet implementation of investment opportunities in line with the short-term and long-term target structure of the total assets
  • Independent assessment of investment opportunities based on our experience, external professional resources and expert opinions
  • Selection and coordination of custodian banks, asset managers and advisers based on the defined target structure of the total assets
  • Identification and implementation of direct and indirect investments in both US and European venture capital and growth funds, direct and fund investments in German and European Small- and Mid-cap companies as well as pre-IPO investments
  • Access to exclusive agriculture and forestry investments, infrastructure investments, and movable and property investments
Asset Transition
  • Succession planning taking into account tax-related framework conditions
  • Introduction to asset successors
  • Creation of a family governance structure
  • Advice on and establishment of foundations, particularly charitable or family foundations
  • Execution of wills

Entrepreneurial Investing

Since the foundation of Lennertz & Co., entrepreneurial investing has been at the heart of our investment philosophy, and the selection of the best investment opportunities in the field of private equity and venture capital (PE/VC) has been one of our focal points. Over the years, this has given rise to our own alternative investment platform, today's Lennertz & Co. Capital GmbH. In addition to a broad range of investment opportunities of the private markets, its offering also includes advice on corresponding PE/VC portfolios, managed accounts, and advanced reporting.

 

Access to the top addresses in the private equity and venture capital industry in Europe and especially in the U.S. is crucial. Our exclusive access is due to years of cultivating relationships as well as the acquisition of BPE Fund Investors in 2020, which has been investing in top VC funds in the U.S. since 2002. We also have our own team for the administration of PE/VC investments, which enables us to provide the highest degree of service around capital investment in PE/VC funds and direct investments.

 

Overall, the platform includes investment opportunities in Private Equity (Europe and the US), Venture Capital (Europe and the US), Blockchain Venture (global), Impact Investing (global) and Real Estate (DACH region). We make the aforementioned investment areas accessible in various ways – as funds of funds, via SPVs (individual funds) and direct investments.

 

To provide these services, Lennertz & Co. Capital GmbH is structured as a capital management company according to § XYZ and, as such, is subject to numerous qualitative and quantitative requirements of both BaFin and Deutsche Bundesbank.

 

To provide these services, Lennertz & Co. Capital GmbH is licensed as a capital management company pursuant to Section 20 (1) in conjunction with Section 22 of the German Investment Code (“Kapitalanlagegesetzbuch”) and as such is subject to numerous qualitative and quantitative requirements of both BaFin and the Deutsche Bundesbank.

Press

Lennertz & Co.
(02/2024)

Lennertz & Co. bolsters alternative investment platform with Chief Commercial Officer

The owner-managed multi-family office Lennertz & Co. is strengthening its alternative investment platform with Neil Steinberg, a proven expert for Ultra-High Net Worth Individuals (UHNWI), Single Family Offices, and Corporates in the DACH region (Germany, Austria, Switzerland).

Steinburg gained extensive know-how and network from his 15-year stint at NetJets as Regional Sales Director for the DACH region. NetJets is known for its diverse private jet solutions for entrepreneurs and corporates and is part of the illustrious Warren Buffet-led investment firm, Berkshire Hathaway.

On Neil’s hire, Philipp Lennertz, Managing Partner of Lennertz & Co. said: "With Neil Steinberg, we gain an outstanding personality who, like us, has worked daily with entrepreneurs and other wealthy individuals over nearly two decades and deeply understands their specific needs for flexibility, security, and exceptional service quality.”

For Lennertz & Co. and its clients, entrepreneurial investing has always been at the forefront, reflected both in the investment philosophy and specifically in private equity and venture capital investments (PE/VC). Over time, this has developed into an alternative investment platform that offers unique access to leading PE/VC fund managers across Europe and the United States.

The platform continues to build momentum as engagement from single-family offices, foundations, pension funds, and institutional investors continues to grow. To facilitate this demand, Neil’s appointment will assist in continuing “to optimally serve this growing interest and further advance the development of our alternative investment platform, he [Neil] is the ideal appointment” emphasizes Philipp Lennertz.

In addition to his role at NetJets, Neil Steinberg also spent five years as Director of Media Planning at Mindshare, the world's second-largest media agency, formed via a joint venture between JWT and Ogilvy & Mather. He was also the Vice President of Business Strategy at AOL Time Warner for over four years.

 

About Lennertz & Co.

As an entrepreneurial, owner-managed family office, Lennertz & Co. is fully focused on the success of its clients’ investments. Our investment recommendations are in line with the personal preferences of clients, who benefit from the independence of Lennertz & Co. and the exclusive nature of its investment opportunities.

Lennertz & Co. also has a large number of permits from the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin) and thus fulfills the numerous qualitative and quantitative requirements of both the BaFin and the German Federal Bank (Bundesbank).

Lennertz & Co. shares the demand of its clients for fast, well-founded, and confident decision-making. On behalf of clients, the expert team at Lennertz & Co. – which can point to decades of experience – carefully reviews opportunities as they emerge in the segments of venture and growth capital, private equity, and blockchain. Moreover, the company’s advisory board is staffed by reputable specialists in the fields of industry, venture capital and private equity, including Prof. Dr. Heinrich von Pierer, Prof. Dr. Klaus Wucherer, Stefan Theis, Daniel Thung, Daniel Milleg, and Florian Heinemann.

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manager magazin
(02/2024)

„Learning from the Pros“

Mark Böschen, editor of Manager Magazin, has analyzed the Single Family Offices of the 50 wealthiest corporate dynasties in Germany in the current print issue (Issue 02/2024). What trends are emerging, and what professional setup are the Single Family Offices adopting? For this purpose, Böschen spoke with Philipp Lennertz, the founder of Lennertz & Co., and Stefan Kamm, Senior Advisor, about the professionalization of the asset units, their increased costs, and entrepreneurial investing as the key factor for success.

You can find the entire article via the following links (PDF or on the subscription-based mm-website).

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Lennertz & Co. GmbH
Düsternstraße 10
20355 Hamburg
Germany

Imprint

Information according to § 5 TMG:

Lennertz & Co. GmbH
Düsternstraße 10
20355 Hamburg
Germany

Represented by:

Philipp Lennertz

Contact:

Tel: +49 40 210 91 33-20
Fax: +49 40 210 91 33-21
Email: info@lennertz.com

For Lennertz & Co. GmbH (Family Office):

Register entry:

Office: Hamburg
Register number: HRB 176714

VAT ID:

VAT Identification Number in accordance with §27a Value Added Tax Act:
DE 255 807 053

Supervisory authority:

Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht)
Marie-Curie-Str. 24-28
60439 Frankfurt
Germany

For Lennertz & Co. Capital GmbH (Alternative Investment Platform):

Register entry:

Office: Hamburg
Register number: HRB 137568

VAT ID:

VAT Identification Number in accordance with §27a Value Added Tax Act:
DE 255 807 053

Supervisory authority:

Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht)
Marie-Curie-Str. 24-28
60439 Frankfurt
Germany

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Arbitration Board of the Federal Financial Supervisory Authority (BaFin, Bundesanstalt für Finanzdienstleistungsaufsicht)
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Conflict of Interest-Policy:

Top 5 Reporting gemäß MiFID II

Sustainability Disclosure

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