Hamburg \u2014 Hamburg-based family office Lennertz & Co. has closed its second venture capi\u00adtal fund with a Euro\u00adpean focus and conti\u00adnues the fund series with Lennertz & Co. Venture Europe III. Its prede\u00adces\u00adsor fund invests at least 70 percent in selec\u00adted target funds such as Cherry Ventures, DN Capi\u00adtal, North\u00adzone, Project A or Target Global. The successful concept of leading VC funds and direct invest\u00adments is thus continued.<\/p>\n
\u201cDue to stron\u00adgly increased valua\u00adtions of the inves\u00adted compa\u00adnies, we have closed the second Venture Europe fund. Key contri\u00adbu\u00adtors to this decis\u00adion were invest\u00adments in the neobro\u00adker Trade Repu\u00adblic, the event plat\u00adform Hopin, the 10-minute deli\u00advery service Flink or the foreign payment service provi\u00adder Remitly, which attrac\u00adted a lot of atten\u00adtion from users and inves\u00adtors in recent months,\u201d says Phil\u00adipp Lennertz (photo), mana\u00adging part\u00adner of Lennertz & Co.<\/strong><\/p>\n Like\u00adwise, direct invest\u00adments had a signi\u00adfi\u00adcant impact on the perfor\u00admance of the second venture capi\u00adtal fund focu\u00adsed on Europe. For exam\u00adple, Lennertz & Co. inves\u00adted in the digi\u00adtal insu\u00adrance specia\u00adlist Wefox<\/strong> with the fund. Another invest\u00adment was made in the Munich-based start-up Konux<\/strong>, which is conside\u00adred a leader in AI-supported moni\u00adto\u00adring of track systems. Also in the port\u00adfo\u00adlio is a direct invest\u00adment in Sorare<\/strong>. The company opera\u00adtes a fantasy soccer game that allows play\u00aders to buy\/sell and manage a virtual team using digi\u00adtal player cards. The game uses a tech\u00adno\u00adlogy based on the block\u00adchain system Ethereum.<\/p>\n The special fund concept of Lennertz & Co has proven itself. 70 percent of the capi\u00adtal is inves\u00adted in very good target funds. Their port\u00adfo\u00adlios include compa\u00adnies such as Trade Repu\u00adblic, Hopin and Flink, which have alre\u00adady made a name for them\u00adsel\u00adves. 30 percent is inves\u00adted in direct invest\u00adments such as the digi\u00adtal insu\u00adrance specia\u00adlist Wefox, which now also enjoys a high valuation.<\/p>\n \u201cMore than ever, we are convin\u00adced of our concept of a mix of invest\u00adments in the best venture capi\u00adtal teams in Europe and direct invest\u00adments,\u201d says Phil\u00adipp Lennertz. \u201cWe see that the local venture capi\u00adtal scene is well on the way to coming of age. Young Euro\u00adpean compa\u00adnies with first-class digi\u00adtal busi\u00adness models curr\u00adently offer a high poten\u00adtial for success, in which we want to parti\u00adci\u00adpate with our clients. That is why we are conti\u00adnuing the fund series with Lennertz & Co. Venture Europe III and have alre\u00adady star\u00adted investing.\u201d<\/p>\n About Lennertz & Co.<\/strong><\/p>\n Lennertz & Co. is an owner-mana\u00adged family office with a clear focus on the further deve\u00adlo\u00adp\u00adment and value enhance\u00adment of its clients\u2019 assets. For this purpose, their indi\u00advi\u00addual family, busi\u00adness and asset situa\u00adtions are exami\u00adned in detail and on an ongo\u00ading basis, taking into account the legally and fiscally rele\u00advant frame\u00adwork conditions. As an entre\u00adpre\u00adneu\u00adrial multi family office, Lennertz & Co. shares its clients\u2019 demand for fast, profound and secure decis\u00adi\u00adons. In order to thoroughly examine the oppor\u00adtu\u00adni\u00adties that arise in the private equity segment for its clients, Lennertz & Co. has a compe\u00adtent team at its dispo\u00adsal that can look back on deca\u00addes of private equity expe\u00adri\u00adence. In addi\u00adtion, the advi\u00adsory board consists of renow\u00adned indus\u00adtry and private equity experts such as Prof. Dr. Hein\u00adrich von Pierer, Prof. Dr. Klaus Wuche\u00adrer, Stefan Theis, Daniel Milleg and Florian Heinemann.<\/p>\n","protected":false},"excerpt":{"rendered":" Hamburg \u2014 Hamburg-based family office Lennertz & Co. has closed its second venture capi\u00adtal fund with a Euro\u00adpean focus and conti\u00adnues the fund series with Lennertz & Co. Venture Europe III. Its prede\u00adces\u00adsor fund invests at least 70 percent in selec\u00adted target funds such as Cherry Ventures, DN Capi\u00adtal, North\u00adzone, Project A or Target Global. [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":38451,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1365,1366,1369,1373],"tags":[],"class_list":["post-40222","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-private-equity-en","category-news-en","category-investors","category-venture-capital-en"],"yoast_head":"\n
\nThe invest\u00adment recom\u00admen\u00adda\u00adti\u00adons are in line with the perso\u00adnal prefe\u00adren\u00adces of the clients. They bene\u00adfit from the inde\u00adpen\u00addence of Lennertz & Co., for exam\u00adple in the assess\u00adment of global invest\u00adment oppor\u00adtu\u00adni\u00adties, their selec\u00adtion and their discreet implementation.<\/p>\n