Berlin — LIQID closes the fourth generation of its private equity offering with a record volume of 200 million euros. This makes the fund Europe’s largest private equity fund of funds for high net worth private investors. The bank-independent wealth manager LIQID is coming ever closer to its goal of democratizing high-yield asset classes. The fifth generation of its private equity offering has already been launched.
Compared to the predecessor fund, the fourth generation of LIQID Private Equity has grown by another third. “Experienced retail investors have an ever-increasing interest in alternative asset classes. The renewed record volume of our private equity fund shows: Awareness of the advantages of private equity — after all, the highest-yielding asset class (https://www.dasinvestment.com/vermoegensverwalter-thomas-huenicke-v-bank-private-equity-fuer-normalanleger/) of the past three decades — is also growing outside the realm of major investors and the financial elite,” says Moritz von Rhein, Managing Director and Head of Private Markets at LIQID. Consequently, LIQID has already launched the fifth generation of its private equity offering. With the new fund, the wealth manager continues to offer experienced private investors the opportunity to invest in private equity on the same terms as smart money investors, family offices and large foundations. Retail investors can invest through the LIQID fund offering just like top institutional investors with industry giants such as KKR, EQT, Permira and Bridgepoint.
Digital, modern and cost-transparent
The Berlin-based WealthTech, founded in 2016, is thus pursuing a clear mission: “We want to provide financial support to people who want to make a difference — in other words, the successful entrepreneurs, decision-makers and doers,” emphasizes CEO and LIQID founder Christian Schneider-Sickert. “Our clients use business as a vehicle to create prosperity for all. They are aware of their corporate responsibility and deserve the investment opportunities of tomorrow. We make exactly that possible: with a digital, modern and cost-transparent offering that is otherwise only available to high-net-worth individuals in the family office.”
LIQID’s approximately 8,000 customers include entrepreneurs, physicians and freelancers, as well as executives from diverse industries, not just the financial sector. Currently, the assets under management are around 2.5 billion euros. More than 2,500 investors are invested in the Private Markets segment alone. In addition, LIQID offers numerous other wealth management products such as customized capital market strategies and the recently launched Money and Interest Market programs.
Private equity drives democratization
“Even if the democratization of high-yield asset classes is gaining noticeable momentum: The entry barrier, which the regulator currently defines at 200,000 euros, is still too high for most private investors. We at LIQID are therefore very pleased about the upcoming changes in European regulation. These aim to further democratize the market and make the benefits of alternative asset classes more widely accessible,” says Moritz von Rhein, Managing Director and Head of Private Markets. He sees great potential especially in private equity: “In terms of democratization, private equity is several years ahead of other alternative asset classes.” This is another reason why LIQID continues to actively work on opening the door to other asset classes besides private equity, which were previously reserved for institutional investors. With success: 150 million euros were invested in venture capital by investors at LIQID in the past two years.
About LIQID
LIQID, based in Berlin, is a bank-independent wealth manager focused on the needs of sophisticated entrepreneurs, decision-makers and doers. The company’s investment strategy is based on the smart money principles of professional investors such as family offices and endowment funds.
For a fraction of the investment previously required, LIQID provides access to investment opportunities that were previously only available to very large fortunes. In addition to individual wealth management starting at EUR 100,000, this includes professionally curated portfolios from the world’s leading private equity, venture capital and private real estate funds starting at EUR 200,000.
LIQID currently manages around 2.5 billion euros for its customers. Among others, the company is backed by HQ Trust, the multi-family office of the Harald Quandt family, LGT, a private bank owned by the Princely Family of Liechtenstein, and Project A, a Berlin-based venture capital fund.