Seppelfricke & Co. Family Office AG

What Seppelfricke & Co. Family Office AG does

Seppelfricke & Co. Family Office AG is a BaFin-regulated German Aktiengesellschaft headquartered in Düsseldorf that specializes in the analysis, valuation, and secondary-market intermediation of Alternative Investment Funds (AIF), with a primary focus on real estate closed-end funds. Founded in 2008 as a Single Family Office, the firm transitioned into a regulated institutional service provider, holding a securities institution license under § 15 Wertpapierinstitutsgesetz (WpIG), an IDW PS 951 Type B certification, and operating under EU Delegated Regulation 2016/958. It is led by Vorstand members Pascal Seppelfricke (also sub-fund manager of the antea-Fonds) and Erwin Bengler (former HypoVereinsbank and Quirin Privatbank private banking executive), with a five-person team reportedly holding over 100 years of combined AIF analysis experience.

The core technology is a proprietary closed-end fund database covering 13,500+ funds and 3,500+ valuations, described as the largest in Germany, supporting NAV calculations, secondary-market analysis, and portfolio optimization. Service modules include Analysis and Valuation, Advisory and Portfolio Management, Individual Solutions (bonds, ELTIFs, bespoke vehicles), Sales Support for Closed-End Funds, Portfolio Valuation and Optimization, Investment Intermediation, and Controlling and Reporting. Revenue is generated through advisory and portfolio management fees, transaction-based fees on secondary-market deals, investment intermediation commissions, and reporting/controlling engagements. Pricing is quote-based and individually negotiated, with no public disclosure.

Distribution is exclusively direct, sales-led, and relationship-driven, targeting German institutional investors including private banks, savings banks (Sparkassen), cooperative banks (Volks- und Raiffeisenbanken), family offices, foundations, asset managers, and independent financial advisors. Marketing relies on the corporate website, Pascal Seppelfricke's LinkedIn presence, and referrals from an established professional network built over 17+ years. Geographic scope is limited to Germany (DACH-adjacent footprint claim, single-country operation).

Name

Seppelfricke & Co. Family Office AG

Legal name

Seppelfricke & Co. Family Office AG

Website

https://seppelfricke-family-office.de

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

1–10 employees

Short description

Seppelfricke & Co. Family Office AG is a BaFin-regulated Düsseldorf-based firm providing analysis, valuation, and secondary-market intermediation of Alternative Investment Funds (real estate closed-end funds) for German institutional clients including private banks, Sparkassen, cooperative banks, family offices, foundations, and asset managers.

Ownership category

akta.pro rank

Product category

Wealth Management / Alternative Investment Fund Advisory

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)

akta.pro secondary industries

Real Estate Investment Advisory (Acquisitions/Dispositions, Capital Allocation) (BPAJANAA), Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE), Real Estate Capital Markets Brokerage (Debt & Equity Placement) (FSAEAJAK), Real Assets — Real Asset Fund Platforms / Multi-Asset Real Assets (Diversified Real Assets Funds) (FSAHAIAM)

Keywords

• Alternative investment fund analysis
• Closed-end fund valuation
• Real estate secondary market
• Family office advisory
• Institutional portfolio management

Headquarters

HQ city

Düsseldorf

HQ country

Germany

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Advisory and Portfolio Management Fees: Fees for advisory services and ongoing portfolio management for institutional investors, providing analysis, valuation, and strategic portfolio optimization.
2. Transaction-Based Fees: Fees earned from facilitating secondary market transactions for closed-end funds, including sales support and price determination for fund participations.
3. Investment Intermediation: Commission from brokering investment opportunities and structuring customized vehicles such as bonds, ELTIFs and other investment solutions.
4. Controlling and Reporting Services: Detailed reporting services providing transparent insights into investment performance for strategic goal achievement.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

The company provides analysis, valuation, and secondary-market transaction services for real estate fund participations (closed-end Alternative Investment Funds), together with advisory and portfolio management for institutional investors. Its offering is built on Germany's largest closed-end fund database (13,500+ funds, 3,500+ valuations) and includes individualized investment vehicles such as bonds and ELTIFs, sales support for banks and asset managers, and ongoing portfolio controlling and reporting.

