
New German GP Rantum Capital targets mid-market
A group of German businessmen, including former Morgan Stanley Germany CEO Dirk Notheis, have founded a new private equity firm named Rantum Capital.
Other founders of Rantum include Joachim Hunold, founder of the German airline Air Berlin; former BDI head Michael Rogowski; Wolfgang Hartmann, chairman of the Institute for Risk Management and Regulation in Frankfurt; TRIMET founder Heinz Peter Schlueter; Hans-Joachim Koerber, former CEO of Metro and chairman of Air Berlin; Lothar Steinebach, previously CFO of Henkel; and Karlheinz Koegel, founder and president of Media Control and L'TUR.
Marc Pahlow, formerly with Carlyle, and Fritz Koop, formerly active in WestLB's mid-market funds, will join Notheis as managing directors of Rantum.
Rantum's board will comprise the founders, as well as Juergen Harder, founder and CEO of JB Harder Group; Dirk Schmalenbach, partner at Freshfields Bruckhaus Deringer; Roman Kainz, founder and CEO of the Euro-China Group; Hendrik Borggreve, previously CEO of Kleinwort Benson Germany; and Burchard von Arnim, founder and CEO of von Arnim Private Consulting.
The firm is looking to raise around €200m for its first fund, Rantum Capital Mittelstandskapital I. The GP is targeting institutional investors and family offices to invest in the fund.
The new GP is named after a town on German island Sylt in the North Sea.
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