Maschmeyer considers opening up his funds

Carsten Maschmeyer is considering opening up his private funds to others. The main aim of the announcement is to gauge investor interest, with the earliest date for opening up being the end of the year.

Carsten Maschmeyer surprises with new plans: he announced to Handelsblatt that he wants to open up his private funds. So far, only one of three financing vehicles is open to other investors. Maschmeyer apparently wants to change that soon. "I have to think about it: How much of an advantage is it to take on other interested investors - and what does our company gain from this?", Maschmeyer told Handelsblatt.

Maschmeyer currently has three financing vehicles. Growth capital provider Alstin Capital, in whose Alstin II fund a total of 30 partners are involved, is already open to investors. He also runs Seed+Speed and the US company Maschmeyer Group Ventures (MGV). Both could open up to investors in the future, but with one exception. This is because Seed+Speed invests primarily in the early stages of start-ups, which is also where his investments from the TV show "Höhle der Löwen" are located. Maschmeyer told Handelsblatt that he would like to continue deciding on these quick investments alone.

A possible opening could take place as early as the end of the year or the beginning of 2022. Maschmeyer would benefit from the investors' money and could significantly increase the size of his funds, but he would also have to share the returns. Future partners could, for example, be companies or larger corporations that have previously lacked access to young companies.