Madaus Capital Partners Gmbh

What Madaus Capital Partners Gmbh does

MADAUS Capital Partners GmbH is a traditional, owner-managed family office headquartered in Munich, Germany, founded in 2003 by Veit M. Madaus and Peter G. Klose and still owned by the founding partners. The firm is BaFin-licensed under §15 WpIG (institution no. 119158) and operates a KAGB-registered capital management company (institution no. 10162556), with an additional LEI and EdW membership. MADAUS runs three branded divisions: MADAUS Wealth (discretionary multi-asset portfolio management, consolidation, and quarterly reporting), MADAUS Private Equity (deal-by-deal direct entrepreneurial co-investments and club deals, minimum ticket EUR 200,000), and MADAUS Australia (closed-end Special AIFs for professional and semi-professional investors, based in Sydney under MD Mark Baldassarre).

The firm serves entrepreneurial families, private entrepreneurs, high-net-worth individuals, foundations, and endowments, with primary client acquisition driven by the founders' personal networks rather than mass-market distribution. Underlying technology consists of off-the-shelf infrastructure: Keycloak-secured client portal (portal.madaus.com), DATEV for accounting/controlling, HubSpot for CRM and inbound marketing, Microsoft Outlook, Google Analytics, and PDF.js for in-portal document viewing, supplemented by a proprietary paperless digital onboarding workflow (video-ID/eID and electronic signature). Geographically, MADAUS serves DACH from Munich and Australia/Oceania from Sydney, explicitly excluding the USA.

MADAUS generates revenue through three fee streams: subscription/recurring percentage-based AUM fees on managed portfolios (with a contractually gated variable performance fee); transaction-based co-investment/deal fees on direct private equity participations; and brokerage transaction fees on securities orders executed without suitability assessment. An additional BaFin license for investment advice and contract brokerage is held but not currently exercised. Marketing is relationship-led (LinkedIn, website contact form, HubSpot-powered inbound), and distribution is exclusively direct, with one named network partner (Bodewise).

Name

Madaus Capital Partners Gmbh

Legal name

MADAUS Capital Partners GmbH

Website

https://madaus.com

Company type

Private

Founded year

2003

Operating status

Operating

Short description

MADAUS Capital Partners GmbH is a BaFin-licensed, owner-managed Munich family office founded in 2003 that provides discretionary wealth management, direct private equity co-investments, and closed-end Special AIFs in Australia for entrepreneurial families and high-net-worth investors.

Ownership category

akta.pro rank

Product category

Family Office Services

NAICS

Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Investment Advice (6282), Investors, Nec (6799), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Comprehensive/Full-Service RIAs & Independent Wealth Managers (FSAAACAA)

akta.pro secondary industries

Family Wealth & Multi-Generational Planning RIAs (HNW/UHNW-lite) (FSAAACAH), Financial Planning–Led RIAs (FSAAACAB), Portfolio Management–Led RIAs (Discretionary/Model-Based) (FSAAACAC), Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)

Keywords

• Wealth management services
• Asset management
• Private equity investments
• Family office services
• Investment advisory

Headquarters

HQ city

Munich

HQ country

Germany

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Financial Portfolio Management (Asset Management) Fees: MADAUS manages assets for clients on a discretionary basis. Fees consist of a fixed percentage of assets under management (AUM) plus a potential variable performance fee (only charged if the portfolio exceeds a contractually agreed minimum performance threshold, with prior-period losses offset first).
2. Direct Entrepreneurial Participation / Co-Investments: Deal-by-deal direct investments in companies, offered to private investors alongside institutional co-investors and in club deal structures. Minimum investment starting at EUR 200,000. Revenue generated through transaction fees and ongoing management of portfolio companies.
3. Investment Brokerage Fees: MADAUS brokers buy and sell orders for financial instruments (securities, investment fund shares, derivatives) between clients and execution counterparties. MADAUS receives a fee calculated as a percentage of the investment volume. No appropriateness or suitability check is performed — pure execution only.
4. Investment Advisory and Intermediary (BaFin Licensed, Not Currently Exercised): BaFin-licensed for investment advice (Beratung) and contract brokerage (Abschlussvermittlung), though these services are not currently offered.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

MADAUS Capital Partners operates a traditional family office providing independent multi-asset wealth management, direct entrepreneurial co-investments and club deals, and BaFin-regulated financial portfolio management for high-net-worth private investors and entrepreneurial families. The firm manages closed-end Special AIFs (KVG role under KAGB) via its MADAUS Australia division and offers a secure Keycloak-authenticated client portal with paperless digital onboarding. Services are delivered on a fee basis: AUM percentages plus performance-based variable fees for asset management, and transaction-based percentages for brokerage and direct investments.

Product overview

MADAUS Capital Partners GmbH operates as a traditional family office with three main business divisions: MADAUS Private Equity (direct entrepreneurial investments via co-investments and club deals), MADAUS Wealth (independent wealth management across direct investments, capital markets, and real assets), and MADAUS Australia (Australian private equity managing closed-end Special AIFs). The company offers financial services including financial portfolio management, investment brokerage, and (licensed but not currently exercised) investment advice and contract brokering. Investment products include closed-end funds such as CPS Telekom Infrastruktur (mobile infrastructure), Scentia Education (education sector), and Jerrara Environmental (environmental projects). The platform operates through a customer portal and provides accessibility-compliant services under German financial regulations.

