Key Takeaways
- • Perpetual Investors, a Munich-based single-family office founded in 2015 as the investment office of Bavaria's Wilsdorf family, holds around €1bn in private market assets, according to chief investment officer Christian Wiehenkamp in a PEI interview.
- • Roughly half of the family office's private markets portfolio, about €500m, is allocated to private equity.
- • The office now also services entrepreneurs and other family offices, not only the founding family.
Summary
Perpetual Investors, a German family office, holds around €1bn in private market assets, with half of that total invested in private equity, chief investment officer Christian Wiehenkamp told Private Equity International (PEI) in its "Meet the LP" series, published 6 November 2025.
The Munich-based single-family office was founded in 2015 as the investment office of the Wilsdorf family in Bavaria. According to publisher profiles, the firm has since expanded to service entrepreneurs and other family offices alongside the founding family. It describes its approach as making alternative investments with a long-term focus and private markets at the core of its portfolio.
The article's primary coverage centres on the office's private market allocation and its private equity programme. Based on the interview framing, private equity accounts for the larger share of that exposure, with the remainder spread across other private market strategies. Further detail on individual fund commitments, strategies and manager relationships is not available in the source material reviewed.
The profile is part of PEI's broader series examining limited partners, which has recently covered other family offices and institutional investors, including Raffles Family Office and Gresham Partners.
The Munich-based single-family office was founded in 2015 as the investment office of the Wilsdorf family in Bavaria. According to publisher profiles, the firm has since expanded to service entrepreneurs and other family offices alongside the founding family. It describes its approach as making alternative investments with a long-term focus and private markets at the core of its portfolio.
The article's primary coverage centres on the office's private market allocation and its private equity programme. Based on the interview framing, private equity accounts for the larger share of that exposure, with the remainder spread across other private market strategies. Further detail on individual fund commitments, strategies and manager relationships is not available in the source material reviewed.
The profile is part of PEI's broader series examining limited partners, which has recently covered other family offices and institutional investors, including Raffles Family Office and Gresham Partners.
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