Investment Focus

Selective. Awake. Long-term.

We invest across six areas — from established stakes to early-stage bets on founders. What ties them together: substance, a clear thesis, a long breath.

01

Corporate Investments

Strategic investments in established mid-sized companies with a clear market position, sound balance sheet and identifiable value potential.

Criteria
  • Established business model
  • Sustainable earnings power
  • Clear strategic perspective
  • Trustful ownership and leadership situation

02

Venture & Early-Stage

We invest early in founders building with substance — from Pre-Seed to Early Growth, off our own balance sheet, with follow-on capital ready.

Criteria
  • Clear thesis and credible team
  • Scalable or substantial business model
  • Realistic capital efficiency
  • Operator sparring welcome

03

Digital Business Models

Scalable digital companies with defensive market positions, high customer retention and disciplined capital allocation.

Criteria
  • Resilient business model
  • Recurring revenue structures
  • Operating profitability or a clear path toward it
  • Strong entrepreneurial leadership

04

Real Estate & Asset-based Investments

Substance assets with long-term value potential, stable cash flows and high location quality.

Criteria
  • Sound underlying substance
  • Long-term lettability
  • Disciplined capital structure
  • Clear asset management

05

Strategic Special Situations

Selective engagements in complex transition situations — succession, restructuring, carve-outs — where entrepreneurial clarity and a long-term perspective make the difference.

Criteria
  • Identifiable value drivers
  • Operationally viable core
  • Constructive environment
  • Realistic development plan

06

Long-term Value Development

Across all areas we pursue the development of substance structures over cycles — through patience, discipline and entrepreneurial stewardship.

Criteria
  • Long-term investment horizon
  • Strategic consistency
  • Active stewardship where useful
  • Responsible allocation
Our criteria

Four constant touchstones.

  • QualitySubstance, viability and reliability of the business model.
  • Strategic fitConsistency with our long-term understanding.
  • Long-term valueDiscernible potential for sustainable development.
  • Disciplined decisionValuation, structure and risk in clear proportion.

Building something that fits? Pitch us.