Frederic Capital Management
Frederic Capital Management is a Düsseldorf-based independent private markets investment manager serving institutional investors with curated fund investments and targeted co-investments across private equity, infrastructure, and private debt, managing €1.8bn+ AUM via Luxembourg-domiciled fund vehicles.
- Company typePrivate
- Founded2017
- HeadquartersDüsseldorf, Germany
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Frederic Capital Management does
Frederic Capital Management (FCM) is an independent private markets investment manager founded in 2017 and headquartered in Düsseldorf, Germany. The firm provides institutional investors — pension funds, insurance companies, family offices, and sovereign wealth funds — with access to three private markets asset classes: private equity, infrastructure, and private debt. FCM operates two complementary offerings: curated fund investments (selection of and allocation to top-tier fund managers with full due diligence and ongoing portfolio monitoring) and targeted co-investments (direct equity participation alongside established sponsors, typically EUR 5–20m per deal). The firm runs an integrated diligence workflow covering 250+ funds analyzed per year against a network of 500+ fund manager relationships, evaluates 150+ co-investment opportunities annually, and has executed 50+ co-investments since 2019, targeting returns of >2.5x MOIC.
FCM is registered as an Alternative Investment Fund Manager (AIFM) under AIFMD through three Luxembourg-domiciled GP entities (FCM Frederic Capital Management GP S.à r.l., FCM Select GP S.à r.l., and FCM PE GP S.à r.l.) that manage at least five named SCS fund vehicles (FCM Opportunities Fund II and III, FCM Select, FCM Secondary Opportunities II, and FCM Emerging Managers Fund II), each classified as Article 6 SFDR. The firm is a signatory of the UN Principles for Responsible Investment and has maintained an ESG integration policy since 2018. FCM manages €1.8bn+ in assets under management and operates through offices in Düsseldorf, Luxembourg, and London (via FCM Advisors Ltd), with a team of 11 across investment, finance, and operations functions.
Revenue is generated through management fees and performance fees (carried interest) on the managed fund vehicles, supplemented by transaction-related fees on co-investments. Distribution is exclusively through direct institutional sales relationships (both discretionary and advisory mandates), with no retail or intermediary channels. Pricing structures are not publicly disclosed and are negotiated bilaterally with institutional clients. The firm is founder-controlled (Sebastian Osing as Managing Partner) with no disclosed external equity ownership.
Frederic Capital Management firmographics
Firmographics- Name
- Frederic Capital Management
- Legal name
- FCM Frederic Capital Management GmbH
- Website
- https://fcm-invest.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Frederic Capital Management is a Düsseldorf-based independent private markets investment manager serving institutional investors with curated fund investments and targeted co-investments across private equity, infrastructure, and private debt, managing €1.8bn+ AUM via Luxembourg-domiciled fund vehicles.
- Ownership category
- akta.pro rank
Frederic Capital Management industry classification
Industry- Product category
- Institutional Private Markets Asset Management
- NAICS
- Portfolio Management and Investment Advice (523940), Other Financial Vehicles (52599)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Corporate Strategic Real Assets & Infrastructure Venture Investing (FSANAHAN)
Keywords
Where Frederic Capital Management is headquartered
LocationHeadquarters
- HQ city
- Düsseldorf
- HQ country
- Germany
- HQ region
- Europe
Offices3 records
Markets served
Frederic Capital Management business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Fund Management (Management & Performance Fees): FCM generates revenue through management fees and performance fees (carried interest) charged to investors in its managed fund vehicles, including FCM Opportunities Fund II & III SCS, FCM Select SCS, FCM Secondary Opportunities II SCS, and FCM Emerging Managers Fund II SCS. The firm acts as registered AIFM for these Luxembourg-domiciled fund structures.
- Co-Investment Transaction Fees: FCM earns fees from arranging and managing co-investment transactions alongside established private equity fund managers, typically investing EUR 5-20m per co-investment.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
Frederic Capital Management product offering
Product offeringCore offering
Frederic Capital Management (FCM) is an independent private markets investor that manages fund investments and co-investments on behalf of institutional clients. The firm allocates capital across Private Equity, Infrastructure, and Private Debt asset classes through Luxembourg-domiciled fund vehicles, providing allocation planning, fund manager due diligence, portfolio monitoring, and investor reporting. It additionally structures direct co-investments of EUR 5-20m alongside established private equity fund managers.
Product overview
FCM Frederic Capital Management operates two core investment offerings: Fund Investments and Co-Investments. Fund Investments provide custom access to private equity, infrastructure, and private debt asset classes through curated fund manager selection, with comprehensive due diligence, portfolio monitoring, and reporting. Co-Investments enable direct equity participation alongside established fund managers in the lower and middle market segments across North America and Europe. The firm manages six named fund vehicles across its three general partner entities (FCM Frederic Capital Management GP, FCM Select GP, FCM PE GP), each structured as Luxembourg SCS funds operating under Article 6 SFDR. Key metrics include €1.8bn+ AUM, 250+ funds analyzed annually, and 50+ co-investments executed since 2019.
Differentiator
Problem solved
Functional benefit
Products and services
- Fund Investments (Fondsinvestitionen) Customised investment solutions providing institutional clients with access to Private Equity, Infrastructure, and Private Debt asset classes through selection of outstanding fund managers, holistic allocation planning, comprehensive due diligence, ongoing portfolio monitoring, and detailed investor reporting. Offered on a discretionary or advisory mandate basis.
