HOFFMANN HERMANSON

Co-founders Peter Hoffmann and Dirk Hermanson oversee all investment decisions, per public record. The firm does not employ a separate CIO or external investment committee. Principals typically take direct board roles at portfolio companies, maintaining operational control over deployment.

The office sources through long-standing industrial networks in German-speaking Europe, leveraging the founders' operational backgrounds in manufacturing and real estate. It avoids competitive auctions, favoring bilateral negotiations with family-owned businesses and corporate carve-outs. No external fundraising or LP reporting creates sourcing advantages with sellers seeking discretion.

It operates strictly as a single-family office, deploying only the principals' own capital. There is no external LP base, no fund structure with fixed timelines, and no carried interest model. The governance structure resembles a private holding company with permanent capital and direct operational involvement.

The firm primarily conducts direct investments and co-investments, but does make selective fund commitments to access geographies or strategies outside its core direct competency. The balance skews heavily toward control and significant minority direct positions in middle-market industrial and real-asset deals.

The firm targets mature, cash-flowing businesses in the lower mid-market, typically enterprise values between $50 million and $250 million. It avoids seed and early-stage venture, focusing instead on buyouts, successorless transitions, and corporate carve-outs in industrial sectors.