Wermuth Asset Management

Wermuth Asset Management (WAM) is a German family office and BaFin-regulated investment adviser that focuses on generating high risk-adjusted financial returns alongside a positive environmental impact. The firm positions itself at the center of the green industrial revolution, identifying macro trends and developing expertise to capitalize on disruptive technologies that deliver both financial gains and environmental improvements. WAM takes strategic positions across various asset classes, with a particular emphasis on growth-stage private equity in European companies.

The firm was incubated as a family office in 1999 by Jochen Wermuth, who became its Founding Partner and Chief Investment Officer after a career that included a directorship at Deutsche Bank. WAM has since evolved into a comprehensive asset manager, leveraging its deep understanding of sustainable investments. Jochen Wermuth's early involvement in clean technology investments, starting in 2000 with solar power, underscores the firm's long-standing commitment to the green economy.

Wermuth Asset Management manages several platforms, including Green Growth Fund 2 (GGF2), which invests in European growth companies with a dual mandate of high returns and environmental benefit. The firm is also a co-founder and partner of the Climate Endowment Group, offering sector-specific funds like the “Climate Endowment Run-of-the-river Hydropower Fund” and a broader “Climate Endowment Fund” that employs an endowment-style investment approach across all asset classes with a climate impact focus. Notable investments include Gazelle Wind Power, Re-Fresh Global, Hardt Hyperloop, and Nexwafe.

The team at WAM comprises dedicated professionals with extensive track records in finance and industry. Key individuals include Jochen Wermuth, the founder and CIO, who brings over two decades of investment experience. Other team members like Polina Burnos contribute expertise in private equity and venture capital within the resource and energy efficiency sector, while Eric Fondecave offers vast experience in corporate finance, M&A, and private equity structuring. The firm also benefits from in-house economic and geopolitical analysis to identify global trends and opportunities.