German real estate investment manager Bergson Real Estate Capital has sold a minority stake to Geneva-based multi-family office Key Family Partners.
The partnership will provide growth capital to Bergson while enhancing KFP’s access to private-market value-add and opportunistic real estate investments.
Active in the DACH region, Bergson has around €300 mln of total assets under management in Germany and Switzerland.
It specializes in value-add and opportunistic investments, focusing on assets with favourable underlying supply-demand fundamentals and value-add upside.
KFP provides wealth management and advisory services to ultra-high-net-worth individuals and families, providing personalized, pro-active and innovative solutions.
Fabian Godbersen, managing partner of Bergson, said: ‘We are excited to partner with KFP who represent an excellent addition to our network and investor base. Their investment is a testament to the quality of our team and strategy, and we are confident that KFP’s support will enable us to continue making great investments and delivering strong performance in the current environment.’
Morten H. Kielland, co-founder of KFP, added: ‘Our investment in Bergson is aligned with our strategy of identifying high-quality teams and investment opportunities that offer compelling risk-adjusted returns. We are impressed with Bergson’s track record and investment approach and look forward to working closely with their team to support their growth as well as grow ourselves in private real estate.’
