HV Capital Manager Gmbh
Multi-stage venture firm, based in Munich, Bavaria, reporting $4.3B of fund assets on its funds' Form ADV filings.
Composed from this organization's classification, location and filed figures.
6 additional team members, 19 additional co-investors and affiliates, 25 additional investments, funds and LPs, 9 events, 1 verified contact (1 firm phone)
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- 3 dealswith Notion Capital
Invests most often alongside Notion Capital (3 shared deals) and Project a (2 shared deals).
pair last observed on record 1 Oct 2026, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.
Measuredshared rounds and portfolio companies on recordFor Founders building a round, co-investorsCo-investors →
People to know
View all people- Managing DirectorWhy: Managing directorNo route on file yet
- Managing DirectorWhy: Managing directorNo route on file yet
- Managing DirectorWhy: Managing directorNo route on file yet
Relationship network
60 connected entities
From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.
- Sponsor
- Company
- Capital provider
- Fund or vehicle
- Person
›How strength and recency are read
Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
How am I connected?
Name your firm, a company or a person, and DFX finds the published routes to HV Capital Manager Gmbh: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.
See how you connect to HV Capital Manager Gmbh
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
18 companies on record, 0 new in 12 months
Investments on record
What these amounts mean“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.Acquired, Public, Exited and Active are what the firm’s own portfolio card says, read on the date shown when you hover the chip; they are not deal dates. A company with no chip is one whose card states no outcome: DFX does not assume it is active.| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| AMI Labs | portfolio listing | unknown | unknown | unknown | unknown | Oct 1, 2026 | Fact Firm website |
| Delivery Hero | portfolio listing | unknown | unknown | unknown | unknown | Oct 1, 2026 | Fact Firm website |
| Depop | portfolio listing | unknown | unknown | unknown | unknown | Oct 1, 2026 | Fact Firm website |
Stated thesis versus observed behaviour
- Sectors
- ai, enterprise software, fintech, consumer, deep tech, hardware, robotics, space, defense, cybersecurity, industrial, quantum
- Stages
- not stated or not yet read
- Geography
- europe
- Check size
- not stated; DFX does not estimate checks from round sizes
Team
19 current, 15 departed
Decision makers
- Andreas Wisser · Managing DirectorWhy this person: Managing director; Named with investment responsibility
- Christian Wilhelm Saller · Managing DirectorWhy this person: Managing director; Named with investment responsibility
- Daniel Bertele · Managing DirectorWhy this person: Managing director; Named with investment responsibility
Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.
Investment team
How the team is orderedPartners who lead rounds first (rounds led, then deals attributed, then seniority), then the rest of the investment team, then investor relations, finance and operations. A person named by two sources under two spellings is shown once.- Managing Director
- Managing Director
- Managing Director
2 departed (kept with end dates)
- Christoph Jung · Managing Director · Aug 1, 2018 to Mar 26, 2026 Fact
- Martin Weber · Managing Director · Aug 1, 2018 to Mar 26, 2026 Fact
Contacts
1 firm phone on record, each with its source. Values open with the complete profile.
