Bad Homburg/Königstein/Frankfurt a.M., August 27, 2018
Bettina Stark-Watzinger, Chairwoman of the Finance Committee of the German Bundestag and Secretary General of the FDP-Hesse, was able to experience the entire value chain of equity capital in a compact way on Monday, 27 August 2018: Together with the German Private Equity and Venture Capital Association e.V. (BVK), she visited the BVK members HQ Capital, Silver Investment Partners and Heliad Private Equity Partners in Bad Homburg, Königstein and Frankfurt.
"The private equity value chain essentially consists of three levels: The fund investors, the fund initiators and the portfolio companies", explained Ulrike Hinrichs, Managing Director of the BVK. "The portfolio companies are both established medium-sized companies with high growth potential and young innovative start-ups. Equity capital as a high-yield asset class not only plays an important role in terms of old-age provision, but also in terms of financing innovation and growth," Hinrichs continues.
The first item on the agenda of the roadshow was an exchange with HQ Capital in Bad Homburg. The focus was on private equity as an asset class from the perspective of a fund investor. In an interview with Dr. Georg Wunderlin, CEO of HQ Capital, Stark-Watzinger informed herself about the current legal and tax conditions. "Strengthening Germany as a fund location is important to me. Particularly in the light of the enormous challenges to which our system of old-age provision is exposed, it is often necessary to abandon existing reservations and create an attractive environment," said the Member of the Bundestag.
This was followed by a visit to Silver Investment Partners in Königstein. Here Stark-Watzinger met managing partner Philipp Amereller and the managing director of the portfolio company Schüschke Group, Thomas Mauthe. Using Schüschke as an example, the member of the Bundestag was able to learn how medium-sized companies can benefit from investment companies in succession situations and in growth financing.
The roadshow ended with a visit of the FinTech Group in Frankfurt. Thomas Hanke, CEO of Heliad Equity Partners, a listed investment company, was invited. The main focus was on the digital transformation and its effects on the financial industry. The roadshow was rounded off with a "terrace talk" during which the two Hessian venture-funded FinTechs Iconiq Lab and Authada presented their companies. "Progressive digitalization in particular illustrates the important and growing role of equity capital for Germany as a business locatio," Stark-Watzinger summarised the day.
The member of the Bundestag and chairwoman of the finance committee Stark-Watzinger MdB visited BVK member HQ Capital.
Bettina Stark-Watzinger MdB and the parliamentary candidate of Hochtaunuskreis I, Ulrike Schmidt-Fleischer, in conversation with Ferdinand von Sydow and Heiko Dimmerling of HQ Capital.
Thomas Mauthe, Chief Executive Officer of the Schüschke Group, explains his equity history with Silver Investment Partners to the roadshow attendees.
In an interview with the Schüschke Group and Silver Investment Partners, the member of the Bundestag Stark-Watzinger finds out more about the production of the washbasins that Schüschke produces for Airbus.
Jörg Peters, Head of Investor Relations & Press, explains the work at FinTech Group.
At the terrace BBQ at the FinTech Group, the roadshow participants reflected the day and their newly gained impressions. The Hessian start-ups Iconiq Lab and Authada introduced their companies.
Fotos (c) Jens Braune del Angel.
HQ Capital is a leading independent manager of alternative investment that has been investing in global private equity and US real estate on behalf of institutions and families since 1989. The company's more than 140 employees currently manage total assets of $11.5 billion. HQ Capital has 10 offices in North America, Europe and Asia. With its innovative and entrepreneurial culture, its strong understanding of investment and its commitment to social responsibility, HQ Capital is a reliable partner for its clients all over the world.
Silver Investment Partners (SIP) is an independent investor for equity financing of medium-sized companies in Germany, Austria and Switzerland. SIP acts as a co-entrepreneur, focuses on longer-term holding periods and tailor-made transaction structures and thus meets the typical needs of small and medium-sized enterprises. As a competent partner, SIP supports companies in succession situations, changes in the shareholder group, group spin-offs and growth financing - usually in companies with a turnover between 5 million and 30 million euros.
Heliad is a listed investment company focusing on young and fast-growing companies in the German-speaking region. Thanks to its "evergreen" structure, Heliad is not tied to a specific term and can support entrepreneurs on their way flexibly, individually and perseveringly at every stage of growth. In combination with an active, hands-on investment approach, Heliad is thus in a position to achieve above-average returns for its shareholders. With the Heliad share, private and institutional investors benefit from the opportunities offered by a diverse portfolio of the most interesting disruptive growth companies in the German-speaking region by means of a daily liquid dividend stock.