Acathia Capital is specialized in investments in the financial services sector across Europe. We possess a unique combination of 20 years of investment expertise plus previous top management experience in the financial services sector.
For international institutional investors, Acathia Capital acts as investment manager or advisor. We manage the entire investment process - from the sourcing and analysis of the investment, over the obtaining of the relevant regulatory approvals all the way to successfully managing the investments post-acquisition.
Based on our extensive investment experience in the financial services sector, we have addressed a large variety of different challenges. Hence, we developed a proven toolkit of flexible solutions for almost every issue. Therefore, we have the ability to make well-founded and reliable decisions very quickly.
The management of Acathia Capital has successfully closed more than 20 financial services investments since 2003. All approvals have been obtained by the relevant regulators. Please find below a sample selection of those investments.
Our deal-by-deal approach does not restrict us in terms of investment size or region
This allows us to focus on the most promising value-investment opportunities - often with an anticyclical approach
For every investment, we individually develop the optimal investor base without a blind-pool risk for our investors
Almost all of our more than 20 investments had to pass the change of control process with financial supervisory authorities
Our 100% success track record in obtaining all requested regulatory approvals reflects our strong reputation with European financial regulatory authorities
Thereby, we provide maximal transaction certainty to sellers and our investors
As former top managers in financial services companies, all our partners have personally experienced the daily challenges for executives of financial institutions themselves
Based on this experience, we support the management team as sparring partners with good business judgment
In close and trustful collaboration, we empower managers to become entrepreneurs so that they can unlock the full potential of their business without the restrictions of a large group
Banks, insurers and other financial services companies
Headquartered in Europe
Both majority and minority investments
from € 5m to €3bn
We are pooling institutional investors in our joint venture investment vehicles on a deal-by-deal basis. In total we are managing more than €250m of equity in two active investment vehicles on behalf of our institutional investors. The assets under management are about half from German pension funds and half from German insurance groups.
Benelux Life Run-off
Exit in 2018
set-up in order to establish a Life Run-off Platform in the Benelux. ABN AMRO Life Capital was acquired in 2017. In 2018, the investment was exited to Monument Re.
Active since 2018
Joint venture of 2 German insurers and 5 German pension funds alongside Acathia. Acquisition of Danica Pension, a fully digitalized life insurer operating as a saving platform in 2019 with approval of Swedish FSA. Since acquisition and carve-out from Danske Bank it has delivered outstanding results, e.g. increase (vs. 2018) of
-premium income by 300% to €4.5bn
-AUM by 125% to €19bn.
-net income by 115% to €21m
Active since 2021
€85m of capital commitments raised from German insurers and German pension funds alongside Acathia. The investment strategy is to acquire a material minority stake in a late-stage Fintech with a proven business model and strong competitive advantage proven by consistent outperformance vis-à-vis established players.