Private markets strategies provide investors with an alternative income component that delivers attractive returns and contributes to portfolio diversification. 

FERI has many years of experience and a proven track record in analysing private markets funds and managing private markets portfolios. Over the past 20 years, we have carried out more than 150 private markets investments worldwide, making us one of the largest German investors. Investors benefit from our access to top-class fund managers and our strong negotiation positioning. 

Our private markets offering

FERI invests in private equity (buyout, growth, turnaround and venture capital), private equity real estate, infrastructure and private debt.

Our client base includes institutional investors, such as pension funds and endowments, as well as family offices. We manage funds of funds and offer tailor-made managed-account solutions.

FERI targets primary fund investments, co-investments and selectively acquires stakes via the secondary market. This enables the cash flow profiles of private markets portfolios to be optimised.

Institutional clients also benefit from tailor-made administrative solutions, managed accounts and advisory services. The private markets portfolios are managed by in-house teams in Germany and Luxembourg. In addition, FERI can serve existing platform solutions from external providers via advisory mandates. 

Infrastructure is typically a physical facility designed to maintain or improve the economic and social performance of a community and supervised by regulatory oversight. It offers a high level of value stability and a broad range of investment strategies due to its real assets. Conservative investors see their investment goals best achieved with stable, ongoing returns in the core infrastructure strategies. This asset class offers more profit-oriented investors an increase in value typical of private equity from the development, construction and/or refurbishment/modernization of an infrastructure property. Since income is partly linked to inflation, correlation and volatility of the investment value are low. Various investment horizons are possible, from 5 to 25 and more years.

In this investment segment, FERI offers both managed-account solutions and advisory services for institutional investors.

Private debt has a broad structure – the market ranges from infrastructure and property loans to direct lending, mezzanine capital, distressed debt and special situations.

FERI places a great degree of importance on a clear classification of risk-return objectives with the client in order to select the appropriate strategies. This is imperative due to the current very broad range of private debt.

The strengths and weaknesses of the asset class also play a role in our private debt allocation advisory services, as they differ greatly from other private markets strategies. Furthermore, an important benefit of Private Debt investments is its regular yield component, allowing for long-term cashflow planning.