Single Family Office

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Wecken & Cie. — Care4 AG

Klaus Rudolf Wecken's Basel SFO bridges European PropTech and AI — deploying real estate cash flows into early-stage ventures since 2010.

Wecken & Cie. — Care4 AG

Wecken & Cie. was established in Basel in 2010 to manage the proceeds of Klaus Rudolf Wecken's exit from KHK Software, an enterprise-software developer absorbed by Sage Group in 1997. The office formalizes investment activity that spans a generation, with Wecken's children Ina and Ferry appearing as co-investors in real-estate vehicles including Frankfurt-listed DEMIRE Deutsche Mittelstand Real Estate AG. The firm allocates across private equity, direct co-investments and special-purpose vehicles, with a heavy real-estate anchor. Its property portfolio includes commercial holdings through Bockstecherhof Immobilien AG, mixed-use exposure via Swiss Prime Site AG, and a residential property at Linsbergweg 15 in Bettingen. On the venture side, the office targets early-stage companies in PropTech, AI/ML, and Edge & IoT, primarily within Europe. Confirmed technology commitments tilt toward the intersection of physical assets and connected infrastructure, though specific portfolio names remain private. CEO Frank Hoelzle leads day-to-day operations at Care4 AG, the operating entity behind Wecken & Cie., with CFO Yves Berthelon and Senior Investment Manager Michael Rambow on the deal team. The office maintains a single location in Basel, and no adjacent philanthropic or club structures have been publicly disclosed. Real estate remains the dominant balance-sheet weight, with the family holding concentrated positions in publicly traded and closely held Swiss and German property companies. A distinguishing feature is the office's fusion of a legacy real-estate balance sheet with an early-stage technology allocation — a structure more common in US family offices than in continental Europe. The Wecken family manages the dual mandate without external limited partners, giving the investment team full discretion to hold assets across cycles and to move between liquid real estate dividends and illiquid venture checks without redemption pressure.

General information

Firm type

Single Family Office

Year founded

2010

AUM

Undisclosed

Location

Region

Europe

Country

Switzerland

City

Basel

Corporate office

Basel, Switzerland

Principals

Klaus Rudolf Wecken

Founder

Frank Hoelzle

CEO

Yves Berthelon

CFO

Michael Rambow

Senior Investment Manager

Sector focus

PropTechAI/MLEdge & IoT

Frequently asked questions

Where did the Wecken family's wealth originate?

The wealth traces to Klaus Rudolf Wecken's 1997 sale of enterprise-software developer KHK Software to Sage Group, the UK-based business-software consolidator. The exit generated the liquidity pool that ultimately seeded Wecken & Cie. in 2010 and funded the real-estate acquisitions that anchor the family balance sheet today.

Who runs investment decisions at Wecken & Cie.?

Klaus Rudolf Wecken is the founder and ultimate beneficial owner. Day-to-day leadership sits with CEO Frank Hoelzle, supported by CFO Yves Berthelon and Senior Investment Manager Michael Rambow. The structure suggests a tightly held decision-making circle typical of European single-family offices managing concentrated portfolios.

How is the office related to DEMIRE Deutsche Mittelstand Real Estate AG?

Family members Ina and Ferry Wecken hold co-investor stakes in DEMIRE, a Frankfurt-listed commercial real estate company. The Wecken group's property interests also include Swiss Prime Site AG, Bockstecherhof Immobilien AG, and a residential asset in Bettingen, indicating the family operates several distinct real-estate vehicles alongside the main family-office entity.

Does Wecken & Cie. invest directly in startups or primarily through funds?

The firm deploys capital through direct co-investments, special-purpose vehicles, and private equity — with a stated focus on early-stage companies in PropTech, AI/ML, and Edge & IoT across Europe. The emphasis on direct structures rather than fund-of-funds commitments distinguishes it from family offices that outsource venture exposure.

Does the office manage capital for outside investors?

Wecken & Cie. operates as a single-family office without external limited partners. The balance sheet belongs to the Wecken family, giving the investment team the latitude to concentrate positions and hold assets through cycles without answering to third-party redemption expectations.

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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