HQ Trust

Overview

HQ Trust is the multi family office of the Harald Quandt family, founded in 2006 under the Harald Quandt Holding, which has managed the descendants' wealth since 1981. Its bank-independent services have long been open to other families, foundations, church institutions and institutional investors, mainly pension schemes. At end-2025 it reported more than €20bn of assets under management, more than €50bn under advice, over 180 clients and 115 staff in Bad Homburg and Düsseldorf. In alternatives it selects managers across private equity, private debt, real estate, infrastructure and hedge funds, and offers annual HQT Vintage private-equity funds of funds; it reports more than €2.4bn of private-equity commitments and over 85 funds subscribed since 2013.

Investment thesis

Long-term, diversified wealth management across all asset classes with a strong alternatives allocation; in private equity it bundles each calendar year's fund commitments (mostly buyout, some growth, 20–30% secondaries; mainly North America and Europe) into a vintage fund so clients can build exposure steadily over time.

Holdings & investments

INVESTMENT ARMS & VEHICLES

• HQT Vintage Fonds
  Annual private-equity fund-of-funds vintages built from HQ Trust's single-fund programme (current: HQT Vintage Fonds II)
• HQT Sirius
  Luxembourg fund of hedge funds (SICAV-SIF, launched 31 Dec 2012) advised by HQ Trust
• HQ Trust Institutional
  Investment advice for institutional investors, mainly pension schemes

People

• Christian Subbe
  Geschäftsführer | CIO · source
• Kay Gallus
  Executive Partner | Co-Leiter Private Equity · source
• Benedikt Pfeuffer
  Executive Partner | Co-Leiter Private Equity · source
• Philip Arnold
  Associate Partner | Datenanalyst Portfoliomanagement · source
• Carsten Korn
  Associate Partner | Private Equity & Private Debt · source
• Florian Benz
  Analyst | Immobilien & Infrastruktur Portfoliomanagement · source
• Jan Melder
  Investment Analyst | Private Equity & Private Debt · source
• Maximilian Urban
  Investment Analyst | Private Equity & Private Debt · source
• Jochen Butz
  Geschäftsführer | CEO · source
• Christian Stadtmüller
  Geschäftsführer | CFO & COO · source
• Hendrik von Engelmann
  Managing Partner · source
• Dr. Timo Klett
  Managing Partner | Co-Leiter Institutional · source
• Martin Möller
  Managing Partner | Co-Leiter Institutional · source
• Christian Neubert
  Managing Partner · source
• Peter Preller
  Managing Partner · source
• Helmut Quast
  Managing Partner · source
• Jörg Voggel
  Managing Partner · source
• Sebastian Winters
  Managing Partner · source
• Dr. Thomas Rüschen
  Senior Advisor · source
• Roland Eller
  Executive Partner · source
• Katja Gilbers
  Executive Partner · source
• Alexandra Kämper
  Executive Partner · source
• Dennis Mieruch
  Executive Partner · source
• Kerstin Rasch
  Executive Partner · source
• Sebastian Ressin
  Executive Partner · source
• Robert Sester
  Executive Partner · source
• Britta Süßmann
  Executive Partner · source
• Patrick Witzmann
  Executive Partner · source
• Andrea Hack
  Partner · source
• Jan Henkel
  Partner · source
• Jonas Hett
  Partner · source
• Simon Janßen
  Partner · source
• Annika Wowra
  Partner · source
• Marlene Barth
  Associate Partner · source
• Anna-Laura Belke-Radziej
  Associate Partner · source
• Dr. Michael Heise
  Chefökonom · source
• Kristina Chorna
  Executive Partner | Co-Leiterin Immobilien und Leiterin Infrastruktur · source
• Dr. Thomas Neukirch
  Executive Partner | Leiter Strategische Vermögensplanung & Leiter Hedgefonds · source
• Michel Caspary
  Partner | Director Immobilien & Leiter Infrastruktur · source
• Christian Langosch
  Partner | Co-Leiter Immobilien · source
• Nedelina Lazarova
  Partner | Leiterin Private Debt · source
• Jan Tachtler
  Partner | Leiter Fonds- & Managerselektion · source
• Sebastian Dörr
  Associate Partner | Kapitalmarktstratege · source
• Pascal Kielkopf
  Associate Partner | Kapitalmarktstratege · source
• Friedrich Pressler
  Associate Partner | Immobilien & Infrastruktur · source
• Shijiao You
  Associate Partner | Kapitalmarktstrategin · source
• Dr. Yang Gao
  Leiterin Quantitative Modelle Institutional · source
• Benedikt Möller
  Analyst | Immobilien & Infrastruktur · source
• Beniamino Rosamilia
  Fonds- & Managerselektion · source
• Tulga-Ochir Sugar
  Analyst | Fonds- & Managerselektion · source
• Claudia Dany
  Managing Partner | Leiterin Compliance & Operations · source
• Vinzenz Tillmann
  Executive Partner | Leiter Vermögensbuchhaltung & Controlling · source
• Peter Dörnemann
  Partner | Leiter Finanzen & Treasury · source
• Christian Esposito
  Partner | Leiter Marketing & Business Development · source
• Jochen Mörsch
  Partner | Leiter interne & externe Kommunikation · source
• Dr. Matthias Herter
  Aufsichtsratsvorsitzender der HQ Holding · source

Frequently asked questions