Differentiator

Problem solved

Functional benefit

Products and services

• Financial Portfolio Management (Vermögensverwaltung) Independent, discretionary asset management service where MADAUS autonomously makes investment decisions and manages securities portfolios according to agreed investment guidelines. Targets high-net-worth private investors and entrepreneurial families. Fees: fixed percentage of managed volume plus variable performance fee only above an agreed minimum performance threshold.
• Investment Brokerage (Anlagevermittlung) Non-advisory order-execution service that forwards client buy/sell orders for financial instruments without providing investment recommendations or assessing suitability. MADAUS earns a fee calculated as a percentage of the investment volume. Available under MADAUS's BaFin licence.
• Direct Entrepreneurial Participation / Co-Investments and Club Deals Deal-by-deal direct private equity investments offered to private investors alongside institutional co-investors and in club deal structures. Minimum investment threshold is EUR 200,000. Investments are diversified, individual, transparent, and entrepreneurial. Revenue is generated through transaction fees and ongoing management of portfolio companies.
• CPS Telekom Infrastruktur GmbH & Co. KG Closed-end Special AIF investing in mobile telecommunications infrastructure (5G and IoT) for Australian telecommunications providers. Available to professional and semi-professional investors under KAGB.
• Scentia Education GmbH & Co. KG Closed-end Special AIF investing in the Australian education sector, focusing on business-related education and training courses with high profit margins and strong cash flow. Available to professional and semi-professional investors under KAGB.
• Jerrara Environmental, LLC Investment vehicle focused on environmental projects and sustainability initiatives in the Australian market. Managed by MADAUS Capital Partners Australia for qualified investors.
• Management of Special AIFs (KVG Services under KAGB) KVG (Kapitalverwaltungsgesellschaft) services under the German Investment Code (KAGB): portfolio management, asset selection and monitoring, and investor reporting for closed-end Special AIFs serving professional and semi-professional investors.

Quantifiable outcome

• 44.7% return in 451 days for investors in Marvel Packers Pty Ltd (after costs, before taxes)
• +1 more outcomes

Named customers4 records

Segments4 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.

• BodewiseminorGTM or Marketing PartnerMADAUS Capital Partners works with specialized network partners who complement its expertise and open up new opportunities for investors. Bodewise is featured as a logo partner on the main MADAUS website, indicating a collaborative relationship.

Scale indicators9 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Bethmann Bank (ABN AMRO): Frankfurt-based private bank specializing in holistic wealth management for HNW private clients and family entrepreneurs. Comparable target segment and discretionary portfolio management offering to MADAUS Wealth.
• HQ Trust: Hamburg-based independent multi-family office serving HNW entrepreneurial families in German-speaking markets with comprehensive wealth structuring and direct investments. Closest direct comparable in scale, target segment, and service model to MADAUS.
• Flossbach von Storch: Independent Cologne-based asset manager offering multi-asset portfolio management and wealth advisory to private investors with strong founder/owner-led culture. Comparable independence narrative and multi-asset approach to MADAUS.
• DJE Kapital AG: German owner-led asset and wealth manager founded by Jan Ehrhardt and Stefan Quint. Provides multi-asset funds and direct investment solutions for private investors — comparable founder-driven model and product mix to MADAUS.
• Donner & Reuschel: German independent private bank owned by a foundation, providing wealth management, asset management, and direct investment access to HNW individuals and families — comparable ownership philosophy and target client to MADAUS.
• Sal. Oppenheim: Cologne-based private bank (part of Deutsche Bank Group) focused on HNW wealth structuring, asset management, and direct investments for entrepreneurial families. Overlapping service lines and clientele with MADAUS's Wealth and Private Equity divisions.
• Hauck & Aufhäuser: Frankfurt-based private bank (part of Hauck Aufhäuser Lampe Gruppe) offering wealth management, fund services, and direct investment opportunities to HNW clients and families. Comparable in client segment and integrated wealth offering.
• Silverfern Group: Australia-focused private equity and direct investment firm where MADAUS Australia's Mark Baldassarre was previously Managing Director. Highly comparable in Australian PE deal sourcing, club-deal structuring, and cross-border investor access.

Broad incumbents

• UBS Wealth Management (Germany): Global wealth manager with a strong DACH footprint serving UHNW and HNW clients with multi-asset portfolio management, direct investments, and family-office services. Sets the broad incumbent standard MADAUS competes against for top-tier entrepreneurial families.

Emerging players

• Bluebalance (Blue Asset Management): Independent German wealth manager focused on digital-first multi-asset portfolios for HNW investors. Represents the digital challenger model that MADAUS competes against on convenience and onboarding.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/madaus-capital-partners-gmbh

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries3 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 Madaus Capital Partners Gmbh