Campbell Lutyens continues office opening spree with Munich bureau

The DACH region has been home to several active contributors to continuation fund deals in recent years.

Campbell Lutyens has opened an office in Germany – the second global office opening it has disclosed in the space of two weeks – in response to growing demand from clients and investors in the DACH region.

The London-headquartered advisory firm and placement agent has opened an office in Munich, according to a statement. Managing director Lukas Neubauer, who joined the firm in 2021 on its fund placement team, will lead the office, a spokesperson for Campbell Lutyens told Secondaries Investor.

The Germany office is the firm’s third in Europe after London and Paris and will support its fund placement, secondaries advisory and GP capital advisory businesses. It comes amid increasing demand from fund managers and investors across the DACH region, according to the statement.

This month Campbell Lutyens said it had opened an office in Australia and had appointed a former Queensland Investment Corporation executive to lead its outpost there. The Melbourne office will support all parts of the firm’s business, including secondaries, a spokesperson told Secondaries Investor at the time.

The Munich office brings the firm’s total office count to 12.

The DACH region has been home to several active contributors to continuation fund deals in recent years. These include AlpInvest PartnersHarbourVest Partners and Pantheon‘s continuation fund with Deutsche Private Equity; Munich-headquartered Emeram Capital Partners’s two single-asset processes; Switzerland-based Ufenau Capital Partners’ two continuation funds; Capvis’s debut continuation fund; and Maguar Capital’s transaction involving HRworks in the first half of this year.