Frankfurter Financier Switch: Oskar von Kretschmann Lands at Reia Capital
Former banker transitions to implementing carbon credits for exclusive private equity investment schemes
Hop on board the private equity rollercoaster, folks! Oskar von Kretschmann, a seasoned banker with three decades under his belt, has made the leap from Morgan Stanley to Reia Capital. As confirmed on the professional network giant, LinkedIn, von Kretschmann has been manning the helm as Managing Director for investor relations since December.
But wait, there's more! Von Kretschmann brings a wealth of experience in distributing an array of financial products from investment banks, including Fixed Income, Leveraged Finance, Structured Finance, Private Debt, Alternative Investments, and Distressed Debt. His most recent seen action was within Morgan Stanley's Markets division.
Before venturing to the greener pastures of HSBC, where he spent over six years, von Kretschmann honed his skills at Deutsche Bank in Frankfurt. Yep, you guessed it—he's been a mainstay with Germany's largest bank for nearly two decades, playing in the Global Markets and Leveraged Finance leagues.
So, who is this Reia Capital, you ask? Established towards the tail end of 2023, they're a European small cap private equity fund-of-funds with an eye for investing in promising European small cap private equity funds. Thomas Weinmann, their CEO and Managing Partner with a résumé that includes Astorius and BC Partners, is calling the shots.
The team at Reia is aiming to raise a cool 100 million euros. And if you're thinking of joining the party, you'll need to pony up a minimum investment of 200,000 euros. As for the number of committed capital pledges, they're keeping that juicy bit under wraps.
Now, with approximately 1,200 private equity managers treading the European landscape, there's plenty of fish in the sea,right? About 200 to 300 of those greedy sharks are always on the hunt for fresh capital. But Reia has a careful eye and only eats 8 to 12 managers per fund, which translates to roughly 2 to 3% of the private equity managers currently fundraising.
General Investment Focus and Strategy for Private Equity Fund-of-Funds
- Investment Approach:Ahoy matey! Private equity fund-of-funds typically snatch up a variety of underlying private equity funds as opposed to investing directly in companies. This method allows for a diverse portfolio that spans multiple strategies, geographies, and industries.
- Diversification:Pirates of the portfolio, unite! Fund-of-funds aim to reduce risk by investing in a mishmash of diverse fund managers and strategies, including venture capital, buyout funds, growth equity, and secondary investments.
- Geographic Focus:With small caps being their treasured booty, it's likely that Reia invests in funds that target European companies boasting growth potential and strategic opportunities.
- Small Cap Strategy:Walk the plank, or invest in companies with strong growth or turnaround potential? Small cap investments can be risky, but the rewards? Oh, ye forsooth, they can be substantial.
- Sectorial Focus: While Reia's sectorial preference hasn't been publicly disclosed, many European funds cast their nets in technology, healthcare, and industrial goods—sectors where innovation and growth opportunities abound.
If you're after worrying about the specifics of Reia Capital's investment strategy, you might want to set sail for their official website or raise the anchor and drop a line directly to them. Arrrr!
- Oskar von Kretschmann, formerly of Morgan Stanley, has been appointed as Managing Director for investor relations at Reia Capital, a European small cap private equity fund-of-funds.
- In his new role, von Kretschmann is expected to leverage his extensive experience in banking, including Fixed Income, Leveraged Finance, Structured Finance, Private Debt, Alternative Investments, and Distressed Debt.
- Reia Capital, established in late 2023, is aiming to raise 100 million euros, and according to their investment strategy, they focus on investing in promising European small cap private equity funds.
