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Single Family OfficePuts its own capital into companiesLAST VERIFIED Oct 2026 · 4 SOURCES

Also known as Alluti GmbH, ALLUTI GmbH, Alluti Smart Invest

Independent single family office in Munich founded in 2014 by entrepreneur Bert Bleicher (ex-Hoffmann Group): PE funds and direct stakes, impact projects, real estate, liquid assets.

USEFUL FOR Fund managers raising capital · Business owners seeking a long-term partner · Co-investors

Family & background

FAMILY
Bert Bleicher (founder)
WEALTH ORIGIN
Hoffmann Werkzeuge / Hoffmann Group (industrial tools distribution, Munich)
HEADQUARTERS
Munich, Germany
FOUNDED
2014
OUTSIDE CAPITAL
No — own capital only

Investment approach

ROUTES
Companies (own capital) · Funds (as LP)
STRATEGIES
Private equityDirect investmentsImpactReal estatePublic equities

Overview

Alluti GmbH is an independent single family office based in Munich-Bogenhausen, founded in 2014 by entrepreneur Bert Bleicher. Bleicher joined Hoffmann Werkzeuge in 1996 and, as managing shareholder of the Hoffmann Holding until 2013, grew it into a European tools distributor with about €1 billion in sales. Alluti invests in private equity through closed-end funds and direct stakes, in impact projects with a social purpose, in residential and commercial real estate (ownership and mezzanine) and in liquid assets. In February 2022 it joined Casa Verde Capital and Argonautic Ventures in a €13 million round in the cannabis wholesaler Cansativa.

Investment thesis

'Smart Invest': stage-agnostic at the first screening, looking for intelligent solutions, clever people and entrepreneurial companies; growth but not at any price, with social and humanitarian responsibility; acts as investor, ideas provider and sponsor.

Holdings & investments (1)

  • Cansativa
    HealthTech · since 2022

People

  • Bert Bleicher
    Founder and Managing Director (Geschäftsführer) · source

Frequently asked questions

Alluti is a single family office based in Munich, Germany, founded in 2014.

Alluti invests on behalf of the Bert Bleicher (founder) family (Hoffmann Werkzeuge / Hoffmann Group (industrial tools distribution, Munich)).

Alluti invests its own capital into companies and in third-party funds as an LP. Its stated asset mix includes private equity, direct investments, impact, real estate and public equities.

Alluti invests in HealthTech and Real Estate & PropTech.

Key people at Alluti include Bert Bleicher (Founder and Managing Director (Geschäftsführer)).

Alluti's holdings and investments include Cansativa.

The most recent publicly reported investment by Alluti is Cansativa (€13m financing round led by Casa Verde Capital (participation)), announced in Feb 2022.

No. Alluti invests its own capital and does not raise money from outside investors.