Principles

Long term

As a family office, we have a capital base that is permanent: we do not have to turn over assets, we have no maturities - our mandate is to permanently increase the family’s capital base while avoiding risks.

That is why we assume that every investment will be permanent. In the area of Family Equity, our holding period is de facto permanent - the last sale took place in 1999. In the stock business, we part with investments somewhat more easily because the company is not affected by this.

Because we hold our investments permanently, we support all plans that strengthen companies in the long term. That is why we train people and invest in innovations.

Decentralised

We are convinced that decentralized management with delegation of responsibility keeps companies agile in the best possible way: it creates motivated employees, and they are the most important asset - even if it does not appear on the balance sheet!

Decentralization is most successful when combined with a leadership culture that provides employees with clear expectations regarding their roles and goals.

Entrepreneurial

The first two principles are more conservative - the third principle "entrepreneurial" - describes our concern that our companies are among the best in their industry. If required, we contribute a great deal of experience in "best practice" from many areas. We expect our holdings to grow at least 5 percentage points faster than the market and thus gain market share - this is how our customers objectively confirm that we are well positioned.