Category: News

Financial News

  • Convexity becomes part of the Luxcara Group

    Hamburg, August 27, 2024

    Luxcara, one of Europe’s leading asset managers for clean energy infrastructure projects, acquires Berlin-based Convexity GmbH & Co. KG. Convexity is a financial institution regulated under the Federal Financial Supervisory Authority (BaFin) and licensed to provide investment brokerage, investment advice and financial portfolio management.

    Following the integration of Convexity into the Luxcara Group, Founder and Senior Partner, Friedrich von Nathusius, will continue to manage the company for a transitional period of several years with his extensive experience from Morgan Stanley, Citigroup Asset Management and European Asian Bank, among others. In doing so, he will be able to draw on the expertise and resources of the Luxcara Group. The transition will take place with the approval of the German Federal Financial Supervisory Authority and concludes a familiarization and review phase lasting several months.

    With this type of succession plan, Convexity founder, von Nathusius, is ensuring the continued excellent support of his clients after 20 successful years. The company’s product range is to be successively developed in order to offer existing and new customers attractive investment opportunities, particularly in the area of sustainable investments in favor of the energy transition.

     

    Nils Driemeyer, Finance Director at Luxcara: “With Convexity, we have found the ideal partner for Luxcara’s strategic growth. By joining forces, we are strengthening the group and will be able to better meet the needs of institutional investors who want to invest in clean energy infrastructure in Europe and thus contribute to the success of the energy transition.”

     

    Friedrich von Nathusius, Founder and Senior Partner of Convexity: “We share the same understanding of values with the Luxcara Group. The discussions were extremely constructive and it became clear that our product ranges complement each other perfectly and, above all, that our understanding of consulting fits together. Luxcara is the ideal partner when it comes to continuing Convexity’s successful development in the future.”

     

    About Convexity

    Convexity was founded in Kronberg in 2004 and focuses on sustainable, long-term support for institutional investors in German-speaking countries. The products include investments in bond and equity markets, private equity and debt. Initially, the focus was on cooperation with foreign partners in order to provide them with high-quality access to a network of discerning clients. Convexity has been operating from Berlin since 2013. Further details can be found at www.convexity.de.

     

    About Luxcara

    Luxcara is an independent asset manager offering equity and debt investment opportunities to international investors in the global clean energy infrastructure market. The Hamburg-based company acquires, structures, finances and operates clean infrastructure projects with a long-term, buy-build-operate approach for the clean energy transition. Luxcara’s longstanding focus on unsubsidized markets has made the company one of Europe’s most prominent investors in projects with long-term power purchase agreements.

    The company’s portfolio includes clean energy infrastructure across Europe. Their track record, dating back to 2009, makes Luxcara one of the continent’s most experienced asset managers for clean energy investments.

    Follow us at www.luxcara.com or on www.linkedin.com/company/luxcara/

  • Convexity and the “IHK”

    In April 2022 I told you about the forthcoming elections of the local Chamber of Commerce (“IHK”) in Berlin. I also begged not to ignore the election. The last election in 2017 had a participation rate of just more than 9% of the 315.000 eligible companies. To me, that was appalingly low. I tried to motivate people but failed.  The turnout this year was even lower at just over 6%. Any democracy that has such a turnout for their general election would be highly embarrassed.

    I also did not manage to get more than 332 votes. I missed by just 100.

    In any case the real winner is the IHK itself. Yet another person seeking major reforms at this institution in Berlin has failed to win a seat. Now, all of the 300 employees of the IHK may continue their jobs for the next five years and see the eyes roll backwards of anyone talking about the IHK Berlin…

  • Convexity hitting Berlin !!!

    In 2014, Convexity moved to the centre of gravity (at least political) in Germany – Berlin and is up and running in this exciting city. It is so exciting you might have been wondering why we did not move here sooner…

    Our address is

    Hubertusbader Strasse 24

    14193 Berlin

    and on google maps you’ll find us here

    Telefon : +49 (0) 30 8200 1429 11

    Fax          : +49 (0) 30 8200 1429 19

    We are now able to offer truly local services to non-resident investors. Do get in touch if you need someone trustworthy to look after your interests in a local venture or other investment.

     

     

  • Convexity R4 back home

    R4R4R4R4R4

     

     

    The Convexity sponsored R4 has now returned home. Driver, Co-Pilot and the car in wonderful conditions. R4Lots of fond memories taken home and lots of school supplies left behind in MoroccoR4