Private Equity

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Sobera Capital

Sobera Capital acquires and manages portfolios of private equity assets and limited partnership interests in private equity funds. The firm provides liquidity...

Sobera Capital logo

Sobera Capital

Sobera Capital acquires and manages portfolios of private equity assets and limited partnership interests in private equity funds. The firm provides liquidity to mature funds through secondary capital injections. Sobera Capital has made 18 investments and achieved 7 portfolio exits.

General information

Firm type

Private Equity

Year founded

2010

AUM

Undisclosed

Location

Region

Europe

Country

Germany

City

Berlin

Corporate office

Markgrafenstrasse 33, D-10117 Berlin, Germany

Additional offices

Regensburg, Germany

Principals

Johannes Rabini

Geschäftsführender Gesellschafter

Dr. Stefan Beil

Geschäftsführender Gesellschafter

Thomas Raab

Partner

Sector focus

ICTIndustrial TechHealthcare Services

Frequently asked questions

Who runs investment decisions at Sobera Capital?

Managing partners Johannes Rabini and Dr. Stefan Beil lead the firm, supported by partner Thomas Raab. The small team structure means investment decisions are made directly by the two managing partners, without an external investment committee.

How does Sobera Capital source proprietary deal flow?

Sobera targets direct secondary transactions by purchasing portfolios of company interests from other private equity investors. Because the firm is not competing in primary auctions, its deal flow originates from fund managers and asset owners seeking liquidity — a sourcing model built on private negotiation rather than broad marketing.

Is Sobera Capital structured as a family office or a private equity firm?

Sobera is a regulated asset manager, not a single- or multi-family office. It holds a BaFin license as an Alternative Investment Fund Manager and invests its own capital directly in secondary private equity deals, alongside offering fund management services to existing owners.

Does Sobera Capital participate in fund commitments or only direct deals?

Sobera focuses primarily on secondary direct transactions — acquiring portfolios of direct company interests. The firm also covers selected single-asset acquisitions and limited partnership stakes, but it does not operate as a fund-of-funds making primary commitments to blind-pool vehicles.

What investment stages does Sobera Capital typically target?

The firm targets European growth and small-cap stage assets. Its coverage spans expansion and late-stage venture, management buyouts, spin-offs and pre-IPO situations. The common thread is secondary liquidity for existing private equity portfolios rather than de novo primary growth rounds.

Which sectors does Sobera Capital explicitly avoid?

Sobera publicly names only three sector verticals — ICT, industrial technologies and healthcare. The firm does not indicate activity in consumer goods, media, real estate, energy or financial services, suggesting these are outside its current mandate.

What is Sobera Capital's regulatory status in Germany?

Sobera Capital GmbH is registered with the German Federal Financial Supervisory Authority (BaFin) as an Alternative Investment Fund Manager (AIFM) and is a member of the German Private Equity and Venture Capital Association (BVK). This regulatory status permits the firm to manage alternative investment funds while also investing its own balance sheet.

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