Active Ownership
Active Ownership Capital S.à r.l. is an independent, partner-managed investment firm that invests in publicly listed companies across Continental Europe and Scandinavia, applying private equity-style value creation tools over a 3–7 year horizon.
- Company typePrivate
- Founded2006
- HeadquartersGrevenmacher, Luxembourg
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Active Ownership does
Active Ownership Capital S.à r.l. (AOC) is an independent, partner-managed investment firm founded in Luxembourg in 2006 that operates as a value-oriented activist investor across Continental Europe and Scandinavia. The firm invests primarily in publicly listed companies where its fundamental research identifies opportunities for sustainable value creation, taking significant minority or majority positions with a 3–7 year holding horizon. AOC combines value investing with active value creation tools borrowed from private equity, working constructively with boards and management to implement strategies focused on corporate governance improvement, margin optimization, and revenue growth. The firm is a full signatory to the UN Principles for Responsible Investment and operates as a regulated Alternative Investment Fund Manager (AIFM) from offices in Luxembourg, Frankfurt, Vienna, and Stockholm.
The firm is led by four disclosed key personnel. Founding partners and Co-CIOs Klaus Röhrig (formerly of Elliott Associates and Credit Suisse First Boston) and Florian Schuhbauer (formerly of Triton Partners, DHL Global Mail, and Newtron AG) drive investment origination and value creation; CFO Jan Klopp (formerly an audit partner at KPMG Luxembourg with 20+ years in Luxembourg asset management) oversees finance, operations, and governance; and Head of Business Development and Investor Relations Tommy Jansson (formerly of Triton Value Fund and Fauchier Partners) leads fundraising and LP relations. Portfolio company engagement is direct and intensive: the founders currently hold board or supervisory seats at Gerresheimer AG, Formycon AG, H2APEX Group, Mam Baby, Modern Times Group MTG, NFON AG, HelloFresh SE, HomeToGo SE, Amadeus Fire AG, and PNE AG.
AOC's revenue model follows the standard asset management structure of management fees on assets under management plus performance/carried interest on invested capital. Capital is sourced from limited partners via a private investor portal at investors.activeownership.lu. The firm does not offer software products, AI tools, or technology infrastructure; its core intellectual property is its fundamental research methodology and the value-creation playbook applied to portfolio companies. Notable recent transactions include a €52 million shareholder loan conversion into Aonic's €152 million growth financing round (December 2024, alongside Metric Capital Partners) and the build-up of the firm's stake in Gerresheimer AG to 15.19% via approximately 170,750 shares purchased at €24.99–€25.85 between 4–6 May 2026.
Active Ownership firmographics
Firmographics- Name
- Active Ownership
- Legal name
- Active Ownership Capital S.à r.l.
- Website
- https://activeownership.lu
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Active Ownership Capital S.à r.l. is an independent, partner-managed investment firm that invests in publicly listed companies across Continental Europe and Scandinavia, applying private equity-style value creation tools over a 3–7 year horizon.
- Ownership category
- akta.pro rank
Active Ownership industry classification
Industry- Product category
- Investment Management
- NAICS
- Portfolio Management and Investment Advice (523940), Other Financial Investment Activities (5239)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Stewardship & Active Ownership (Engagement, Proxy Voting, Shareholder Advocacy) (FSAAALAD)
- akta.pro secondary industries
- Global Equity (Active) (FSAAAIAD), Sustainable/ESG Equity (Active) (FSAAAIAM)
Keywords
Where Active Ownership is headquartered
LocationHeadquarters
- HQ city
- Grevenmacher
- HQ country
- Luxembourg
- HQ region
- Europe
Offices4 records
Markets served
Active Ownership business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Distribution channels1 record
Marketing channels5 records
Active Ownership product offering
Product offeringCore offering
Active Ownership is an independent, partner-managed investment firm that performs deep fundamental research on publicly listed companies in Continental Europe and Scandinavia where it identifies opportunities for sustainable value creation. Once invested, the firm works constructively with boards and management to implement strategies focused on strengthening corporate governance, improving margins, and growing revenue, with a typical 3-7 year investment horizon. The firm deploys capital through large minority and majority positions in public companies and participates in private equity transactions.