- Co-Investments
Quantifiable outcome
- Assets under Management of €1.8bn+
- +4 more outcomes
Companies that use Frederic Capital Management
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
Frederic Capital Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Frederic Capital Management partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Established Private Equity Fund Managers (Co-Investment Partners)coreFCM executes targeted private equity co-investments in collaboration with established fund managers worldwide. These partnerships enable FCM clients to access first-tier private equity opportunities, diversify across sectors, regions, strategies and exit channels, and deepen existing relationships with leading fund managers. Since 2019, FCM has executed over 50 co-investments through this model, with 150+ co-investment opportunities evaluated annually. FCM focuses on the right sponsor for each deal, selecting lead investors with relevant experience.
Scale indicators9 records
Recent moves5 records
Expansion highlights6 records
Frederic Capital Management competitors and assessment
Company assessmentEmerging players
- Moonfare: Moonfare is a Berlin-based digital private equity investment platform providing individual and institutional investors with curated fund and co-investment access in private equity. Adjacent business model focused on European private equity with shared German roots.
- Harbert Management Corporation: Harbert Management Corporation is an alternative asset management firm with European operations offering private equity, infrastructure, and private debt solutions to institutional clients. Comparable multi-asset private markets approach with regional overlap.
Broad incumbents
- Hamilton Lane: Hamilton Lane is a US-headquartered private markets investment manager offering fund investments, co-investments, secondary, and direct/private credit solutions to institutional clients. Closely comparable operating model with substantially greater AUM and longer track record.
- Partners Group: Partners Group is a large Swiss-headquartered private markets investment manager operating across private equity, private debt, infrastructure, and real estate with both fund investment and direct co-investment capabilities. Comparable business model at much greater scale.
- Adams Street Partners: Adams Street Partners is a global private markets investment manager offering primary fund, co-investment, secondary, and direct investment solutions. Comparable private markets multi-strategy manager with greater scale and longer history.
- LGT Capital Partners: LGT Capital Partners is a Swiss-headquartered multi-asset private markets investment manager offering fund-of-funds, co-investments, and secondaries across private equity, private debt, and infrastructure. Comparable multi-asset private markets platform serving European institutional clients.
- StepStone Group: StepStone Group is a global private markets investment firm providing customized fund investment, co-investment, and secondary solutions across private equity, private debt, real estate, and infrastructure. Comparable model with broader scale and broader asset class coverage.
- Capital Dynamics: Capital Dynamics is a global private asset management firm offering fund investment, co-investment, and direct investment solutions across private equity, clean energy/infrastructure, and private credit. Comparable multi-strategy private markets platform.
Direct peers
- Golding Capital Partners: Golding Capital Partners is a Germany-based independent private markets investment manager offering fund-of-funds and co-investment solutions across private equity, infrastructure, and private debt. Closest direct peer given similar size, German roots, multi-asset class mandate, and institutional LP focus.
- Apera Capital: Apera Capital is a European-based private markets investment manager focused on fund investments and co-investments in private equity and private debt for institutional clients. Comparable size and European institutional focus to FCM.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Frederic Capital Management social profiles
Digital presenceFrederic Capital Management compliance and trust
Trust signalCompliance5 records
Frederic Capital Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Frederic Capital Management leadership team
Management profileNumber of profiles
Profiles12 records
Frederic Capital Management subsidiaries and ownership
Company hierarchySubsidiaries4 records
Frederic Capital Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Frederic Capital Management M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Frederic Capital Management
What does Frederic Capital Management do?
Frederic Capital Management (FCM) is an independent private markets investor that manages fund investments and co-investments on behalf of institutional clients. The firm allocates capital across Private Equity, Infrastructure, and Private Debt asset classes through Luxembourg-domiciled fund vehicles, providing allocation planning, fund manager due diligence, portfolio monitoring, and investor reporting. It additionally structures direct co-investments of EUR 5-20m alongside established private equity fund managers.
Is Frederic Capital Management a public or private company?
Frederic Capital Management is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Frederic Capital Management founded?
Frederic Capital Management was founded in 2017. It employs 1 to 10 people.
Where is Frederic Capital Management based?
Frederic Capital Management is headquartered in Düsseldorf, Germany, in the Europe region.
How does Frederic Capital Management make money?
Two revenue lines are on record. Fund Management (Management & Performance Fees) is the primary driver. The others are co-Investment Transaction Fees.
Who are Frederic Capital Management's main competitors?
Emerging players on record are Moonfare and Harbert Management Corporation. Broad incumbents are Hamilton Lane, Partners Group, Adams Street Partners, LGT Capital Partners, StepStone Group and Capital Dynamics. Direct peers are Golding Capital Partners and Apera Capital.
Does Frederic Capital Management have an API?
No public API is recorded for Frederic Capital Management.
What industry is Frederic Capital Management in?
Frederic Capital Management's product category is Institutional Private Markets Asset Management. Its primary akta.pro industry code is FSANAHAN, Corporate Strategic Real Assets & Infrastructure Venture Investing. Its NAICS code is 523940 and its SIC code is 6282.