Asset ManagerRIA · CRD 289209SEC-RegisteredPrivate Fund Adviser

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AFINUM MANAGEMENT GMBH

AFINUM Management GmbH is a German private equity firm investing in Mittelstand companies in Germany, Austria, and Switzerland.

AFINUM MANAGEMENT GMBH logo

AFINUM MANAGEMENT GMBH

AFINUM MANAGEMENT GMBH is a Munich-based investment adviser registered with the SEC since 2017.

Website
afinum.com

General information

Firm type

Asset Manager

Year founded

AUM

Undisclosed

Location

Region

Europe

Country

Germany

City

Corporate office

Munich, Germany

Sector focus

Private EquityMittelstandIndustrial TechnologyBusiness Services

Frequently asked questions

Who runs investment decisions at AFINUM?

AFINUM's investment decisions are made by its management team of four partners, per the firm's website. Their names are not publicly disclosed.

How does AFINUM source proprietary deal flow?

AFINUM sources deal flow through direct relationships with family-owned businesses in the German Mittelstand, as well as corporate carve-outs. The firm does not rely on auction processes.

What investment stages does AFINUM typically target?

AFINUM targets majority buyouts of established Mittelstand companies with enterprise values of €10 to €50 million. The firm does not invest in startups or venture capital.

Which sectors does AFINUM explicitly avoid?

AFINUM avoids real estate, financial services, and early-stage technology. Its focus is on industrial and business-service companies.

What is the relationship between AFINUM and its portfolio companies?

AFINUM takes a hands-on approach to portfolio management, providing operational support in internationalization, digitization, and add-on acquisitions. The firm typically holds investments for five to seven years.

Is AFINUM related to any larger financial institution?

AFINUM is an independent private equity firm not directly owned or controlled by any bank or insurance company. Its founders came from Allianz Private Equity, but the firm operates independently.

Where does the underlying wealth come from?

AFINUM manages capital from institutional investors including pension funds and insurance companies. The underlying wealth is third-party institutional capital, not family wealth.

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