Tertium Family Office

What they fund

• Multi-Family Office Mandates — Tertium operates as an independent, owner-managed Multi Family Office (MFO) providing advisory and asset management services to large family wealth, rather than managing a traditional closed-end fund for external limited partners [1].
• Private Equity & Direct Participations — The firm explicitly lists "Beteiligungen" (participations/equity stakes) as a core service offering, indicating direct investment activity in private companies alongside traditional asset classes [1].
• Real Estate — "Immobilien" (real estate) is listed as a distinct asset class within their investment strategy, suggesting direct or indirect property investments for client portfolios [1].
• Strategic & Tactical Asset Allocation — They manage broad portfolio construction through "Strategische Vermögensallokation" (strategic asset allocation) and "Taktische Allokation" (tactical allocation), covering public markets and alternative assets [1].
• Co-Investment Opportunities — The firm offers "Co-Investmens" (co-investments), allowing clients to participate directly in specific deals alongside Tertium’s own capital or other clients, a common structure in family office equity investing [1].

Investment thesis

• Holistic Family Strategy — The investment approach is embedded within a broader "Familienstrategie" (family strategy) that integrates wealth preservation, return optimization, and succession planning, rather than focusing solely on financial returns [1].
• Geopolitical & Macro Awareness — Investment decisions are heavily influenced by macroeconomic and geopolitical analysis, such as their recent CIO assessment of the "Grönland-Risiko" (Greenland risk) and trade tensions between the US and Europe, which directly inform tactical asset allocation [1].
• Independence & Objectivity — As an independent advisor, their thesis prioritizes objective, unbiased solutions tailored to specific family needs, avoiding conflicts of interest inherent in product-distribution models [1].
• Risk Management & Preservation — A core pillar is "Vermögenserhalt" (wealth preservation), indicating a risk-aware thesis that balances capital protection with "Renditeoptimierung" (return optimization) [1].
• Long-Term Horizon — The focus on "Nachfolgelösungen" (succession solutions) and multi-generational wealth structuring implies a long-term investment horizon aligned with family legacy goals rather than short-term trading [1].

Value add

• Independent Advisory — Tertium positions itself as an "unabhängiger Berater" (independent advisor) for large family wealth, providing unbiased guidance on investment and structural matters [1].
• Family Office Services Suite — Beyond investing, they provide "Privatsekretariat" (private secretariat), "Vermögensreporting & Controlling," and "Vermögensstrukturierung" (wealth structuring), acting as a comprehensive external CFO/COO for families [1].
• Elite Recognition & Credibility — Tertium was selected by the Elite Report (in cooperation with Handelsblatt) as one of the "Elite der Family Offices" out of nearly 400 assessed firms, signaling high-quality standards and operational excellence [1].
• Strategic Insight & Reporting — They produce detailed "Finanzbriefe" (financial newsletters) and annual outlooks (e.g., "Tertium Jahresausblick 2026") that provide clients with deep macroeconomic analysis and investment implications [1].
• Operational Relief — A key value proposition is "Zeitliche Entlastung" (time relief) for family members, handling complex administrative, reporting, and strategic tasks to allow families to focus on their core interests [1].

Notable investments & exits

• Specific Portfolio Holdings — Unknown — The website does not disclose specific company names, deal sizes, or exit records in the provided research.
• Deal Flow Volume — Unknown — No data is available on the number of investments, co-investment frequency, or exit multiples.
• Sector Focus — Unknown — While "Beteiligungen" and "Immobilien" are listed, no specific industry sectors (e.g., tech, healthcare, industrial) are detailed in the available sources.
• Geographic Focus — Unknown — While headquartered in Hamburg, DE, specific geographic preferences for equity investments are not explicitly stated beyond the German/European macro context mentioned in their analysis.
• Exits — Unknown — No information on past exits or liquidity events is provided in the public profile.