Nordcapital

Nordcapital GmbH (stylized NORDCAPITAL) is a Hamburg-based emissions house (issuer) and asset manager for closed-end funds. Founded in 1992 by Erck Rickmers and his brother Bertram Rickmers, both members of the shipbuilding and shipping family Rickmers, the company grew into one of Germany's leading providers of closed-end ship funds. From 1992 to the end of 2015, Nordcapital invested approximately €6.8 billion across 140 closed-end funds. Its largest business area is ship financing; in 2011 it was the largest provider of closed-end ship funds in Germany by placed equity, placing €87.4 million of equity that year. Nordcapital structures and places closed-end funds for private and institutional investors, covering shipping, real estate, private equity, renewable energy, energy supply and secondary-market funds. It also provides asset management for third-party fund providers and investor services through Nordcapital Treuhand. In 2014 it became a registered capital management company (KVG) for alternative investment funds (AIF). In January 2008 the business was restructured under a holding company, E.R. Capital Holding, which grouped three operating companies: Nordcapital, the shipping company E.R. Schiffahrt and the fund house equitrust. In 2020, the investment manager QUEST Funds took over Nordcapital's real estate fund portfolio, comprising 15 funds with office properties in Germany and Benelux, around 265,000 m² and an investment volume of €1.2 billion. Nordcapital remains headquartered at Warburgstraße 50 in Hamburg.

Nordcapital was founded in 1992 by Erck Rickmers and his brother Bertram Rickmers, members of the Rickmers family whose shipping company has been active in shipbuilding and seafaring since 1834. In 1996 Bertram Rickmers left Nordcapital, and Erck Rickmers led the company alone from then on. In 1998, the shipping company E.R. Schiffahrt emerged from Nordcapital, initially focusing on the operation and chartering of container ships. In January 2008 the company was restructured: under the umbrella of a holding company, E.R. Capital Holding, Rickmers formed three operating companies: Nordcapital, E.R. Schiffahrt and the fund house equitrust. From 1992 to the end of 2015, Nordcapital invested approximately €6.8 billion in 140 closed-end funds. Its largest business area is ship financing. In 2011, Nordcapital was the largest provider of closed-end ship funds in Germany measured by placed equity capital, placing €87.4 million of equity that year. As of the end of 2015, it had six business areas: Nordcapital Emissionshaus (structuring and placing the equity portion of closed-end funds), Nordcapital Investment (a registered capital management company for alternative investment funds since 2014), Nordcapital Shipping (asset management of ship funds), Nordcapital Alternative Assets (asset management in real estate, energy supply, renewable energy and private equity), Nordcapital Externe Fondsmanagement (asset management for fund providers outside the Nordcapital Group) and Nordcapital Treuhand (investor services). In 2019, a Nordcapital fund sold the Baker McKenzie office building in Amsterdam. In 2020, the investment manager QUEST Funds took over Nordcapital's real estate fund portfolio, comprising 15 funds with office properties in Germany and Benelux, around 265,000 m² and an investment volume of €1.2 billion, effective 1 April 2020; the asset managers responsible for the real estate funds also moved to QUEST Funds.

• 2020

  QUEST Funds takes over Nordcapital's real estate fund portfolio (15 funds, €1.2 billion) effective 1 April.

• 2019

  Nordcapital fund sells the Baker McKenzie building in Amsterdam.

• 2015

  Cumulative investment since 1992 reaches approximately €6.8 billion across 140 closed-end funds.

• 2014

  Nordcapital Investment becomes a registered capital management company (KVG) for alternative investment funds.

• 2011

  Nordcapital becomes the largest provider of closed-end ship funds in Germany by placed equity, placing €87.4 million.

• 2008

  Restructuring under E.R. Capital Holding, grouping Nordcapital, E.R. Schiffahrt and equitrust.

• 1998

  Shipping company E.R. Schiffahrt emerges from Nordcapital.

• 1996

  Bertram Rickmers leaves Nordcapital; Erck Rickmers leads the company alone.

• 1992

  Nordcapital founded by Erck Rickmers and Bertram Rickmers in Hamburg.

Leading German issuer of closed-end funds, particularly ship funds, offering alternative investments to private and institutional investors.

• Closed-end ship funds

  Nordcapital's largest business area; it was Germany's largest provider of closed-end ship funds by placed equity in 2011.

• Real estate funds

  Office properties in Germany and Benelux; portfolio of 15 funds with around 265,000 m² and €1.2 billion investment volume taken over by QUEST Funds in 2020.

• Private equity funds

  Part of Nordcapital Alternative Assets.

• Renewable energy funds

  Part of Nordcapital Alternative Assets.

• Energy supply funds

  Part of Nordcapital Alternative Assets.

• Secondary market funds

  Traded on the secondary market.

1. 1Kapitalanlage | Sachwertanlage | Geschlossene Fonds | Schiffsfonds - Nordcapitalnordcapital.com
2. 2Nordcapital - QUEST Funds übernimmt Fondsportfolio in Höhe von 1,2 Mrd. Euronordcapital.com
3. 3Nordcapital - Nordcapital-Fonds verkauft Baker McKenzie Gebäude in Amsterdamnordcapital.com
4. 4Nordcapital - Neues von Nordcapitalnordcapital.com
5. 5Nordcapitalde.wikipedia.org
6. 6Nordcapitalwikidata.org