Perpetual
Also known as Perpetual Investors, Perpetual Investors GmbH, PRPTL, Perpetual Growth, Perpetual Growth Management GmbH
Munich investment office of the Wilsdorf family that also manages assets of outside entrepreneurs and institutions through evergreen multi-asset funds; growth arm Perpetual Growth.
USEFUL FOR Fund managers raising capital · Business owners seeking a long-term partner · Co-investors
Munich investment office of the Wilsdorf family (Perpetual Investors GmbH); it states it is not associated with Fondation Hans Wilsdorf or ROLEX. Not Perpetual Limited (Australia), not Perpetual Venture Capital (New York) and not Perpetual Growth Counseling Services (US).
Family & background
- FAMILY
- Wilsdorf
- HEADQUARTERS
- Munich, Germany
- OUTSIDE CAPITAL
- Yes — also manages others' money
Investment approach
- GEOGRAPHY
- EuropeUnited States
- STAGES
- GrowthBuyout
- ROUTES
- Companies (own capital) · Funds (as LP)
- STRATEGIES
- Direct investmentsFunds (as LP)Private equityVenture capitalPrivate creditReal estatePublic equitiesHedge funds
- LATEST DEAL
- PointFive (Series B) · Jun 2026
Overview
Perpetual (Perpetual Investors GmbH, Munich) says it was established by the Wilsdorf family as an independent investment office and is trusted with the assets of the Wilsdorf family and an international network of select entrepreneurs and institutions. It runs a suite of evergreen funds covering private equity, private credit, real assets and multi-asset strategies through a multi-manager, open-architecture platform, and launched its first evergreen vehicle in 2018. The Wilsdorf family is the key shareholder and anchor investor, with all family assets invested in the funds. Its growth arm, Perpetual Growth, partners directly with technology companies in AI, fintech, marketplaces and software in Europe and the US.
Investment thesis
Long-term, permanent capital allocated without constraints across asset classes, with continuous allocation to private markets via top-tier external managers selected on its 'STARS' criteria, blended with direct and co-investments; Perpetual Growth backs technology entrepreneurs in AI, fintech, marketplaces and software in Europe and the US.
Holdings & investments (9)
INVESTMENT ARMS & VEHICLES
- Growth-equity arm that partners with technology entrepreneurs (AI, fintech, marketplaces, software) in Europe and the US; its manager Perpetual Growth Management GmbH is an EuVECA manager registered with BaFin
HOLDINGS & INVESTMENTS · MOST RECENT FIRST
- Software & SaaS
- WeaviateArtificial Intelligence
- Software & SaaS
- Prewave
- Sparetech
- HiBobSoftware & SaaS
- CopadoSoftware & SaaS
- Agora
- Nilus
People
- Dr. Moritz KübelManaging Director, Perpetual Investors GmbH · source
Frequently asked questions
Perpetual is a family-anchored fund based in Munich, Germany.
Perpetual invests on behalf of the Wilsdorf family.
Perpetual invests its own capital into companies and in third-party funds as an LP. Its stated asset mix includes direct investments, funds (as lp), private equity, venture capital, private credit, real estate, public equities and hedge funds.
Perpetual invests at Growth and Buyout stages in Artificial Intelligence, Fintech and Software & SaaS.
Key people at Perpetual include Dr. Moritz Kübel (Managing Director, Perpetual Investors GmbH).
Perpetual's holdings and investments include PointFive, Weaviate, Vertice, Prewave, Sparetech, HiBob, Copado and Agora, among others.
The most recent publicly reported investment by Perpetual is PointFive (Series B), announced in Jun 2026.
Yes. Perpetual manages capital from outside investors.