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E.R. Capital Holding
Erck Rickmers' fifth-generation Hamburg family office rotates shipping wealth into real estate, energy transition and direct venture stakes.
E.R. Capital Holding
E.R. Capital Holding was established in Hamburg in 1992 to steward the wealth accumulated over five generations of the Rickmers family's shipping empire. Founder Erck Rickmers, a former Hamburg State Parliament member, anchors the office within a lineage that includes his brother Bertram Rickmers, who headed the separate Rickmers Group. The family's patronage extends to an art collection and the Humanities and Social Change International Foundation. The office deploys capital across real estate, energy transition assets, maritime holdings and a direct venture portfolio — a spread that maps the infrastructure of global commerce. Confirmed real estate holdings include Hindenburghaus and the Warburg Ensemble in Hamburg, as well as Frankfurt's RAW Stephensonstraße site. On the startup side, E.R. Capital holds interests in healthcare services, industrial tech and climate tech, with a stage focus from Seed through Series A. The portfolio spans European companies, and the firm uses direct co-investments, SPVs and private equity vehicles rather than operating as a fund-of-funds. Friedrich Lass-Hennemann serves as CEO, overseeing a management team that includes Managing Directors Jacob Isenberg, Jochen Klösges and Martin Görge. Former CEO Nicholas Teller now chairs the Advisory Board and has served on the board of the American Chamber of Commerce in Germany. The office operates exclusively from Hamburg, with no additional locations disclosed. A notable recent operational signal is the visible consolidation of family roots: the Rickmers Family Art Collection remains a named holding, and Erck Rickmers' wife Cristina Sartori edits GG Magazine, a luxury publication. Structurally, E.R. Capital differs from a pure investment office by running Nordcapital, an asset-management platform that opens certain deals to external capital while the family retains active-ownership control. This hybrid model lets the family align its own balance sheet with institutional co-investors — extracting shipping-derived alpha and redeploying it across tangible assets and venture-stage companies that The New Institute, a Hamburg-based foundation Erck Rickmers supports, might study but the family office funds directly.
General information
Firm type
Single Family Office
Year founded
1992
AUM
Undisclosed
Location
Region
Europe
Country
Germany
City
Hamburg
Corporate office
Hamburg, Germany
Principals
Jacob Isenberg
Managing Director
Jochen Klösges
Managing Director
Martin Görge
Managing Director
Altss tracks 3 additional named team members for this firm — including direct investment leads, IR, and operating principals not listed on the public website.
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Frequently asked questions
How is E.R. Capital Holding related to the Rickmers Group?
E.R. Capital Holding is the single-family office of Erck Rickmers, a fifth-generation shipowner. His brother, Bertram Rickmers, separately led the Rickmers Group, a shipping company that filed for insolvency in 2017. The family office operates independently of that entity, managing its own diversified portfolio.
What does E.R. Capital's real estate portfolio consist of?
The office holds prime German commercial and mixed-use properties, largely concentrated in Hamburg. Known assets include the Hindenburghaus, Neuer Wall 54, the Warburg Ensemble, Tichelhaus and LEO7 in Munich. Frankfurt's RAW Stephensonstraße office complex is also under ownership.
Does the family office manage assets for external investors?
Yes, through the Nordcapital platform. While E.R. Capital Holding itself is the Rickmers family's captive vehicle, Nordcapital raises external capital for select investments, typically in shipping, real estate and infrastructure. This lets the family share risk and scale in specific asset classes.
Which sectors does E.R. Capital target in its venture portfolio?
Sector focuses include healthcare services, industrial tech, climate tech, circular economy and supply-chain logistics — all verticals that intersect with the family's legacy in global trade. The firm invests from Seed to Series A, primarily in European startups.
What philanthropic structures does the Rickmers family maintain?
The Humanities and Social Change International Foundation, based in Hamburg, is a primary philanthropic vehicle. Erck Rickmers also supported the establishment of THE NEW INSTITUTE, a research foundation focused on societal transformation, keeping philanthropic and investment assets structurally separate.
Who currently runs investment decisions at E.R. Capital Holding?
Friedrich Lass-Hennemann, the firm's CEO, oversees operations alongside Managing Directors Jacob Isenberg, Jochen Klösges and Martin Görge. Nicholas Teller, a former CEO, continues to shape strategy as Chairman of the Advisory Board.
Where is the Rickmers family's underlying wealth sourced?
The wealth originates from five generations of maritime shipping enterprises founded by the Rickmers family in Germany. Today, the office systematically diversifies proceeds from that legacy into real assets and direct venture investments.
Profile maintained by Altss 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.
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