Allington Investors

Day-to-day portfolio management sits with Marian Henn (Leiter Investment Management) and Conrad Lauterbach (Vorstand, Fonds- und Portfoliomanagement). Riklef von Schüssler sets strategic direction and oversees private participations, while the supervisory board — chaired by Prof. Dr. Claus Freiherr von Campenhausen — provides governance and restructuring expertise. The firm operates as a partnership and does not delegate investment authority to an external third party.

Allington operates as an independent asset manager serving multiple families, making it a multi-family office in function. Its founding mandate in 2017 was to free the team from the constraints of a large corporate structure and offer personalised, fee-only wealth advisory to more than one principal family. The firm does not manage a single-family balance sheet.

Allington blends both. For public markets, it uses ETFs and specialist active-manager funds. On the private side, the firm accesses direct co-investments, club deals, and distressed / NPL portfolios — primarily in Germany and across Europe — through the partners’ own networks rather than blind-pool fund commitments.

The firm’s model is built on club deals and direct participations sourced through its partners’ relationships. Co-investment alongside external managers is a practical expression of that model, particularly in the distressed-asset and NPL segments where supervisory-board expertise provides an underwriting edge. Allington does not disclose the names of co-investing GPs.

Allington does not publish a formal exclusion list. The website positioning emphasises an opportunistic, entrepreneurially-minded approach — taking investment chances as they arise, irrespective of whether they are popular trends or fallen angels. No negative sector screening is disclosed in available sources.

The firm’s principals co-founded and sit on the board of groundr e.V., a professional network. This association operates outside the commercial entity and is not a grant-making foundation. No other philanthropic vehicles are disclosed, nor is there evidence of commingled charitable and investment activities.

Deal flow originates from the collective 20-plus-year networks of the senior partners, built primarily during their tenures at Feri Family Office and related German private-banking circles. The supervisory board adds further lines of sight, especially into distressed and NPL opportunities via Prof. Dr. Claus Freiherr von Campenhausen’s restructuring background and Jens Klemann’s Strateco advisory platform.