# Münster Stegmaier Rombach Family Office Münster Stegmaier Rombach Family Office is a Multi Family Office based in Bad Waldsee, Germany. ## Overview - **Organization type:** Multi Family Office - **Headquarters:** Bad Waldsee, Germany - **Region:** Europe - **Address:** Bad Waldsee, Baden-Württemberg, Germany - **Founded:** 2001 - **Assets under management:** Undisclosed - **Website:** msr-familyoffice.de - **LinkedIn:** https://de.linkedin.com/company/m%C3%BCnster-stegmaier-rombach-family-office-gmbh ## Regulatory record - **Reports private funds:** No ## About Münster Stegmaier Rombach emerged in 2001 from the partnership between a noble family and an entrepreneur, establishing a multi-family office that now serves around 50 families. Co-founder Johannes Stegmaier built the firm alongside Count Hermann-Siegfried zu Münster-Meinhövel, who belonged to one of Germany's old aristocratic houses. The firm has remained anchored in Upper Swabia — headquartered in Bad Waldsee — while expanding advisory oversight through offices in Munich, Stuttgart, and Hamburg. MSR structures capital across private equity, real estate, hedge funds, infrastructure, and philanthropic vehicles, blending fund commitments with direct co-investments and special purpose vehicles. It favors control-oriented and buyout strategies, with a geographic focus on Europe. The firm played a central role representing the Hymer family — the founders of Erwin Hymer Group, one of Europe's largest recreational vehicle manufacturers — during the sale of the company. Its technology exposure skews toward cybersecurity, and it maintains advisory relationships with portfolio companies like Heidelberg-based medical device developer Precisis GmbH, where Head of Alternative Investments Thorben Katzer sits on the board. Managing Partner Wolfgang Rombach joined in 2003 and anchors the investment operations, while CEO Werner Gasser and CIO Stephan Jäggle manage corporate strategy and asset allocation. Vanessa Matheis was elevated to the management board in 2021, overseeing consulting and asset controlling, and maintains ties to Matheis Invest GmbH. The firm is a founding board member of VuFO, the German Association of Independent Family Offices. In May 2024, MSR expanded its authorized signatory roster with two additional Prokurist appointments among at least 11 professionals holding that legal authority. MSR's integration of noble and entrepreneurial client families under one roof is a structural rarity in Central Europe, where family offices typically stay rigorously separate by bloodline. That hybrid model creates a diversified sourcing network — blending old-money governance with industrial-family dynamism — which feeds a deal pipeline unusual for a firm of its size. The firm's non-profit activities, managed through MSR Social Impact gGmbH and the Erwin Hymer Stiftung, operate alongside the main office without blurring fiduciary lines. ## Sectors - Digital Health - Healthcare Services - ClimateTech - Energy Transition & Renewables ## Offices - Munich - Stuttgart - Hamburg ## People - Werner Gasser — CEO, Managing Partner - Stephan Jäggle — CIO, Managing Partner - Johannes Stegmaier — Founder, Managing Partner - Wolfgang Rombach — Managing Partner - Vanessa Matheis — Managing Partner ## Questions ### Is MSR a single family office or a multi-family office? MSR is a multi-family office, advising roughly 50 high-net-worth families. Unlike a single-family office that manages one family's wealth, MSR pools advisory and investment resources across multiple clients. This structure gives it a broader capital base and a wider deal-sourcing network than a pure single-family office. ### Does MSR commit to external funds or only make direct investments? MSR uses a hybrid model: it makes direct co-investments and uses special purpose vehicles alongside commitments to private equity funds, hedge funds, and real estate vehicles. The firm targets buyout and co-investment opportunities, favouring control-oriented private equity but maintaining a diversified asset-allocation approach across asset classes. ### Which sectors does MSR explicitly focus on or avoid? Confirmed portfolio exposure includes digital health and healthcare services, shown by Thorben Katzer's board seat at Precisis GmbH, a medical device firm. MSR also lists climate technology and energy transition as focus areas. There is no public statement naming sectors the firm avoids, though its historic ties to the industrial and recreational-vehicle sectors through the Hymer family suggest comfort with manufacturing-adjacent investments. ### Where does the underlying client wealth come from? The founding wealth is a blend of old European nobility — Count Hermann-Siegfried zu Münster-Meinhövel — and entrepreneurial capital from co-founder Johannes Stegmaier. MSR's client base includes the Hymer family, whose fortune originated from Erwin Hymer Group, the recreational-vehicle manufacturer. The firm's roughly 50 families are primarily German, with industrial and inherited wealth. ### How is MSR's philanthropic work structured and separated from the main office? Philanthropic activities run through separate charitable vehicles, including MSR Social Impact gGmbH, the Erwin Hymer Stiftung, and the Paula Kubitscheck-Vogel-Stiftung. The firm also supports Zeppelin University, ProKA Oberschwaben, and the SEENEMA cinema cooperative in Bad Waldsee. These entities are legally distinct from the advisory and investment operations, preserving fiduciary separation. ### What is MSR's posture on co-investments alongside external partners? MSR actively participates in direct co-investments and special purpose vehicles, often alongside corporate families or aligned GPs. Its representation of the Hymer family in the sale of Erwin Hymer Group demonstrates the firm's capability to lead complex transactions. The firm's network within VuFO and the Lerbach Competence Circle further expands its co-investor universe. ## Related profiles - [Ajlan & Bros Holding](https://altss.com/profile/ajlan-and-bros-holding-bin-abdulaziz-alajlan-family-office) - [Ali Al-Radwan & Sons (Al-Radwan Family Office)](https://altss.com/profile/ali-al-radwan-and-sons-al-radwan-family-office) --- Last updated: 2026-06-03T20:00:00.000Z Canonical page: https://altss.com/profile/munster-stegmaier-rombach-family-office-gmbh Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology