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4 Friends Investment
4 Friends Investment GmbH was founded by Stefan Zimmermann and Matthias Schmitz, two former ACREST Property Group executives who brought operational real...
4 Friends Investment
4 Friends Investment GmbH was founded by Stefan Zimmermann and Matthias Schmitz, two former ACREST Property Group executives who brought operational real estate experience into the multi-family office structure. The firm operates out of Frankfurt am Main, managing capital for a group of families and associated investors with a mandate centered on long-term value creation. Christoph Wöstefeld serves as CEO, while Friedrich Lammers leads transaction execution. The portfolio spans direct real estate holdings, private equity, distressed and turnaround situations, and a dedicated crypto investment vehicle called TRUBICON. Real estate exposure includes the 4FI Berlin Mitte mixed-use development, the 4FI Berlin Properties residential portfolio, the 4FI European Properties commercial portfolio, the 4FI Poland Portfolio of mixed-use assets, and the FDB GmbH Property Portfolio in Germany. On the operating side, the firm owns TRU Fitness, a German fitness chain that anchors the Sports & Wellness sector allocation. The private equity book includes direct co-investments and SPVs across Europe. 4 Friends Investment maintains an active membership in the GRI Club, a professional network focused on real estate and infrastructure, which provides a sourcing channel for off-market European property transactions. The firm also operates the TRUBICON Crypto Investment vehicle, signaling a willingness to allocate into digital assets alongside traditional real assets. The Poland portfolio and pan-European commercial holdings indicate a geographic footprint that extends well beyond the German domestic market. What distinguishes 4 Friends Investment structurally is the combination of an operating business — TRU Fitness — held alongside a discretionary multi-asset portfolio within a single multi-family office vehicle. Most German multi-family offices remain strictly allocative; 4 Friends Investment blurs the line between asset manager and holding company, running a fitness chain as a controlled subsidiary while simultaneously managing direct real estate, private equity co-investments, and a crypto fund on behalf of its families.
General information
Firm type
Multi Family Office
Year founded
—
AUM
Undisclosed
Location
Region
Europe
Country
Germany
City
Frankfurt am Main
Corporate office
Frankfurt am Main, Germany
Principals
Stefan Zimmermann
Managing Partner and Co-Founder
Matthias Schmitz
Managing Partner and Co-Founder
Christoph Wöstefeld
CEO
Friedrich Lammers
Transaction Manager
Sector focus
Frequently asked questions
Who runs investment decisions at 4 Friends Investment?
The firm is led by founders Stefan Zimmermann and Matthias Schmitz, both Managing Partners and former executives at ACREST Property Group. Christoph Wöstefeld serves as CEO and handles day-to-day operations, while Friedrich Lammers acts as Transaction Manager executing deals. Investment decisions appear to be made at the partner level, reflecting the concentrated governance typical of a multi-family office serving a limited number of families.
Is 4 Friends Investment a single-family office or a multi-family office?
4 Friends Investment is structured as a multi-family office, managing capital on behalf of multiple families and associated investors rather than a single source of wealth. The firm's name — 4 Friends Investment — suggests a partnership among a small, tight-knit group of principals and families, though the exact number of families served is not publicly disclosed.
What asset classes does 4 Friends Investment allocate to?
The firm allocates across direct real estate (residential, commercial, and mixed-use), private equity including direct co-investments and SPVs, distressed and turnaround situations, and digital assets through its TRUBICON Crypto Investment vehicle. It also operates TRU Fitness, a German fitness chain, which sits as a controlled operating business within the portfolio rather than a passive investment.
Where does 4 Friends Investment own real estate?
The firm holds property portfolios in Berlin (both residential and mixed-use), a pan-European commercial portfolio, a mixed-use portfolio in Poland, and the FDB GmbH Property Portfolio in Germany. This geographic spread indicates a focus on German-speaking Europe with selective expansion into Central and Eastern European markets.
Does 4 Friends Investment manage outside capital beyond its founding families?
As a multi-family office, 4 Friends Investment manages capital on behalf of multiple families and associated investors, not just its founding principals. The firm's emphasis on partnership and alignment of interests, as well as its GRI Club membership, suggests it may selectively co-invest alongside other family offices and professional investors on specific real estate transactions.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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