Penguin Capital Management GmbH

Penguin Capital is an entrepreneur-led private equity investor focused on the attractive lower mid-market segment. The firm’s investment platform is built on two complementary pillars:

1. Fund of Funds – Access to Top-Tier Funds Globally

• Entrepreneurial DNA: The founding team built Team Internet
• Data-Driven Selection: Proprietary database containing over 50 million data points used to identify and underwrite top-performing managers.
• Scientifically Constructed Portfolios: Diversified by geography and sector, optimized using principles of MPT.
• Cost-Efficient Structure: Management fees starting at 0.3%; performance fees of 6.5% (triggered only above a 1.8x DPI hurdle).
• Robust LP Base: Backed by more than 130 entrepreneurial families co-investing alongside Penguin Capital.

2. Co-Investment Fund – Targeted Exposure to High-Conviction Deals

• Access to Sweet-Spot Deals: Direct participation in underlying fund deals, often on a no fee / no carry basis.
• Disciplined Transaction Structuring: Focus on downside protection and asymmetrical upside potential.
• Experienced Investment Committee: Over 50 years of cumulative private equity experience and €1.4 billion in capital deployed.

The founding partners are the largest investors across their vehicles.