Product overview

Seppelfricke & Co. Family Office AG is a single-family-office-turned-institutional investment firm that operates as a unified advisory platform rather than a modular software product. The company offers eight integrated service modules centered on Alternative Investment Fund (AIF) analysis, valuation, and transaction services: Analysis and Valuation (leveraging a database of 13,500+ funds), Advisory and Portfolio Management, Individual Solutions (bonds/ELTIFs), Sales Support for Closed-End Funds, Portfolio Valuation and Optimization, Investment Intermediation, and Controlling and Reporting. Additionally, the company sub-manages the antea-Fonds real estate investment fund. All services are oriented toward institutional investors including private banks, savings banks, cooperative banks, family offices, foundations, and asset managers.

Differentiator

Problem solved

Functional benefit

Products and services

• Analyse und Bewertung (Analysis and Valuation) Comprehensive analysis and valuation service for Alternative Investment Funds (AIF), covering over 3,500 analyzed participations with access to Germany's largest closed-end fund database. Targeted at institutional investors needing reliable valuation foundations for investment decisions.
• Advisory und Portfoliomanagement Advisory and portfolio management service based on in-depth analysis, ensuring long-term stable returns and a balanced risk structure for institutional investors.
• Individuelle Lösungen (Individual Solutions) Customized investment vehicles including bonds, ELTIFs (European Long-Term Investment Funds), and tailored solutions developed jointly with clients to meet specific needs.
• Verkaufsbegleitung für geschlossene Fonds (Sales Support for Closed-End Funds) Professional sales support for bank and asset management clients to sell their shares in closed-end funds on the secondary market, including price finding and management of the sales process.
• Portfoliobewertung und -optimierung (Portfolio Valuation and Optimization) Continuous portfolio valuation and optimization to ensure investments meet target returns and risks are identified early.
• Anlagevermittlung (Investment Intermediation) Supporting clients in acquiring suitable fund participations and structuring customized vehicles such as bonds, ELTIFs, and other solutions.
• Controlling und Reporting Detailed reporting providing transparent insights into investment performance to support achievement of strategic objectives.
• antea-Fonds Sub-Fund Management Sub-fund manager mandate on the antea-Fonds, a recognized German real estate investment fund; extends the company beyond pure advisory into active fund management.

Quantifiable outcome

• Over 3,500 analyzed fund participations and proprietary valuation database
• +2 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• antea-FondscoreStrategic or Co-development PartnerPascal Seppelfricke serves as sub-fund manager (Teilfondsmanager) of the antea-Fonds, a renowned real estate investment fund. This partnership positions the company as an active fund manager within the German alternative investment fund ecosystem, extending beyond advisory services into fund management responsibilities.

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Catella Real Estate: European real estate investment manager with fund products and advisory services for institutional clients. Comparable in institutional real estate fund advisory and cross-border investment focus.
• PATRIZIA: Major European real estate investment manager with institutional fund products and secondaries capabilities. A larger, established player that competes for institutional real estate mandates and secondary market transactions across the DACH region.
• Union Investment Real Estate: Real estate arm of Union Investment Group, one of Germany's largest real estate fund managers. Operates open and closed-end real estate fund vehicles and serves institutional clients, overlapping with Seppelfricke's institutional focus.
• Deka Immobilien: Real estate investment subsidiary of DekaBank, managing open and closed-end real estate funds for institutional investors globally. Broad incumbent with comparable German institutional offerings.
• Aquila Capital: Hamburg-based real assets investment manager offering institutional real estate fund products and customized solutions. Comparable in serving institutional investors with alternative investment fund strategies across Europe.

Direct peers

• Habona Invest: German asset manager specializing in closed-end retail and institutional real estate funds, with secondary market activity. Comparable in product focus on closed-end real estate funds and institutional client base.
• IMMAC Holding: Hamburg-based issuer of closed-end real estate funds for institutional investors, including social infrastructure. Comparable in operating closed-end real estate fund vehicles and serving institutional clients in the German market.
• Wealthcap: Wealthcap (subsidiary of UniCredit) issues and manages closed-end real estate funds in Germany and provides portfolio management for institutional and semi-institutional investors, overlapping directly with Seppelfricke's real estate fund advisory and portfolio management services.
• PROJECT Investment: Issuer and manager of closed-end real estate funds in Germany, focused on institutional investors. Overlaps with Seppelfricke's AIF analysis and portfolio management services for real estate fund products.
• Engel & Völkers Capital: German issuer of closed-end real estate funds and investment products for institutional and private investors, directly comparable in market segment and product structure.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/seppelfricke-&-co-family-office-ag

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Seppelfricke & Co. Family Office AG