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HEC Vermögensverwaltung
Clemens Haindl's Berlin family office manages papermaking wealth through direct real estate and private equity — with ties to Calluna Capital and HSBC...
HEC Vermögensverwaltung
HEC Vermögensverwaltung manages the financial legacy of the Haindl family, whose fortunes were built through Haindl Papier, one of Germany's historic paper manufacturers. Founded by Clemens Haindl after the family's exit from the paper industry, the office operates from Berlin and directs capital toward long-term wealth preservation. The firm is advised by a tight circle that includes family member Thomas Haindl and long-time business partners Heinrich Essing and Joachim Parpart — the latter also co-managing investment vehicle Calluna Capital. The firm deploys capital across two primary streams: private equity and real estate. On the real estate side, HEC holds a concentrated portfolio of mixed-use, commercial, and residential properties in Berlin, with confirmed assets on Exerzierstraße, Hielscherstraße, and Alt-Heiligensee. Its private equity activity spans fund commitments and, based on the involvement of Parpart's Calluna Capital, likely direct co-investments — with geographic reach extending into North America, Asia, and Oceania. Clemens Haindl maintains a seat on the advisory board of HSBC Trinkaus & Burkhardt, a relationship that situates the family office within a network of German private-banking and Mittelstand deal flow. The family also operates the Haindl'sche Stiftung, a philanthropic foundation, separating charitable giving from the investment office. The team's operational footprint remains intentionally lean, with no publicly listed website or LinkedIn presence — consistent with an office that prioritizes discretion over market-facing profile. The structural differentiator of HEC is its hybrid architecture: a pure single-family office for the Haindl family that also overlaps with Calluna Capital, an entity associated with Joachim Parpart. This arrangement suggests that certain private equity bets may be pursued through a parallel vehicle, allowing the family to co-invest with trusted operating partners without diluting the privacy of the core office. The HSBC Trinkaus board seat further embeds the office in a network that few German family offices of its size can access.
General information
Firm type
Single Family Office
Year founded
—
AUM
Undisclosed
Location
Region
Europe
Country
Germany
City
Berlin
Corporate office
Berlin, Germany
Principals
Clemens Haindl
Founder, Principal
Thomas Haindl
Manager, Principal
Heinrich Essing
Business Partner
Joachim Parpart
Business Partner (Calluna Capital)
Sector focus
Frequently asked questions
Who runs investment decisions at HEC Vermögensverwaltung?
Founder Clemens Haindl leads the office alongside family manager Thomas Haindl. Two long-standing business partners, Heinrich Essing and Joachim Parpart — the latter a manager at Calluna Capital — are closely involved in sourcing and managing investments. The tight structure suggests no formal investment committee beyond this core group.
How is HEC Vermögensverwaltung related to Calluna Capital?
Joachim Parpart, a named business partner within HEC, also manages Calluna Capital, a related investment entity. While the exact legal separation is not publicly detailed, the overlap indicates that certain private equity investments are likely structured through this parallel vehicle. This arrangement allows the Haindl family to co-invest alongside external partners without exposing the core single-family office structure.
Does HEC participate in fund commitments or only direct deals?
HEC engages in both direct real estate holdings — focused on Berlin residential, commercial, and mixed-use properties — and private equity commitments with geographic exposure to Europe, North America, Oceania, and Asia. The PE strategy likely blends fund commitments with direct co-investments, a pattern common among German family offices operating through trusted partners like Parpart.
Where does the underlying wealth come from?
The Haindl family fortune originates from Haindl Papier, a German paper manufacturer founded in the 19th century and based in Augsburg. The family exited the operating business after it was acquired, and Clemens Haindl subsequently established HEC Vermögensverwaltung to manage the resulting capital. The office now stewards that multi-generational wealth from Berlin.
Does the firm maintain philanthropic structures, and how are they separated?
Yes, the family operates the Haindl'sche Stiftung, a charitable foundation. As is standard among German family offices of this profile, the foundation is legally separated from HEC Vermögensverwaltung's investment activities. This structure ensures philanthropic commitments are walled off from the office's direct real estate and private equity portfolio decisions.
What role does Clemens Haindl's HSBC Trinkaus board seat play?
Clemens Haindl serves on the advisory board of HSBC Trinkaus & Burkhardt, the German private-banking arm of HSBC. This position provides HEC with privileged access to deal flow, co-investment networks, and institutional-grade financial infrastructure. For a discreet Berlin family office, the board seat is a significant, atypical source of connectivity into German Mittelstand and European wealth-management circles.
Is HEC Vermögensverwaltung's real estate portfolio concentrated in Berlin?
The confirmed real estate holdings are all in Berlin — a mixed-use property on Exerzierstraße, a commercial asset on Hielscherstraße, and a residential building on Alt-Heiligensee. Together they form a focused Berlin real estate portfolio. There is no public evidence of real estate holdings outside the capital.
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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