Multi-Family Office

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Tertium Family Office

Tertium Family Office was established in 2018 by Volker Pengel as an owner-managed multi-family office. It serves German and international entrepreneurial...

Tertium Family Office logo

Tertium Family Office

Tertium Family Office was established in 2018 by Volker Pengel as an owner-managed multi-family office. It serves German and international entrepreneurial families with wealth planning, asset allocation and investment execution. The firm deploys capital across private equity, real estate, infrastructure, private credit, hedge funds and commodities. It executes through direct co-investments, SPVs and fund-of-funds structures. Confirmed holdings include positions in Berlin Biotechpark and Clinaris GmbH alongside co-investor Kalodion. Activity centers on Europe with emphasis on growth-stage opportunities in Circular Economy, Energy Transition & Renewables and ClimateTech. The team includes Thorsten Stelly, Janina Schiefelbein and Dr. Jörg Rahn. Additional vehicles or philanthropic structures are not disclosed in public materials. Tertium maintains membership in the Elite der Family Offices network recognized by ELITE REPORT and Handelsblatt. Tertium functions as an independent advisor compensated solely by client assets under management. This removes product incentives and third-party commissions that shape many wealth platforms.

General information

Firm type

Multi Family Office

Year founded

2018

Location

Region

Europe

Country

Germany

City

Hamburg

Corporate office

Veritaskai 8, 21079 Hamburg, Germany

Principals

Volker Pengel

Founder and Managing Director

Altss tracks 3 additional named team members for this firm — including direct investment leads, IR, and operating principals not listed on the public website.

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Sector focus

Circular EconomyEnergy Transition & RenewablesClimateTech

Frequently asked questions

Who runs investment decisions at Tertium Family Office?

Dr. Jörg Rahn serves as Chief Investment Officer. Volker Pengel, Thorsten Stelly and Janina Schiefelbein sit on the management board and participate in allocation decisions.

Does Tertium Family Office participate in fund commitments or only direct deals?

The firm uses both approaches. It commits to funds and executes direct co-investments and SPVs as confirmed by its listed investment types.

What investment stages does Tertium Family Office typically target?

Public materials list growth-stage focus alongside allocations to private equity, infrastructure and real estate.

Where does the underlying wealth come from?

Tertium advises German and international entrepreneurial families. No single originating family or wealth source is named in available disclosures.

How is Tertium Family Office structured relative to single-family offices?

It operates as a multi-family office serving multiple entrepreneurial families under an owner-managed model with independent compensation tied to assets under advice.

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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