Multi-Family Office

Updated:

BREHMER & CIE.

BREHMER & CIE. is a Frankfurt-based multi-family office and BaFin-regulated securities institution built by Thomas Brehmer in 2009.

BREHMER & CIE.

Founder Thomas Brehmer launched the firm in 2009, anchoring it in Frankfurt am Main as an owner-operated multi-family office with an explicit bank-independent mandate. The firm targets entrepreneur families navigating multi-generational wealth transfer, taking on a centralized coordination role across banks, tax advisors, property managers, and legal counsel. Unlike most peers, Brehmer & Cie. holds a license under § 15 WpIG, making it one of roughly 450 supervised securities institutions in Germany versus an estimated 10,000 unlicensed family offices. The investment model rests on an open-architecture Multi-Manager Strategy that allocates liquid mandates to up to 20 independent, best-of-class asset managers — each retaining full discretion over single-stock selection, sector weightings, and country allocation. For direct exposure, the firm executes co-investments and SPV-level private equity buyouts with a known geographic focus on Europe and a sector tilt toward healthcare services and biotech. The website confirms explicit exclusion of closed-end funds and commission-based products, and the firm maintains direct real estate holdings, including mixed-use assets in Frankfurt, plus gold exposure as a portfolio stabilizer. Brehmer & Cie. sets a €60 million total-asset threshold for full family-office engagement; liquid discretionary mandates start at €3 million, with special mandates — covering enhanced reporting, structuring, and multi-advisor coordination — available from €15 million. The leadership team includes Senior Partner Dr. Conrad V. Sydow and Partners Elmar J. Bohr and Klaus Deng, the latter joining the partnership in 2017. Albert Höflich leads portfolio management, while Thomas Brehmer himself is named across Handelsblatt, Elite Report, and Bavarian state-level award programs. Staff members have earned Sustainable Finance Expert certification through the European Business School. The structural differentiator is the dual regulatory and advisory identity: a family office that is simultaneously a BaFin- and Bundesbank-supervised securities firm. This configuration imposes a compliance cost but provides client families a legal clarity that the vast majority of German multi-family offices lack — a posture that trades accessibility for regulatory defensibility and fits families who prize oversight, transparency, and multi-generational governance over speed.

General information

Firm type

Multi Family Office

Year founded

2009

AUM

Undisclosed

Location

Region

Europe

Country

Germany

City

Frankfurt am Main

Corporate office

Frankfurt am Main, Germany

Principals

Thomas Brehmer

Founder and Managing Partner

Dr. Conrad V. Sydow

Senior Partner

Elmar J. Bohr

Partner

Klaus Deng

Partner

Albert Höflich

Portfolio Management

Sector focus

Healthcare ServicesBiotechReal Estate

Frequently asked questions

How does BREHMER & CIE. source and execute liquid investment mandates?

The firm uses an open-architecture Multi-Manager Strategy, dividing liquid mandates among up to 20 independent asset managers. Each manager operates with full discretion over single-stock selection, sector, and country weightings. The explicit goal is to eliminate single-manager concentration risk, and Brehmer & Cie. reports screening a global universe of over 100,000 asset managers to construct the manager roster.

Is BREHMER & CIE. structured purely as a family office, or does it have a regulatory license?

It holds both identities. The firm is a multi-family office and simultaneously a Wertpapierinstitut under § 15 WpIG, supervised by the Deutsche Bundesbank and BaFin. This distinguishes it from the majority of German family offices, which operate without a securities-institution license.

What types of direct investments does BREHMER & CIE. make?

The firm executes direct co-investments and private equity buyouts via SPVs, with a known focus on European opportunities in healthcare services and biotech. It also holds direct real estate — specifically mixed-use properties in the Frankfurt area — and maintains gold exposure as a portfolio diversifier.

What is the minimum asset threshold to become a full family-office client?

The firm sets a €60 million threshold for total assets under advisement, including illiquid holdings. For liquid discretionary mandates alone, the floor is €3 million; special mandates with enhanced reporting and multi-advisor coordination start at €15 million.

Who runs investment decisions and day-to-day operations at BREHMER & CIE.?

Founder Thomas Brehmer serves as Managing Partner. The senior leadership group includes Senior Partner Dr. Conrad V. Sydow and Partners Elmar J. Bohr and Klaus Deng — Deng joined the partnership in 2017. Albert Höflich oversees portfolio management, and the team collectively operates from Frankfurt.

What products or structures does BREHMER & CIE. explicitly avoid?

The firm contractually excludes closed-end funds, unregulated financial products, and all commission-based or kick-back compensation arrangements. This exclusion is a centerpiece of the firm’s Investment Philosophy and is presented as a structural safeguard against advisor conflicts.

Does BREHMER & CIE. operate any adjacent vehicles or networks?

The firm operates BREHMER & CIE. ANALYTICS, a separate analytics entity also based in Frankfurt, and team members are credentialed as Sustainable Finance Experts through the European Business School. The firm is a regular recipient of recognition from the Elite Report of wealth managers.

Profile maintained by 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.

Need institutional-grade insight on family offices?

Altss delivers:

Principals with verified direct contactsAllocation history by asset classOSINT-derived deal signals
Book a demo

Prefer a guided tour?

We’ll walk you through:

Interactive funding timelinesCustom mandate & allocation filters
Book a demo