An entrepreneurial family office and independent sponsor.

Leading deals,
amplifying impact.

We invest our own capital across three asset classes, and bring aligned partners alongside us where conviction calls for scale.

Our Activities Meet the Team

30+
Active investments
Across Private Equity, Real Estate, Private Debt & Hospitality
€300M+
Capital deployed
2015
Investing since
Own capital

How we operate

More than capital.
Operators alongside you.

Four convictions shape how we work: with founders, with the teams who build, with capital.

Invest without horizon
We hold for as long as a project keeps creating value. No fund cycle, no forced exit.
Build with founders
We back the founder's project on its own terms, bringing capital and experience without overriding the vision.
Trigger the transformation
We initiate the change, and run the transformation ourselves when we must, alongside the teams who build.
Decide at speed
A small team of former founders and operators. Direct conversations, fast decisions, clear answers.

We back founders.
We've been founders.

Before we invested, we built, ran and transformed companies. That operator's experience changes everything: we speak founders' language and stand alongside them wherever it matters.

Meet the Team

Where we invest

Three asset classes, one lead investment philosophy.

Each asset class reflects an area of operating expertise we have built first-hand. We invest our own capital, and structure aligned co-investment on the projects where conviction calls for scale.

Transformation alongside founders

Private Equity

We back BtoB technology companies we can help transform: growth, restructuring or both, alongside the founders who lead them. Board involvement is operational, not ceremonial.
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Value-add real estate & structured financing

Real Estate & Private Debt

Through UL Immo, the UL Group subsidiary dedicated to Real Estate, we acquire and rebuild assets in depth: structure, energy class, design and use. Alongside, we structure private-debt support for real estate professionals whose projects and values align with our own.
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Eco-friendly hospitality in preserved territories

Hospitality

We design, build and operate hotels in preserved natural settings. Each property is born of the territory it inhabits: local hiring, short supply chains and architecture that disappears into the landscape.
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