# Capella Vermögensverwaltungs

Capella Vermögensverwaltungs is a Single Family Office based in Hamburg, Germany.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Hamburg, Germany
- **Region:** Europe
- **Address:** Hamburg, Germany
- **Assets under management:** Undisclosed
- **Website:** capella-hamburg.de

## Regulatory record

- **Reports private funds:** No

## About

Capella Vermögensverwaltungs was established to steward the assets of the Becken family, whose wealth originates from real estate development and investment through the Becken group of companies. The office is anchored in Hamburg by managing director Dr. Nadine Becken, a member of the founding family, and co-managing director Rafael Morón Zirfas. Institutional relationships point to a portfolio built around private equity, direct co-investments and SPVs, and real estate — the asset classes confirmed by the firm's investment activity. Investment geography cited is Europe. Operational scale remains private. The footprint is a single Hamburg headquarters with no additional offices identified. Community and philanthropic ties are visible through the Becken-Stiftung, Lions-Club Blankenese, and regular participation in the Blankeneser Bürger-Verein's Neujahrsempfang, but the family office does not publish team size, deployment figures, or adjacent investment vehicles. Capella's architecture is a lean, embedded single-family office rather than a multi-client platform or institutional fund. The dual management structure — pairing a family principal with an external private-markets specialist — creates a governance model where investment origination is channeled through Zirfas's advisory network while ownership and strategic direction stay with the Becken family.

## Sectors

- Real Estate
- Private Equity

## People

- Dr. Nadine Becken — Managing Director
- Rafael Morón Zirfas — Co-Managing Director

## Questions

### Who runs investment decisions at Capella Vermögensverwaltungs?

Dr. Nadine Becken and Rafael Morón Zirfas serve as managing directors. They oversee asset allocation and risk management for the Becken family.

### Does Capella Vermögensverwaltungs participate in fund commitments or only direct deals?

The firm uses direct co-investments, SPVs, and private equity. No external fund commitments are disclosed.

### Which sectors does Capella Vermögensverwaltungs focus on?

Confirmed focuses include real estate and private equity within Europe.

### How is Capella Vermögensverwaltungs related to the Becken family?

Capella Vermögensverwaltungs GmbH operates as the dedicated single-family office for the Becken entrepreneurial family.

## Related profiles

- [Capelan](https://altss.com/profile/capelan)
- [Capital Asia Investments](https://altss.com/profile/capital-asia-investments)

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Last updated: 2026-08-11T02:43:31.692Z

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