# Target Partners

Target Partners is a Private Equity based in Munich, Germany.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Munich, Germany
- **Region:** Europe
- **Address:** Paul-Gerhardt-Allee 50, 81245 München, Germany
- **Founded:** 1999
- **Assets under management:** Undisclosed
- **Website:** www.targetpartners.de
- **LinkedIn:** https://www.linkedin.com/company/target-partners-gmbh

## Regulatory record

- **CRD number:** 164257
- **SEC file number:** 802-76967
- **Registration status:** ACTIVE
- **Latest Form ADV filing:** 2026-03-24T05:00:00.000Z
- **Reports private funds:** Yes
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/164257

## About

Target Partners invests in radical tech destined to be embraced the world over. Based in Germany, the firm is made up of engineers and scientists with decades of experience developing software and building companies. They invest at the early stage and stay with entrepreneurs for the long run.

## Sectors

- Enterprise Software
- Digital Health
- PropTech
- ClimateTech
- Mobility & Transportation
- AI/ML
- Cybersecurity

## People

- Kurt Müller — Partner
- Berthold von Freyberg — Partner
- Michael Münnix — Partner
- Waldemar Jantz — Partner
- Johannes Landgraf — Partner

## Questions

### How does Target Partners source proprietary deal flow?

Target Partners sources deal flow through a combination of technical networks, board relationships, and a proprietary event series called TechBrunch. TechBrunch events run across German cities — including Munich, Berlin, Leipzig, and Aachen — and gather entrepreneurs for informal networking. The firm also cites decades of combined software development experience among its partners, which allows them to evaluate technical founders and products earlier than most financial investors.

### Does Target Partners participate in fund commitments or only direct deals?

The firm's known activity is confined to direct equity investments in early-stage technology companies. There is no public record of Target Partners committing capital to external funds as a limited partner. Its investment model relies on direct equity rounds, co-investments alongside other venture firms, and ongoing board-level engagement.

### Which sectors does Target Partners explicitly avoid?

Target Partners does not publicly list excluded sectors, but its portfolio reveals a strict focus on enterprise and deep technology. It has avoided consumer internet, fintech marketplaces, and biotechnology. The firm's own tagline — "Engineers at heart" — and its portfolio composition signal an aversion to non-technical business models or sectors that do not involve significant software and hardware R&D.

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- [Tandem Investment Advisors](https://altss.com/profile/tandem-investment-advisors)
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Last updated: 2026-08-11T15:08:18.003Z

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