Private Equity

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Invest AG

Invest AG is a private equity based in Linz, founded 1994; the Altss profile covers its classification, headquarters, registration, AUM band, and key contacts...

Invest AG logo

Invest AG

Die Invest AG ist der größte Private Equity Fonds in Österreich. Wir sind Ihr Partner zu den Themen Eigenkapital und Beteiligungen.

General information

Firm type

Private Equity

Year founded

1994

AUM

Undisclosed

Location

Region

Europe

Country

Austria

City

Linz

Corporate office

Linz, Austria

Additional offices

Vienna, Austria · Munich, Germany

Principals

Dr. Gernot Hofer

CEO

Mag. Christoph Hikes, CFA

CFO

Philipp Schupfer, MSc MA

COO

Mag. Dr. Andreas Szigmund

Board Member

Sector focus

Industrial TechTMTEnterprise SoftwareReal EstateMobility & TransportationEnergy Transition & RenewablesHealthcare ServicesAI/ML

Frequently asked questions

Who runs investment decisions at Invest AG?

Dr. Gernot Hofer has led the firm as CEO since 2023 and has been with Invest AG since 2005. He sits alongside CFO Mag. Christoph Hikes, COO Philipp Schupfer, and board member Mag. Dr. Andreas Szigmund, who joined in 1997. Day-to-day deal work is distributed among a team of roughly eight investment directors and managers listed on the firm's website.

Is Invest AG structured as a single family office or a private equity firm?

It operates as a private equity asset manager owned by the Raiffeisen banking group. The firm is not a family office — it sources institutional capital from Raiffeisenlandesbank Oberösterreich, Raiffeisenlandesbank Steiermark, Raiffeisenverband Salzburg, and affiliated regional Raiffeisen banks. In 2025 it received full FMA AIFM licensing, formalizing its regulated status.

Does Invest AG participate in fund commitments or only direct deals?

Invest AG makes direct equity investments, typically buying minority stakes but able to structure majority positions when required. The firm describes its capital pool as a single evergreen fund, not a fund-of-funds, and there is no evidence on its website of material LP commitments into third-party funds.

What investment stages does Invest AG target?

The firm covers the full lifecycle: early-stage (e.g., HeartBeat.bio, Aviloo), growth and expansion capital (Roadsurfer, Melecs), management buyouts and buy-ins (e-tec, IKA), succession solutions (Rolf Bayer, Scheinecker Gruppe), carve-outs (Pichler & Strobl, PUR Holding), and turnaround situations (BOA Group).

Which geographies does Invest AG cover?

The core market is the DACH region — Austria, Germany, and Switzerland. In January 2026 the firm expanded into northern Italy with the Systems GmbH investment. Its offices in Linz, Vienna, and Munich support local sourcing across the German-speaking European Mittelstand.

How is Invest AG related to the Raiffeisen banking group?

Invest AG was founded in 1994 by Raiffeisenlandesbank Oberösterreich and is jointly owned by several Raiffeisen entities — RLB OÖ, RLB Steiermark, Raiffeisenverband Salzburg, and Upper Austrian regional Raiffeisen banks. The ownership provides permanent capital and allows the firm to operate without fund-life constraints, but Raiffeisen's retail and corporate banking operations are separate from Invest AG's investment decisions.

What is Invest AG's posture on co-investments alongside external GPs?

The firm maintains a co-investor network that permits larger transactions than its €40 million internal ceiling. Website language frames these as club-style co-investments rather than a formal LP-to-GP program, suggesting flexibility to syndicate equity on a deal-by-deal basis with trusted partners.

Profile maintained by 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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