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Berggruen Holdings

North America, New York, United States, New York

Description

Berggruen Holdings is a private investment firm founded by billionaire investor Nicolas Berggruen, operating from New York, United States. The firm distinguishes itself through a highly opportunistic, long-term, and often contrarian investment philosophy. Rather than adhering to a strict asset allocation, Berggruen Holdings takes a flexible approach, deploying capital across a diverse range of asset classes globally, including public equities, private equity, and a significant focus on real estate. This strategy allows the firm to capitalize on undervalued opportunities and distressed assets, often entering markets or sectors that others might overlook.

The firm's investment strategy is deeply rooted in value creation, seeking out situations where fundamental value is not reflected in current market prices. Nicolas Berggruen, with an estimated net worth of approximately $1.7 billion, leverages his substantial capital to make significant, patient investments. Berggruen Holdings is known for its ability to execute complex transactions, such as the acquisition and restructuring of the German department store chain Karstadt, where it played a pivotal role in its turnaround. Their real estate portfolio, in particular, has seen investments often reaching into the hundreds of millions of dollars, reflecting their capacity for large-scale capital deployment.

While not a traditional venture capital fund, Berggruen Holdings' private equity arm engages in direct investments in companies, often taking substantial stakes. Their "first cheque" sizes are highly variable, reflecting the breadth of their mandate, from strategic minority investments in private companies to outright acquisitions of businesses or major property portfolios. The firm's long-term horizon means they are not pressured by typical fund cycles, allowing them to hold investments for extended periods to maximize returns. This unique structure, essentially managing the founder's personal wealth, provides immense flexibility and a distinct advantage in pursuing unconventional opportunities across the global investment landscape.

Investor Profile

Berggruen Holdings has backed more than 25 startups, with 0 new investments in the last 12 months alone. The firm has led 3 rounds, about 12% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Private Equity, Series A rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, India.
  • Strong thematic focus on Software, Information Technology, Artificial Intelligence (AI).
  • Typical check size: $5M – $250M.

Stage Focus

  • Seed (36%)
  • Private Equity (20%)
  • Series A (16%)
  • Series B (12%)
  • Series Unknown (12%)
  • Series C (4%)

Country Focus

  • United States (52%)
  • United Kingdom (20%)
  • India (16%)
  • Germany (4%)
  • Australia (4%)
  • Canada (4%)

Industry Focus

  • Software
  • Information Technology
  • Artificial Intelligence (Ai)
  • Transportation
  • Biotechnology
  • Machine Learning
  • Fintech
  • Mobile
  • Payments
  • Therapeutics
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Berggruen Holdings frequently co-invest with?

BACKED VC
Europe, England, United Kingdom, London
Co-Investments: 3
Possible Ventures
Europe, Bayern, Germany, Munich
Co-Investments: 2
Crane Venture Partners
Europe, England, United Kingdom, London
Co-Investments: 2
Helion Venture Partners
Africa, Port Louis, Mauritius, Port Louis Town
Co-Investments: 2
Social Capital
North America, California, United States, Menlo Park
Co-Investments: 3
Beast Ventures
North America, California, United States, Los Angeles
Co-Investments: 1
DCVC
North America, California, United States, San Francisco
Co-Investments: 2
Acequia Capital (AceCap)
North America, Washington, United States, Seattle
Co-Investments: 3
Founders Fund
North America, California, United States, San Francisco
Co-Investments: 2
ARCH Venture Partners
North America, Illinois, United States, Chicago
Co-Investments: 2

Which angels does Berggruen Holdings often collaborate with?

AB
Europe, England, United Kingdom, London
Shared Deals: 1
JF
North America, Utah, United States, Orem
Shared Deals: 1
MM
North America, California, United States, San Francisco
Shared Deals: 1
BS
North America, New York, United States, New York
Shared Deals: 1
CC
North America, Texas, United States, Wylie
Shared Deals: 1
TM
North America, California, United States, Santa Monica
Shared Deals: 1
MH
North America, California, United States, San Francisco
Shared Deals: 1
AA
North America, Texas, United States, Austin
Shared Deals: 1
CS
North America, Washington, United States, Kirkland
Shared Deals: 6
JF
North America, Massachusetts, United States, Boston
Shared Deals: 1

What are some of recent deals done by Berggruen Holdings?

Fusion Transport

Glen Rock, New Jersey, United States

Fusion Transport offers domestic and international supply chain services and solutions.

Freight ServiceSupply Chain ManagementTransportationWarehousing
Private EquityAug 1, 2023
Story Protocol

Bellevue, Washington, United States

Story Protocol is a creator of web3 technology that aims to change the way narrative universes are formed.

BlockchainInformation TechnologyInternetIT InfrastructureWeb3
SeedMay 17, 2023
Amount Raised: $29,300,000
Thunder Funding

Carlsbad, California, United States

Thunder Funding provides fleet owner-operators with fuel advances, fuel cards, insurance, compliance, and more.

Freight ServiceTransportation
Private EquityJan 1, 2023
iLoF

London, England, United Kingdom

iLoF is a digital health company pioneering a breakthrough AI-platform to accelerate the future of personalized medicine.

Artificial Intelligence (AI)BiotechnologyHealth CareHealth DiagnosticsMachine LearningMedical DevicePrecision Medicine
SeedJul 28, 2022
Amount Raised: $4,100,000
prePO

Sydney, New South Wales, Australia

prePO is a decentralized pre-IPO and pre-token trading platform.

BlockchainCryptocurrencyEthereumFinancial ServicesFinTechInternetPrediction MarketsSoftware
SeedMar 23, 2022
Amount Raised: $2,100,000
Marvel Fusion

Munich, Bayern, Germany

Marvel Fusion is a developer of fusion energy technology used to offer environment-friendly and safe energy.

ElectronicsEnergyLaser
Series AFeb 3, 2022
Amount Raised: $40,024,426
MobileCoin

San Francisco, California, United States

MobileCoin is a cryptocurrency platform that provides anti-fraud services and payment systems for merchants.

CryptocurrencyFinTechMobilePayments
Series BAug 18, 2021
Amount Raised: $66,000,000
Firebird Grove

New York, New York, United States

Firebird Grove is a real estate investment group that buys, modernizes, and operates medium- to large-scale assets.

Asset ManagementReal EstateReal Estate Investment
Private EquityJan 1, 2020
PHENOMENON

Los Angeles, California, United States

PHENOMENON is an ideation company that helps brands innovate, generate big ideas, improve experiences, and become part of popular culture.

AdvertisingInnovation Management
Private EquityJul 24, 2019
Clearco

Toronto, Ontario, Canada

Clearco is an online financial platform that provides growth capital to e-commerce and B2B companies.

B2BE-CommerceFinancial ServicesFinTechFunding Platform
Series ANov 11, 2018
Amount Raised: $70,000,000