Janus Henderson announced that it has entered into an agreement to acquire Rantum Capital, a Frankfurt-based private markets investment manager, in a move designed to strengthen the firm’s presence in Germany and expand its private markets capabilities across Europe.
Founded in 2013, Rantum Capital specializes in providing private debt and private equity financing solutions to family-owned and entrepreneur-led small and mid-sized companies throughout Germany, Austria, and Switzerland. The firm has raised approximately €1.2 billion across its private credit and private equity strategies.
Janus Henderson said the transaction will significantly increase its scale and local presence in Germany, one of Europe’s largest institutional investment markets. The acquisition will also enhance the firm’s relationships with institutional investors across the DACH region, including pension funds, insurance companies, and family offices.
Rantum is expected to become a key component of Janus Henderson’s pan-European private credit platform. The firm brings a 13-year track record, an experienced investment team, and a sourcing model that Janus Henderson believes can support a broader expansion of its private credit capabilities throughout Europe.
In addition to strengthening private credit operations, the acquisition expands Janus Henderson’s private equity capabilities and could provide opportunities for future product development. The company highlighted Rantum’s industrial partner network, which consists of former board members and senior executives from major German corporations and provides sector expertise, sourcing capabilities, and local market relationships.
The transaction follows Janus Henderson’s recent expansion efforts in private markets, including the acquisitions of NBK Capital Partners in the Middle East and Victory Park Capital in the United States in 2024, as well as the development of its pre-IPO investment strategies.
As of March 31, 2026, Janus Henderson managed approximately $480 billion in assets and employed more than 2,000 people across 26 cities worldwide.
Financial terms of the transaction were not disclosed. The acquisition is expected to close during the third quarter of 2026, subject to customary closing conditions and regulatory approvals.
Support: Campbell Lutyens served as exclusive financial advisor to Rantum Capital. Schilling, Zutt & Anschütz acted as legal counsel to Rantum Capital, while Skadden, Arps, Slate, Meagher & Flom served as legal counsel to Janus Henderson.
KEY QUOTES:
“As client demand for private markets continues to grow, we are very excited to announce the acquisition of Rantum Capital, which expands our private credit and private equity capabilities in Europe, a strategically important region for the firm. This transaction reflects our focus on diversifying into high-demand areas while also amplifying our existing strengths, including our institutional client relationships, to better support our clients’ evolving needs.”
Ali Dibadj, Chief Executive Officer, Janus Henderson
“We are delighted to have the Rantum team join Janus Henderson. They have built a strong private markets platform with a proven track record and deep relationships in Germany and across the DACH region. As clients seek differentiated exposure to private credit, this transaction strengthens our ability to meet that demand. It builds on the private markets capabilities we have been expanding globally, including Victory Park Capital in the US and NBK Capital Partners in the Middle East, and complements our broader offering, including our securitised and ETF capabilities, allowing us to offer a wider range of credit solutions to clients.”
Alex Veroude, Head of Fixed Income, Janus Henderson
“We are very pleased to be joining Janus Henderson, a company with a strong culture and entrepreneurial approach. By combining our local and private markets expertise with Janus Henderson’s global distribution platform, we will be able to create even more value for our investors in the future and expand our offering across Europe.”
Dirk Notheis, Co-Founder and Managing Director, Rantum Capital

