Heliad AG

Heliad Management GmbH, based in Frankfurt am Main, Germany, is a private equity firm that focuses on investments in both listed and unlisted companies primarily within German-speaking countries. The firm specializes in late-stage, growth capital, and pre-IPO investments, targeting medium-sized enterprises, disruptive business models, and restructuring opportunities. Heliad does not invest in startups or early-stage companies, concentrating instead on established businesses with sound fundamentals that may require strategic guidance or restructuring. The firm has a notable emphasis on sectors such as internet and technology, e-commerce, life sciences, and media. Heliad employs a unique investment strategy that seeks to identify "special situations" where its active management and extensive network can significantly enhance company value. Additionally, the firm operates as an "evergreen" vehicle, providing flexibility in investment decisions and allowing for continuous equity without the constraints of traditional fund outflows. Founded in 1999, Heliad has consistently aimed for above-average returns through a proactive and engaged approach to management and investment.