German asset manager Flossbach von Storch AG has launched its fourth private equity fund of funds. The regulated, closed-end investment fund Tectum Private Equity IV is released in Luxembourg together with Universal Investment, who manages the fund as AIFM.
Tectum Private Equity IV invests in a diversified target fund portfolio with investment focus on management buyouts and expansion finance in the small and mid-cap segment. To optimise the risk-return profile, there is an admixture of target funds investing in special strategies and venture capital.
Dennis Kaiser and Oliver Hollender manages the private equity team of Flossbach von Storch. "We are convinced that the successful implementation of a small and mid-cap investment strategy only allows a limited fund volume," said Kaiser.
The investment focus of Tectum Private Equity IV is also on private equity target funds, which generate sustainable added value through active strategic and operational support to companies in the portfolio. "This includes, for example, support in the implementation of internationalisation strategies, the professionalisation of corporate governance and the accompaniment of M & A activities," added Hollender.
The investment structure of the fund is aimed at wealthy private investors and institutional investors, whose requirements were taken into account when structuring the fund vehicle.