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Schelhammer Capital
Schelhammer Capital operates as a multi-family office in Vienna, Austria. Founded in 1832 as Austria’s oldest private bank, its wealth traces to Grazer...
Schelhammer Capital
Schelhammer Capital operates as a multi-family office in Vienna, Austria. Founded in 1832 as Austria’s oldest private bank, its wealth traces to Grazer Wechselseitige Versicherung entrepreneurial capital and generations of private banking expertise. The firm advises affluent families, private foundations and entrepreneurs on asset allocation, sustainable investment, succession planning and risk management and combines in-house specialists with external partners—stewarding complex multi-jurisdictional portfolios.
General information
Firm type
Multi Family Office
Year founded
1832
AUM
37500 (Altss estimate)
Location
Region
Europe
Country
Austria
City
Vienna
Corporate office
Goldschmiedgasse 3, 1010 Vienna, Austria
Principals
Christian Jauk
Chairman of the Board
Wolfgang Ules
Chief Investment Officer & Head of Sustainability
Ernst Huber
Member of the Executive Board
Sector focus
Frequently asked questions
Who runs investment decisions at Schelhammer Capital?
Christian Jauk serves as Chairman of the Board. Wolfgang Ules acts as Chief Investment Officer and Head of Sustainability. Both sit on the executive team alongside Ernst Huber.
How is Schelhammer Capital related to GRAWE?
Schelhammer Capital operates as the private and investment bank inside the GRAWE group following the 2021 merger. Grazer Wechselseitige Versicherung AG holds ownership and supplies the underlying capital base.
Does Schelhammer Capital participate in fund commitments or only direct deals?
The firm executes both fund-of-funds commitments and direct deals. Its private-equity strategy includes direct financing of companies or acquisition of existing shares.
What investment stages does Schelhammer Capital target?
Confirmed stages include buyout, growth and early stage. The firm maintains an illiquid liquidity profile with a seven-to-ten-year investment horizon.
Which sectors does Schelhammer Capital explicitly avoid?
Hard exclusions cover adult entertainment, alcohol, armaments, fossil fuels, gambling, nuclear and tobacco. The policy draws on Catholic ethical principles and negative screening.
Where does the underlying wealth come from?
Wealth originates from the insurance and banking operations of Grazer Wechselseitige Versicherung AG, the parent company since the 2021 merger.
Does Schelhammer Capital maintain philanthropic structures?
Yes. It launched Gemeinnützige Stiftung Philanthropie Österreich in 2014 and maintains historical ties to reconstruction projects for St. Stephen’s Cathedral and healthcare facilities run by religious congregations.
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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