Funds and LPs
10 vehicles, 1 LPs disclosed
Funds and vehicles
What these amounts meanGAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| HV Capital Fund Ix Growth Gmbh & Co. Geschlossene Investment Kg | Growth fund | 2023 adv first reported | Active deployment | $805M Mar 26, 2026 | 37 | $0 of $426M | Dec 16, 2022 |
| HV Capital Fund Ix Ventures Gmbh & Co. Geschlossene Investment Kg | Fund | 2023 adv first reported | Active deployment | $663M Mar 26, 2026 | 56 | $0 of $426M | Dec 16, 2022 |
| HV Capital Coco Growth Fund Gmbh & Co. Geschlossene Investment Kg | Growth fund | 2023 adv first reported | Active deployment | $662M Mar 26, 2026 | 36 | unknown | unknown |
Limited partners
- 3 commitments to 3 funds · $73.5M disclosed
Known LPs and allocators
What these amounts and dates areEach commitment is counted once across the pension tape and the allocator graph. A commitment date prints only when the source printed one; otherwise the row carries the report date. A foundation’s 990-PF line is a holding at fair value, never a commitment. Rows without a fund on the venture graph are commitments to this manager.| Allocator | Type | Fund | Amount | Date | Source |
|---|---|---|---|---|---|
| Alaska Permanent Fund Corporation | SOVEREIGN LINKED US ALLOCATOR | HV Holtzbrinck Ventures Fund Viii Feeder Limited | $37.6M committed | reported as of Dec 31, 2025 | Fact Pension disclosure |
| Alaska Permanent Fund Corporation | SOVEREIGN LINKED US ALLOCATOR | HV Holtzbrinck Ventures Fund VII Feeder Ltd. | $27.1M committed | reported as of Dec 31, 2025 | Fact Pension disclosure |
| Alaska Permanent Fund Corporation | SOVEREIGN LINKED US ALLOCATOR | HV Capital Fund Ix Growth Gmbh & Co. Geschlossene Investment Kg | $8.8M committed | reported as of Dec 31, 2025 | Fact Pension disclosure |
Relationships across DFX
22 co-investors · on 1 other DFX graph
Co-investors
- 2026-10-013 shared deals · recurring
- 2026-10-012 shared deals · recurring · this firm led 1
- 2026-10-011 shared deal · one time
Compare portfolios with Notion Capital, Project a, Target Global Selected Opportunities LP or any firm. Co-investors across the market
Across DFX and the capital chainon 1 other DFX graph · 26 capital paths ShowHide
- The same institution is held on Allocators, matched by identifier. See which records
HV Capital Manager Gmbh is the same institution as 1 record in Allocators.
The joined record opens with the product, beside every other relationship on this page.
Checking your plan…
HV Capital Manager Gmbh sits on 26 traced paths of capital across the graphs.
DFX traced 26 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Evidence and history
14 dated events, 52 observations from 3 sources
Timeline
- Mar 26, 2026Christoph Jung (Managing Director) no longer on Schedule A of HV Capital Manager Gmbh
- Mar 26, 2026Martin Weber (Managing Director) no longer on Schedule A of HV Capital Manager Gmbh
- Mar 30, 2023HV Capital Fund Ix Ventures Gmbh & Co. Geschlossene Investment Kg first reported on Form ADV by HV Capital Manager Gmbh (Venture Capital Fund)Fund first reported on Form ADVFundsFactHV Capital Fund Ix Ventures Gmbh & Co. Geschlossene Investment KgForm ADV
- Mar 30, 2023HV Capital Fund Ix Growth Gmbh & Co. Geschlossene Investment Kg first reported on Form ADV by HV Capital Manager Gmbh (Venture Capital Fund)Fund first reported on Form ADVFundsFactHV Capital Fund Ix Growth Gmbh & Co. Geschlossene Investment KgForm ADV
- Mar 30, 2023HV Capital Coco Growth Fund Gmbh & Co. Geschlossene Investment Kg first reported on Form ADV by HV Capital Manager Gmbh (Venture Capital Fund), GAV $657,347,119Fund first reported on Form ADVFundsFactHV Capital Coco Growth Fund Gmbh & Co. Geschlossene Investment KgForm ADV
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 26, 2026 · 10 private fundsShowHide
- Headquarters
- Munich, Bavaria, Germanyadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- hvcapital.com
- SEC adviser type
- Exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- Private fund adviseradviserinfo.sec.gov
- Latest Form ADV
- Mar 26, 2026
- Private funds reported
- 10 (10 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $4.3Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Owners on Schedule A
