# Berenberg Private Capital

Berenberg Private Capital is an Asset Manager based in Hamburg, Germany.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Hamburg, Germany
- **Region:** Europe
- **Address:** Hamburg, Germany
- **Founded:** 2017
- **Assets under management:** <$500M (Altss estimate)
- **Website:** berenberg.de
- **LinkedIn:** https://www.linkedin.com/company/berenberg-bank

## Regulatory record

- **Reports private funds:** No

## About

Berenberg Private Capital is a private equity fund of funds manager based in Hamburg, Germany. It manages approximately $18.5 billion in assets across 34 funds, primarily focused on European investments.

## Sectors

- Enterprise Software
- Industrial Tech
- Digital Health

## Offices

- Frankfurt, Germany
- London, United Kingdom
- New York, NY, United States

## People

- Kai Oldenburg — Head of Private Capital
- Hendrik Borggreve — Member of the Management Board, Investment Banking

## Questions

### How is Berenberg Private Capital related to Berenberg Bank?

Berenberg Private Capital operates as the dedicated growth-equity and venture co-investment unit inside Joh. Berenberg, Gossler & Co. KG, the Hamburg-based bank. The unit sits within the Investment Banking division and deploys the parent bank's balance sheet rather than raising external limited-partner funds (per Berenberg, 2017).

### Does Berenberg Private Capital raise external funds or invest the bank’s balance sheet?

The unit invests the bank's own permanent capital, not third-party commitments. This balance-sheet structure eliminates standard fund-life constraints, allowing Berenberg Private Capital to hold positions on a multi-generational timeline aligned with the partner-owned bank's horizon.

### How does Berenberg Private Capital source its investment opportunities?

Deal flow originates through a cultivated network of venture and growth equity general partners, not through a proprietary origination team seeking direct company relationships. This network-based co-investment model uses Berenberg's brand and balance-sheet permanence to access allocations in competitive rounds.

### Who makes investment decisions at Berenberg Private Capital?

Kai Oldenburg, as Head of Private Capital, leads the investment team and is the primary decision-maker on allocations. He operates under the broader oversight of the Investment Banking management board member, Hendrik Borggreve, and ultimately reports into the bank's partner governance structure (per Berenberg, 2024).

## Related profiles

- [Belvedere Capital Partners](https://altss.com/profile/belvedere-capital-partners)
- [Harvey Berry Cash](https://altss.com/profile/harvey-berry-cash)

---

Updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/berenberg-private-capital

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology