LIQID announced it has successfully closed the fourth generation of its private equity offering with a record volume of € 200 million. This makes the fourth-generation fund Europe’s largest private equity fund of funds for affluent private investors. And LIQID, the bank-independent wealth manager, is moving closer and closer to its goal of democratizing high-return alternative asset classes. The fifth generation of its private equity offering has already been launched.
Compared to its predecessor fund, the fourth generation of LIQID Private Equity has grown by 30%. This is why LIQID now launched the fifth generation of its private equity offering. And with its new fund, the asset manager continues to offer affluent investors the opportunity to invest in private equity on the same terms as smart money investors, i.e. family offices and large endowments. Through the LIQID fund offering, private investors can invest like the best institutional investors, with industry leaders such as KKR, EQT, Permira, and Bridgepoint.
LIQID Private Equity focuses on buyout investments in the US and Europe, complemented by secondary funds for accelerated cash flow. The funds also invest in Asia and may opportunistically take advantage of specific distressed and turnaround situations. In addition to the world’s leading private equity managers, LIQID also includes selected niche managers like Nordic Capital or Rivean Capital to gain preferred exposure to specific industries. Plus LIQID targets a net IRR of 15% while offering costs comparable to an ETF. In addition to private equity, LIQID Private Markets also offers access to diversified funds of funds investing in venture capital and private real estate.
LIQID’s 8,000+ clients include entrepreneurs, doctors, professionals, and executives from a variety of industries, not just the financial sector. And the assets under management currently amount to approximately € 2.5 billion. Over 2,500 investors are invested in the Private Markets offering alone. And LIQID offers other wealth management products, such as customized capital market strategies and the recently launched money market product.
LIQID continues to work actively on opening the door to other asset classes besides private equity that were previously reserved for institutional investors. And venture capital will be the next to experience democratization. Over the past two years alone, LIQID’s clients have invested €150 million in venture capital.
KEY QUOTES:
“Affluent investors have a steadily growing interest in alternative asset classes. This is demonstrated by LIQID Private Equity IV: Even outside of institutional investors and the financial elite, there is a growing awareness of the advantages of private equity. It is – after all – the asset class with the highest returns over the past three decades.”
“Although the democratization of private equity is gaining momentum, the traditional entry barrier of €200,000 set by regulators in Germany is still too high for most private investors. At LIQID, we are therefore very excited about the upcoming changes in European regulation as they aim to lower this barrier and thus make the benefits of alternative asset classes more accessible to private investors. Private equity is already several years ahead of other alternative asset classes in terms of democratization.”
— Moritz von Rhein, Managing Director and Head of Private Markets at LIQID
“Our goal is to provide family office level financial solutions to the people who drive and shape our collective future – essentially successful entrepreneurs, business leaders and innovators. Our clients are aware of their entrepreneurial responsibility and are naturally interested in high quality entrepreneurial investments – whether in private equity or venture capital. The only thing they have lacked to date is access to the best funds. Our digital and cost-effective offering now provides them with a professionally constructed, diversified portfolio of top funds from as little as € 100,000”.
— Christian Schneider-Sickert, CEO and founder of LIQID
