About
With 120m€ AUM Lucina Capital is the main investment vehicle and Family Office responsible for managing the Geef family financial estate.
Split across two divisions (Public Equity, Venture) the fund seeks to protect capital while at the same time taking advantage of uniquely asymmetric risk-return profile opportunities.
Founded in 2012, the team is driven by three guiding principles in all of its investment decisions:
1. Always Valuation Driven: Equities are fractional ownership interests in businesses, and as such the equity of “target” companies is valued from an acquirer’s perspective as if the entire enterprise is being acquired by an informed purchaser.
2. Aware Of Downside Risk: Downside protection is the central component to everything we do. We position ourselves for opportune upside development while always protecting our capital foundation.
3. Seeking Asymmetric Payout Profiles: By combining fundamental valuation work with an honest appraisal of the underlying downside risk, we focus on opportunities with a clear asymmetric risk/return profile where the upside to intrinsic value is a multiple of the downside risk.
Strategies
Public Equity
Venture
Public Equity
The Public Equity division of the Family office is dedicated to identifying mispriced or undervalued opportunities in the public equity markets across 5 strategies:
- Deep Value
- Spin-Offs/Special Situations
- Commodities
- Long Vol
- Tail-Risk Hedging
The team is responsible for managing the majority of the Family Offices capital estate, distributing capital to the funds Venture strategy as asymmetric private opportunities become avalaible.
The Public Equity division is driven by three guiding principles in all of its investment decisions:
1. Always Valuation Driven: Equities are fractional ownership interests in businesses, and as such the equity of “target” companies is valued from an acquirer’s perspective as if the entire enterprise is being acquired by an informed purchaser.
2. Aware Of Downside Risk: Downside protection is the central component to everything we do. We position ourselves for opportune upside development while always protecting our capital foundation.
3. Seeking Asymmetric Payout Profiles: By combining fundamental valuation work with an honest appraisal of the underlying downside risk, we focus on opportunities with a clear asymmetric risk/return profile where the upside to intrinsic value is a multiple of the downside risk.
Chairman of Executive Board:
Chairaman of Investment Committee:
Venture
The Venture division of the Family Office is dedicated to taking advantage of uniquely asymmetric private market financing opportunities as they become available across two distinct strategies:
- Mezzanine Capital
- Venture Capital
Mezzanine Capital: Building on long-standing relationships with other German, Luxembourg and Swiss Family Offices, the strategy engages in opportune co-investment partnerships in attractive Mezzanine Capital investment opportunities across the full capital stack. Working together with our partners, we seek to support proven owners & operators in taking their business operations to the next-level or support in times of stress.
Venture Capital: Providing early-stage financing (Seed, Series A, Series B), the fund seeks to invest only in opportunities where we believe our team is able to provide significant "value-add" through our existing capabilities and expertise in ML DevOps.
Having developed, supported and exited mutliple ventures with AI/ML at its core, the team is able to provide unique insights and support across the full ML DevOps tech-stack (Python, TensorFlow, Scikit-Learn, Docker, Kubernetes).
Chairman of Executive Board:
Chairman of Investment Committee:
LEADERSHIP TEAM
Wilhelmine Christine Geef
Chairman of Executive Board
Fred Geef
Chairman of Investment Committee