Gryphion Capital
Amsterdam family investment platform formed in 2018 that invests Rob Thielen's capital and that of select HNWIs and family offices in growth businesses, mainly in Western Europe.
USEFUL FOR Business owners seeking a long-term partner · Co-investors
Family & background
- HEADQUARTERS
- Amsterdam, Netherlands
- OFFICES
- London · Antwerp
- FOUNDED
- 2018
- OUTSIDE CAPITAL
- Yes — also manages others' money
Investment approach
- GEOGRAPHY
- Europe
- STAGES
- Growth
- ROUTES
- Companies (own capital)
- STRATEGIES
- Direct investmentsPrivate equityReal estate
Overview
Gryphion, formed in 2018, describes itself as a family investment platform investing across asset classes, mainly in Western Europe. It invests capital on behalf of founder and chairman Rob Thielen, founder of Waterland Private Equity Investments, and other select high-net-worth individuals and family offices. It makes direct investments and large co-investments in growth businesses (typically EUR 20m-200m+ enterprise value), special situations and resort real estate, and holds liquid assets. It operates from Amsterdam with offices in London and Antwerp; holdings include Cinesite, Marina Development Corporation, Moliera2, Welbeck Health Partners, LeefEnergieBewust and Brisker, and it sold Emsere to Antin at the end of 2025.
Investment thesis
Flexible, long-term growth capital without exit pressure for businesses with high growth potential and exceptional management teams, focusing on transactions between EUR 20m and EUR 200m enterprise value or more.
Holdings & investments (10)
- since 2025
- since 2024
- Climate & Energy · since 2024
- Consumer & E-commerce · since 2022
- Media & Entertainment · since 2019
- Real Estate & PropTech · since 2019
- EmsereExited
- SkeyeExited
- MainUnitedExited
- LafrontiereExited
People
Frequently asked questions
Gryphion Capital is a family-anchored fund based in Amsterdam, the Netherlands, founded in 2018.
Gryphion Capital invests its own capital into companies. Its stated asset mix includes direct investments, private equity and real estate.
Gryphion Capital invests at Growth stage in Media & Entertainment, Consumer & E-commerce, Climate & Energy and Real Estate & PropTech.
Key people at Gryphion Capital include Robert Thielen (Founder and Chairman), William Ford (Chief Investment Officer), Alec van Eijk (Investment Manager) and Ruth Baert (Chief Financial Officer).
Gryphion Capital's holdings and investments include Cinesite, Marina Development Corporation, Moliera2, Welbeck Health Partners, LeefEnergieBewust, Brisker, Emsere and Skeye, among others.
Yes. Gryphion Capital manages capital from outside investors.