# Wermuth Asset Management

Wermuth Asset Management is a Multi Family Office based in Berlin, Germany.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** Berlin, Germany
- **Region:** Europe
- **Address:** Berlin, Germany
- **Founded:** 1999
- **Assets under management:** Undisclosed
- **Website:** wermutham.com
- **LinkedIn:** https://www.linkedin.com/company/wermuth-asset-management

## Regulatory record

- **Reports private funds:** No

## About

Wermuth Asset Management began in 1999 as the vehicle for the Wermuth family’s capital. Jochen Wermuth established the office after his Deutsche Bank career in Russia and subsequent private-equity activity. The firm allocates across private equity, real estate, infrastructure, hedge funds and fund-of-funds vehicles. It also runs alternative venture models and mission-related investments. Confirmed positions and co-investors are not publicly itemized. Activity centers on Europe and North America with emphasis on early-stage and growth opportunities in climate-related sectors. No public figures exist for assets under management or team size. The firm lists no additional offices. Philanthropic structures appear in the investment-type mix but receive no separate disclosure. The office’s structure ties investment decisions directly to the founding family’s Russia-derived banking and private-equity history, producing a concentrated mandate on resource efficiency and climate outcomes rather than broad diversification.

## Sectors

- ClimateTech
- Energy Transition & Renewables
- Circular Economy
- Mobility & Transportation
- AgriTech & FoodTech
- FinTech
- WaterTech
- Industrial Tech
- Digital Health

## People

- Jochen Wermuth — Founder

## Questions

### Who runs investment decisions at Wermuth Asset Management?

Jochen Wermuth, the founder, leads decisions. The office structure keeps allocation authority inside the family rather than delegating to external managers.

### How does Wermuth Asset Management source proprietary deal flow?

Sourcing draws on Jochen Wermuth’s prior Deutsche Bank relationships in Russia and subsequent private-equity network. The firm does not publish additional sourcing channels.

### Is Wermuth Asset Management structured as a single family office or does it operate more like a venture firm?

It is registered as a multi-family office. It still commits to early-stage and growth investments through alternative venture models and direct co-investments.

### Does Wermuth Asset Management participate in fund commitments or only direct deals?

The firm uses both fund-of-funds commitments and direct private-equity and real-asset transactions. It also runs hedge-fund and infrastructure allocations.

### What investment stages does Wermuth Asset Management typically target?

Early Stage and Growth are the stated stages. The firm does not disclose later-stage or buyout activity.

### Which sectors does Wermuth Asset Management explicitly avoid?

Digital Assets are listed as a negative investment type. No other sector exclusions appear in the record.

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- [WellSpan Health](https://altss.com/profile/wellspan-health-wsh)
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Last updated: 2026-08-10T15:54:10.904Z

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