- HV Capital Holding Gmbh & Co. Kg (Shareholder), owns 75% or more; HV Capital Gmbh (Shareholder), owns 75% or more
Classification history
Classification history
Every classification this record has carried2 on recordShowHide
- Sep 23, 2026Multi-stage venture firm (probable, 80%)Both early and growth/opportunity families, reported GAV $4.3B
- Sep 12, 2026Multi-stage venture firm (probable, 80%)Both early and growth/opportunity families, reported GAV $3.5B
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| SEC exemption claimed | Private fund adviser | Mar 26, 2024 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 26, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 26, 2024 | Fact | Form ADV |
| First Form ADV filing | 2020-01-17 | Mar 26, 2026 | Fact | Form ADV |
| First Form ADV filing | 2020-01-17 | Mar 26, 2024 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-30 | Oct 1, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-29 | Sep 30, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-25 | Sep 26, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-23 | Sep 24, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-21 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-22 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-26 | Mar 26, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-03-26 | Mar 26, 2024 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 26, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Mar 26, 2024 | Fact | Form ADV |
| Business phone | Mar 26, 2024 | Fact | Form ADV | |
| Contact page url | Oct 1, 2026 | Fact | ||
| Contact page url | Sep 16, 2026 | Fact | ||
| Headquarters | Munich, Bavaria, Germany | Mar 26, 2024 | Fact | Form ADV |
| Office address | Mar 26, 2024 | Fact | Form ADV | |
| Legal form | Corporation | Mar 26, 2024 | Fact | Form ADV |
| Portfolio page | Oct 1, 2026 | Fact | ||
| Portfolio page | Sep 16, 2026 | Fact | ||
| Portfolio page | Sep 15, 2026 | Fact | ||
| Private funds reported | 10 | Mar 26, 2026 | Fact | Form ADV |
| Private funds reported | 10 | Mar 26, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $4.3B | Mar 26, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $3.5B | Mar 26, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Mar 26, 2026 | Fact | Form ADV |
| Stated geography | europe “geography words on the home page” | Oct 1, 2026 | Fact | |
| Stated geography | europe “geography words on the home page” | Sep 16, 2026 | Fact | |
| Stated geography | europe “geography words on the home page” | Sep 15, 2026 | Fact | |
| Stated sectors | AI, enterprise software, fintech, consumer, deep tech, hardware, robotics, space, defense, cybersecurity, industrial, quantum “sector words on the home page” | Oct 1, 2026 | Fact | |
| Stated sectors | AI, enterprise software, fintech, consumer, deep tech, hardware, robotics, space, defense, cybersecurity, industrial, quantum “sector words on the home page” | Sep 16, 2026 | Fact | |
| Stated sectors | AI, enterprise software, fintech, consumer, deep tech, hardware, robotics, space, defense, cybersecurity, industrial, quantum “sector words on the home page” | Sep 15, 2026 | Fact | |
| Team page | Oct 1, 2026 | Fact | ||
| Team page | Sep 16, 2026 | Fact | ||
| Team page | Sep 15, 2026 | Fact | ||
| Venture funds reported | 10 | Mar 26, 2026 | Fact | Form ADV |
| Venture funds reported | 10 | Mar 26, 2024 | Fact | Form ADV |
| Website | Mar 26, 2024 | Fact | Form ADV | |
| Site title | Oct 1, 2026 | Fact | ||
| Site title | Sep 16, 2026 | Fact | ||
| Site title | Sep 15, 2026 | Fact |
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, probable · 2 filing advisers share this firmShowHide
Both early and growth/opportunity families, reported GAV $4.3B
This firm files as 2 advisers on hvcapital.com: HV Capital Adviser Gmbh. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.
- importance
- gav: 0.8 · funds: 0.83 · people: 0.48 · investments: 0.47 · co investors: 0.54
- active deployment
- investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: not scored
- emerging manager
- fund count: 10 · reported gav: $4.3B · first adv filing: 2020-01-17 · years since first filing: 6.7
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Record history
- Adviser's first ADV filing2020-01-17source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.