Seppelfricke & Co. Family Office

Seppelfricke & Co. Family Office

Seppelfricke & Co. Family Office was founded in 2008 after the mid-1990s sale of Seppelfricke Armaturen GmbH, a fittings manufacturer started in 1920 that provided the founding capital. Pascal Seppelfricke, a descendant of the industrial family and a former portfolio manager at an independent Düsseldorf asset manager, embedded the family's hands-on approach to valuing private-market holdings into the new vehicle. Board member Erwin Bengler, previously an executive at Quirin Privatbank and HypoVereinsbank, joined to strengthen the institutional governance. The firm runs a concentrated strategy anchored in European real estate secondaries. It analyses and acquires stakes in closed-end alternative investment funds — NAV calculations draw on a proprietary database covering 13,500 funds and 3,500 valuations. Asset classes span commercial retail property, affordable residential housing, nursing and care facilities, and green buildings, all located in Germany. Direct co-investments and SPVs sit alongside fund-of-fund commitments, private credit exposures, and a curated collection of Cycladic and Greek antiquities. Technology focuses tagged by the firm include ESG screening applied to underlying portfolios. Team size and total deployment are not publicly disclosed; the entity is regulated as a securities institution under § 15 of the German Wertpapierinstitutsgesetz and holds an IDW PS 951 Type B service organisation certification. The firm acts as a sub-fund manager for the antea fund and serves a network of Sparkassen, Volksbanken, foundations, wealth managers, and family offices. In parallel, the Seppelfricke office maintains a physical real-asset base — directly held residential, commercial, and care-facility properties — which operates alongside its third-party advisory and secondaries execution business. The structural differentiator is the dual role: Pascal Seppelfricke still invests the family's balance sheet while managing a regulated platform that executes the same secondaries diligence for external institutions. Because the family's own capital has been committed to these methods for over two decades, the incentive alignment is hard-wired — the office wins only when its conservative underwriting proves durable across cycles. Succession planning and intergenerational continuity are explicitly stated priorities, tying the governance model to the Seppelfricke lineage.