# Novethos Family Office

Novethos Family Office is a Multi Family Office based in Munich, Germany.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** Munich, Germany
- **Region:** Europe
- **Address:** Parkstadt Schwabing Oskar-Schlemmer-Straße 23, 80807 München, Germany
- **Founded:** 1996
- **Assets under management:** Undisclosed
- **Website:** novethos.de
- **LinkedIn:** https://linkedin.com/company/novethos-financial-partners-gmbh

## Regulatory record

- **Reports private funds:** No

## About

Novethos Family Office was established in 1996 by Bettina Glönkler and Bernd Glönkler in Munich. The founders built the firm to deliver tailored wealth management and family governance services to high-net-worth families across Europe. The firm allocates across real estate, private equity, capital markets, and alternative investments. It executes through direct co-investments, SPVs, and buyout strategies. Confirmed positions include the Truderinger Morgen mixed-use development in Munich East and the Paketpost-Areal project in Neuhausen. Geographic focus remains Europe, with primary activity in Germany. The firm also incorporates AI/ML and biotech exposure within its alternative investments portfolio. Novethos maintains partnerships with real estate developers such as Büschl Unternehmensgruppe and KW AG. It supports the Nicolaidis YoungWings Stiftung through annual charity golf tournaments co-hosted with Thomas Müller. Dr. Bernhard Theuer leads day-to-day operations as CEO.

## Sectors

- Real Estate
- Private Equity
- AI/ML
- Biotech

## People

- Dr. Bernhard Theuer — Managing Director and CEO
- Bettina Glönkler — Co-founder and partner
- Bernd Glönkler — Founder and Advisory Board member
- Sven Stebinger — Managing Director

## Questions

### Who runs investment decisions at Novethos Family Office?

Dr. Bernhard Theuer serves as Managing Director and CEO. Bettina Glönkler and Bernd Glönkler remain active as founders with roles on the Advisory Board.

### Is Novethos structured as a single family office or multi-family office?

Novethos operates as a multi-family office serving multiple high-net-worth families across Europe.

### Does Novethos participate in fund commitments or only direct deals?

The firm executes through direct co-investments and SPVs alongside select real estate and private equity opportunities.

### What investment stages does Novethos typically target?

Novethos targets buyout opportunities and real estate developments with confirmed activity in large-scale Munich projects.

### Where does the underlying wealth come from?

Wealth origin is not publicly attributed to a single family branch; the firm serves multiple European high-net-worth families.

### Does Novethos maintain philanthropic structures?

Yes. The firm supports the Nicolaidis YoungWings Stiftung through ongoing governance roles and an annual charity golf tournament.

### How does Novethos source proprietary deal flow?

Deal flow originates from long-standing Munich real estate partnerships and professional networks including IREBS Immobilienakademie and VTAD.

## Related profiles

- [Noventi Ventures](https://altss.com/profile/noventi-ventures-giacomo-marini-family-office)
- [NPrime Partners Capital](https://altss.com/profile/nprime-partners-capital)

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Last updated: 2026-07-06T00:36:43.775Z

Canonical page: https://altss.com/profile/novethos-family-office

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