ACTIVUM SG CAPITAL MANAGEMENT LIMITED

Thesis

ActivumSG Capital Management Limited is a European real estate investment manager founded in 2007, focusing on opportunistic and value-add strategies. They employ a contrarian, vertically integrated approach, seeking mid-market opportunities overlooked by larger investors, leveraging local knowledge and in-country presence. Their strategy includes direct investments, corporate platforms, and special situations across the capital stack. While historically focused on Germany, they have expanded across Europe with professionals in Germany, Spain, the UK, the Netherlands, and Denmark. Their thematic focus is on accommodation sectors: residential, hospitality, and elderly care, with successes in scaling entrepreneurial businesses. Recent initiatives include a UK PBSA platform targeting over £500 million GAV and a significant presence in Spanish hotel-branded residences. They manage discretionary capital for global institutional investors, having raised close to €3 billion in equity across multiple vehicles, with their ecosystem advising on over €10 billion in real estate investments. Activum SG Real Estate Fund II (2011 vintage) was $352 million, and Activum Fund VII (closed Dec 2021) raised €539 million. They operate as an Exempt Reporting Adviser with the SEC and are regulated by the Jersey Financial Services Commission.