Ideas need capital

Private Equity is the generic term for equity which is not provided by a financial institution. It serves companies, not yet quoted at the stock exchange, in various levels of developments. Venture Capital, Early Stage-, Expansion-, Bridge- or Mezzanine Financing, as well as Management Buy-Outs or Buy-Ins belong to this asset class.

In contrast to bonds or stocks Private Equity investments do not follow determined or predictable mechanisms. The success is based on professional skills, experience and the right approach of the investment team.

The top 25 percent of the Private Equity Funds are called “top quartile”. These funds are the main target for funds of funds. According to an American long-term-study the top quartile performer achieved a 35 percent yield between 1991 and 2003, while average funds only achieved 16,5 percent. In the past top quartile funds have been managed, e.g. by Carlyle Group, APAX Partners, KKR or Permira, just to name a few.

For a long time the asset class Private Equity was only accessible for institutional investors, like banks, insurance companies or pension funds. Now, with the König & Cie. »International Private Equity« fund of funds, private investors have the possibility to join this asset class.