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Gebrüder Mende Family Office
The firm was established to preserve the Mende family's regionally generated wealth and transfer it across generations.
Gebrüder Mende Family Office
The firm was established to preserve the Mende family's regionally generated wealth and transfer it across generations. Operated by brothers Mick, Wolfgang, and Martin Mende, the office anchors itself in Karlsruhe-Durlach through MFO GmbH & Co. KG and a network of holding companies that separate real estate, listed securities, and corporate participations. Asset allocation spans three silos. Real estate targets commercial and residential properties in southern Germany and Berlin, plus indirect international fund commitments targeting repositioning and value-add plays. Liquid financial assets follow a passive, ETF-driven approach benchmarked to global equity and bond indices, reviewed quarterly by an investment committee. The private-equity sleeve favors cash-flow-positive small and mid-size companies with buy-and-build potential. Confirmed venture co-investments include FTAPI alongside High-Tech Gründerfonds and Bayern Kapital, and a commitment to Blockwall Capital, a German blockchain and digital-asset manager. The firm also holds an interest in Turmberg Solar, a Karlsruhe-based renewable-energy operation. Team size is undisclosed, though management is concentrated among the three Mende brothers. The office's professional network centers on RaumFabrik Durlach, a commercial property hub that doubles as a platform for the family's business and real-estate activities. Philanthropy flows through the Hans und Dagmar Mende Stiftung. Beyond the core family office, the Mendes operate RaumFabrik and Turmberg Solar, illustrating a model where operating assets remain tightly coupled with the investment office rather than siloed under a separate holding structure. The office seeks co-investor dialogue with like-minded single-family offices and engages an independent external family-office service provider for bank-agnostic advisory. That dual posture — a lean internal team anchored by family members, supported by external institutional counsel but no multi-family ambitions — creates a structure closer to a private investment office than a commercial asset manager.
General information
Firm type
Single Family Office
Year founded
—
AUM
Undisclosed
Location
Region
Europe
Country
Germany
City
Karlsruhe
Corporate office
Karlsruhe, Germany
Principals
Mick Mende
Owner and Managing Director
Wolfgang Mende
Managing Director
Martin Mende
Managing Director
Sector focus
Frequently asked questions
Who runs investment decisions at Gebrüder Mende Family Office?
Day-to-day management sits with three family members. Mick Mende is Owner and Managing Director; Wolfgang Mende and Martin Mende serve as Managing Directors across the family's holding companies. An investment committee meets quarterly to review asset allocation, particularly within the liquid portfolio. The office does not publicly list any non-family investment professionals.
How does Gebrüder Mende Family Office source private-market deals?
The firm focuses on cash-flow-positive small and mid-size companies in German-speaking Europe, often with a buy-and-build angle. Public co-investors in venture-stage deals include High-Tech Gründerfonds and Bayern Kapital. The office also commits to external managers; a known commitment to Blockwall Capital suggests it taps into specialist European venture and growth managers for coverage in areas such as blockchain and digital assets.
Does the office participate in fund commitments or only direct deals?
It does both. The firm makes direct co-investments and participates in single-purpose vehicles. It also commits to closed-end real estate funds internationally and to venture capital managers such as Blockwall Capital. Its liquid financial assets are held entirely through ETFs, rejecting active stock-picking in favor of geographic and thematic beta.
What is Gebrüder Mende's posture on real estate?
Real estate is a core pillar. The office owns and manages regional commercial and residential properties in southern Germany and Berlin, develops land into residential, commercial, and hotel assets, and invests internationally through closed-end real estate funds. It publicly states it is seeking additional real estate investments with high value-add potential through repositioning and development, primarily in southern German markets.
How is the office's philanthropy structured?
Philanthropy operates through the Hans und Dagmar Mende Stiftung, a foundation separate from the investment entities. Specific grant-making areas are not publicly detailed. The foundation is one component of the family's broader intergenerational wealth framework, alongside the office and its operating businesses such as RaumFabrik Durlach.
Does Gebrüder Mende Family Office manage outside capital or operate as a multi-family office?
No. The firm describes itself solely as a single-family office and private wealth manager for the Mende family. It seeks dialogue with peers from other single-family offices but does not offer services to external clients. An independent family-office service provider supports the office in a bank-independent advisory capacity, reinforcing its single-family posture rather than signaling a multi-family expansion.
What investment stages does the office pursue in private equity?
It targets buyout, growth, and venture capital stages. The portfolio includes early-stage technology companies via co-investments, as well as mature cash-flow-positive businesses suitable for buy-and-build strategies.
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