Updated:
Wega Invest
Wega Invest was established in 2000 after the Wendeln family sold the bakery business whose roots date to 1919. Bernd Wendeln, Paul Wendeln and Peter Wendeln...
Wega Invest
Wega Invest was established in 2000 after the Wendeln family sold the bakery business whose roots date to 1919. Bernd Wendeln, Paul Wendeln and Peter Wendeln represent the family branches that oversee the office through its advisory board. The structure separates family governance from day-to-day investment execution handled by professional staff. The allocation targets global public equities, global fixed income, private equity, real estate, infrastructure, natural resources, hedge funds and private credit. The firm commits to funds and also executes direct co-investments and SPVs. Geographic exposure is balanced across Europe, North America and Asia. Confirmed holdings include positions linked to Formycon AG through family shareholdings and co-investments with the Strüngmann family. Real-estate assets comprise mixed-use portfolios in Munich and Garrel plus the Wendeln Family Farm in Syracuse, Nebraska. The Munich and Garrel offices together employ 16 professionals. Adjacent vehicles include the philanthropic WEGA Care gGmbH and the Wendeln Dressage Horse Breeding Program. No operational events from the last 24 months appear in public records. The office's structural differentiator is its requirement that every external manager demonstrate an active, measurable positive impact on environment or society in addition to return and risk criteria. Managers are scored A to E on this dimension and E-rated funds are slated for divestment.
General information
Firm type
Single Family Office
Year founded
2000
AUM
Undisclosed
Location
Region
Europe
Country
Germany
City
Munich
Corporate office
Sporerstraße 3, 80333 Munich, Germany
Additional offices
Garrel, Germany
Principals
Bernd Wendeln
Chairman of the Advisory Board
Dr. Bodo Coldewey
CEO
Matthias Kray
CIO
Alexander Wendeln
Advisory Board Member
Sector focus
Frequently asked questions
Who runs investment decisions at Wega Invest?
Matthias Kray serves as CIO and Dr. Bodo Coldewey serves as CEO. Both hold managing-director titles and report to the family advisory board chaired by Bernd Wendeln.
How does Wega Invest source proprietary deal flow?
The firm relies on long-standing relationships with managers and co-investors, including the Strüngmann family in Formycon AG. It does not publish a formal origination channel beyond direct manager outreach and family network referrals.
Does Wega Invest participate in fund commitments or only direct deals?
The office commits to external funds and also executes direct co-investments and SPVs. Its published criteria apply equally to both vehicles.
What investment stages does Wega Invest typically target?
The strategy covers buyout, growth, expansion, mezzanine, distressed debt, secondaries and special situations. Minimum track-record length is seven years for most mandates.
Where does the underlying wealth come from?
The capital originated from the 2000 sale of the family's industrial bakery business founded in 1919 in northern Germany.
Does Wega Invest maintain philanthropic structures, and how are they separated?
WEGA Care gGmbH operates as a separate non-profit vehicle focused on impact projects outside the investment portfolio.
What is Wega Invest's known posture on co-investments alongside external GPs?
The firm pursues direct co-investments and SPVs alongside selected fund managers when the opportunity meets its return, risk and impact screens.
Profile maintained by Altss 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.
Need institutional-grade insight on family offices?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: