Hauck Aufhäuser Lampe

In May 2021, Fosun International sold its controlling stake to a consortium led by the ATHOS Group, a Munich-based family holding company, alongside other German institutional investors. The transaction returned the bank to German-led, family-backed ownership. The ATHOS Group is the investment vehicle of the Andreas-Nicolas Schneller family, which maintains a long-term, entrepreneurial approach to ownership.

Hauck Aufhäuser Lampe Privatbank AG was created through the merger of Bankhaus Lampe with Hauck & Aufhäuser, two of Germany's oldest independent private banks. The deal combined Hauck & Aufhäuser's asset servicing and fund administration platform with Bankhaus Lampe's wealth management and corporate banking franchise. The merged entity adopted legal form as an Aktiengesellschaft (AG) under German banking supervision.

Hauck Aufhäuser Lampe operates a dedicated wealth management division that functions as a multi-family office for ultra-high-net-worth families and entrepreneurs. The bank covers estate and succession planning, consolidated asset reporting, and legal structuring. Its long history with German industrial families positions it differently from pure-play private banks — it serves as an institutional-grade multi-family office platform with in-house fund solutions.

The asset management division runs in-house strategies across equity, fixed income, multi-asset, and alternative investments, primarily via UCITS and German Spezialfonds structures. The fund services unit is a significant third-party ManCo and custodian for external asset managers. The bank does not publicly disclose firm-wide AUM, reporting only the assets under administration and assets under custody figures for its fund services book.

The bank is supervised by the European Central Bank (ECB) and the German Federal Financial Supervisory Authority (BaFin) as a Significant Institution under SSM. Its Luxembourg subsidiary falls under the Commission de Surveillance du Secteur Financier (CSSF). The asset management entities hold BaFin licenses for portfolio management and UCITS management company activities.

The fund services platform administers German and Luxembourg-domiciled mutual funds and special funds (Spezialfonds) for institutional investors including pension schemes, insurers, and family offices. The bank acts as management company (KVG), custodian, and administrator, offering white-label fund launch and lifecycle management — a revenue stream structurally separate from the wealth management and banking divisions.

Bankhaus Lampe was family-owned by the Lampe family from 1852 until Oetker Group acquired it in 2004. Hauck & Aufhäuser was controlled by the Hauck and Aufhäuser founding families until various institutional shareholders entered in the 1990s. Following the 2020 merger and 2021 change-of-control transaction, no founding family member holds a known board or operational role in the combined entity.