Astorius
Also known as Astorius Private Equity, Astorius Consult GmbH, Astorius Capital GmbH, Astorius Capital (Lux) S.à r.l., Astorius Capital Fonds (ACF)
Hamburg private equity fund-of-funds house (founded 2012) pooling money from private investors, foundations and family offices into European and US lower mid-market buyout funds; ~€700M managed.
- HEADQUARTERS
- Hamburg, Germany
- FOUNDED
- 2012
- AUM
- €700M (2026)
- OUTSIDE CAPITAL
- Yes
- TEAM LISTED
- 16 people
FOCUS
- STAGES
- GrowthBuyout
- ASSET MIX
- Funds (as LP)Private equity
- GEOGRAPHY
- EuropeNorth America
WHAT IT IS
Private Equity Fund. A fund manager investing limited-partner capital into mature private companies.
ABOUT
Astorius was founded in 2012 to give private investors in Germany access to private equity after the AIFM Directive, and says it was among the first private equity providers registered with BaFin at the end of 2013. It runs fund-of-funds programmes (Astorius Capital Fonds, ACF) investing in hand-picked European and North American small and mid-cap buyout and growth funds, with up to 20% in direct co-investments, from a minimum of €200,000; since 2019 it has partnered with Twin Bridge Capital Partners (Chicago) for US access. Its clients are wealthy individuals, foundations, family offices and institutional and church investors, and partners and staff have invested €14M of their own money in the funds. The home page states €700M of fund-of-funds assets, 54 connected target funds and 900 co-investors.
INVESTMENT THESIS
Lower mid-market private equity offers the most attractive targets and value potential; Astorius selects specialist small and mid-cap managers through a multi-stage investment committee process and always co-invests alongside its clients.
PORTFOLIO (7)
- Deutsche Private Equity (DPE) – target fund in ACF VIIndustrial & Manufacturing
- Horizon Capital – target fund in ACF VI
- Maguar Capital – target fund in ACF VIIISoftware & SaaS
- Wise Equity – target fund in ACF VIII
- Equip Capital – target fund in ACF IV
- CataCap – target fund in ACF III
- Nazca Capital – target fund in ACF III
TEAM
- Julien ZornigManaging Partner · source
- Georg RemshagenManaging Partner · source
- Frank RohwedderManaging Partner · source
- Niklas BellingerDirector · source
- Cornelius ThieleDirector · source
- Oskar VolklandPartner · source
- Max BerninghausInvestment Director · source
- Zlatina PanayotovaInvestment Director · source
- Sibylle CrasemannDirector Legal & Compliance · source
- Björn CzerminDirector Fund Operations · source
- Gabriela BaumAdvisory board member · source
- Madeleine JahrAdvisory board member · source
- Dr. Christian HenkeAdvisory board member · source
- Philip Schulze-SmidtAdvisory board member · source
- Matthias LuppAdvisory board member · source
- Matthias KuesAdvisory board member (former CEO of NORD Holding) · source
LINKS
FAQ
Astorius is a private equity fund based in Hamburg, Germany, founded in 2012.
Astorius does not primarily invest directly in private companies. It also commits capital to third-party funds as an LP.
Astorius invests at Growth and Buyout stages in Industrial & Manufacturing, Software & SaaS, Consumer & E-commerce and HealthTech.
Key people at Astorius include Julien Zornig (Managing Partner), Georg Remshagen (Managing Partner), Frank Rohwedder (Managing Partner) and Niklas Bellinger (Director).
Astorius's investments include Deutsche Private Equity (DPE) – target fund in ACF VI, Horizon Capital – target fund in ACF VI, Maguar Capital – target fund in ACF VIII, Wise Equity – target fund in ACF VIII, Equip Capital – target fund in ACF IV, CataCap – target fund in ACF III and Nazca Capital – target fund in ACF III.
The most recent publicly reported investment by Astorius is Schlafender Hase and ConSense (via target fund Maguar Capital, ACF VIII) (Indirect – new holdings of an ACF VIII target fund), announced in Sep 2026.
Yes. Astorius manages capital from outside investors.