Product overview
Active Ownership Capital S.à r.l. is an independent, partner-managed investment firm that operates primarily in Continental Europe and Scandinavia. The firm performs deep fundamental research on publicly listed companies where it identifies opportunities for sustainable value creation, investing with a 3-7 year time horizon. Once invested, the firm works constructively with boards and management to implement value creation strategies focused on strengthening corporate governance, improving margins, and growing revenue. The firm does not offer discrete software products or modules; its offering consists of investment management services, active ownership engagement, and associated portfolio company support. The company maintains offices in Frankfurt, Vienna, and Stockholm, and operates a private investor portal for its limited partners.
Differentiator
Problem solved
Functional benefit
Companies that use Active Ownership
Customer profileSegments1 record
Ideal customer profiles2 records
Active Ownership technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Active Ownership partnerships and signals
Strategic signalScale indicators2 records
Recent moves5 records
Expansion highlights4 records
Active Ownership competitors and assessment
Company assessmentDirect peers
- Sherborne Investors: Activist fund taking significant stakes in undervalued listed companies and working with management on operational improvements; comparable engagement-heavy approach in a small, focused vehicle.
- Sandell Asset Management: Event-driven and activist manager focusing on underperforming public companies; comparable in target universe size and the activist mindset that drives position-building.
- Cevian Capital: Europe's largest dedicated activist fund, focused on long-term value creation at underperforming Northern European listed companies. Direct competitor for the same target universe and LP base as Active Ownership.
- Active Value Investors: UK- and Germany-based value/activist manager explicitly applying a private-equity approach to public equities — the exact mandate description and prior employer of Co-CIO Florian Schuhbauer.
- Petrus Advisers: German/Swiss activist investor operating in DACH and Benelux mid/small-cap public equities with engagement-driven theses. Closely comparable in geography, size, and engagement style.
- ValueAct Capital: US-based activist fund specializing in constructive engagement and board-level value creation at publicly listed companies — essentially the same playbook Active Ownership applies in Europe.
- Trian Partners: Activist investor founded by Nelson Peltz applying operational and governance improvement to public-company boards globally. Same 'engagement for value creation' model with broader geographic reach.
Broad incumbents
- Triton Partners: European mid-market private-equity firm; previous employer of Co-CIO Florian Schuhbauer who built its Public Equity practice. Overlaps with Active Ownership in mandate and personnel, but operates private markets primarily.
- Elliott Investment Management: Global multi-strategy activist investor; prior employer of Co-CIO Klaus Röhrig. Far larger and more diversified, but the firm's activist playbook in DACH is directly descended from this lineage.
Emerging players
- Ecol变更 (Ecol Capital): Smaller-scale European value/engagement manager applying long-horizon fundamental research to under-followed public companies — analogous in fund size, geography, and strategy to Active Ownership.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Active Ownership social profiles
Digital presenceActive Ownership financial estimates
Financial estimateRevenue estimate
Valuation estimate
Active Ownership leadership team
Management profileNumber of profiles
Profiles4 records
Active Ownership funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Active Ownership M&A and investment
M&A and investmentM&A
Investments3 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Active Ownership
What does Active Ownership do?
Active Ownership is an independent, partner-managed investment firm that performs deep fundamental research on publicly listed companies in Continental Europe and Scandinavia where it identifies opportunities for sustainable value creation. Once invested, the firm works constructively with boards and management to implement strategies focused on strengthening corporate governance, improving margins, and growing revenue, with a typical 3-7 year investment horizon. The firm deploys capital through large minority and majority positions in public companies and participates in private equity transactions.
Is Active Ownership a public or private company?
Active Ownership is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Active Ownership founded?
Active Ownership was founded in 2006. It employs 11 to 50 people.
Where is Active Ownership based?
Active Ownership is headquartered in Grevenmacher, Luxembourg, in the Europe region.
Who are Active Ownership's main competitors?
Direct peers on record are Sherborne Investors, Sandell Asset Management, Cevian Capital, Active Value Investors, Petrus Advisers, ValueAct Capital and Trian Partners. Broad incumbents are Triton Partners and Elliott Investment Management. Ecol变更 (Ecol Capital) is listed as an emerging player.
Does Active Ownership have an API?
No public API is recorded for Active Ownership.
What industry is Active Ownership in?
Active Ownership's product category is Investment Management. Its primary akta.pro industry code is FSAAALAD, Stewardship & Active Ownership (Engagement, Proxy Voting, Shareholder Advocacy), with a secondary code of FSAAAIAD, Global Equity (Active). Its NAICS code is 523940 and its SIC code is 6282.