Lennertz & Co is a Hamburg-based, owner-managed multi-family office that focuses on preserving and growing the wealth of affluent families, especially through private markets and alternative investments.

Quick Scoop on Lennertz & Co

  • Type of firm: Multi-family office and financial services provider based in Hamburg, Germany.
  • Core focus: Long-term, entrepreneurial investing with a strong emphasis on private equity, venture capital, and other alternative investments, including blockchain-related venture funds.
  • Client base: Wealthy families, single-family offices, foundations, and pension funds that need support with complex wealth structures and succession planning.

What they actually do

  • Advise and manage assets across multiple asset classes for several families, not just one (hence “multi-family office”).
  • Design portfolios that combine traditional assets with private equity, venture capital, real estate, and other alternative investments, often via a dedicated alternative investment platform (Lennertz & Co Capital GmbH).
  • Support clients with succession planning, strategic and tactical asset allocation, and detailed reporting and wealth controlling to manage multi-generational wealth.

Investment style and themes

  • Entrepreneurial investing: Since its founding, the firm has centered its investment philosophy on backing entrepreneurial opportunities in private equity and venture capital.
  • Private markets focus: Offers access to private markets, managed accounts, and funds-of-funds, including in Europe and the USA, with an emphasis on selecting top-tier external fund managers.
  • Tech and innovation tilt: Has been active in areas such as blockchain ventures and high-growth companies (for example, involvement in funding rounds for innovative mobility and eyewear/optics businesses).

Company snapshot

  • Founded: 2015 by Philipp Lennertz, with co-founder and then managing partner Oliver Piworus joining shortly after; Piworus later left after around six years.
  • Size: Roughly a few dozen employees (around 30 staff, and 11–50 employees listed in professional directories), reflecting a focused, specialist team rather than a giant bank structure.
  • Positioning: Markets itself as an independent, client-centric family office with a clear focus on further developing and increasing the value of clients’ assets over the long term.

Why Lennertz & Co is being talked about

  • They sit at the intersection of classic family office work (wealth preservation, succession, asset allocation) and newer themes like blockchain ventures and disruptive growth companies, which keeps them relevant in current private markets trends.
  • Recent commentary highlights a perceived return of momentum in private equity markets from 2024 onward, with Lennertz & Co seeing attractive opportunities due to moderate valuations.

Information gathered from public data available on the internet and portrayed here.