DGAP-News: 51 North Capital GmbH / Key word(s): Funds 
Specialisation Drives Superior Outcomes 
2021-05-04 / 08:04 
The issuer is solely responsible for the content of this announcement. 
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PRESS RELEASE 4 May 2021 
With a growing trend towards specialisation in alternative asset classes, clear differentiation has become key to fund 
managers and investors alike. This trend is being continued in the private placement space by 51 North Capital, an 
independent advisor focused on Germany, Austria and Switzerland - the DACH region. 
The significant and accelerating growth of alternative asset classes continues to encourage specialisation throughout 
the industry. What was once an environment in which LPs had a small allocation to this non-core part of their overall 
portfolio and would pick one or two generalist GPs just to fill the spot, is now a diverse landscape of fund managers 
in which specialisation makes a world of difference. 
GPs have certainly adapted to this, realising that one of the key drivers of success is to differentiate effectively in 
an increasingly competitive environment. Apart from the very successful first-mover generalists who found their place 
in the market early and are holding that position, most other GPs have specialised in one or another direction. Whether 
it be a regional or industry focus, or a development towards a more hands-on approach to active value creation, 
specialisation has become a proven route to success - not only for winning LP commitments but, more importantly, in 
accessing attractive transactions and unlocking value. 
LPs likewise have pursued more nuanced approaches to portfolio construction, picking specialist managers in key niches 
to supplement core holdings. 
This broader trend towards specialisation is also being brought to the fundraising landscape. While many private 
placement firms have established themselves as global generalists and continue to be the right partners for many GPs, 
there is a growing space for advisors with a more targeted approach. 
That is why Christian von Massenbach, former Managing Director in Evercore's private placement group with 
responsibility for the DACH region, and Fabian Pötter, who co-headed one of Europe's largest infrastructure investment 
platforms at Golding Capital Partners, decided to join forces at 51 NORTH - a regionally focused placement agent 
covering LPs in Germany, Austria and Switzerland. 
"As we have seen the alternatives asset space develop over the past decade, the importance of specialisation has become 
increasingly apparant. We've seen it in the GPs we've advised and invested with, respectively, and we're excited to now 
offer the same specialised approach to GPs seeking partners in our region of focus," said Christian von Massenbach, who 
brings over 21 years' experience covering the DACH LP community across private equity, infrastructure and private debt. 
As German nationals who have spent their careers in the region, the Partners pursue a "local-to-local" approach, 
designed to allow complete focus on a market where they have deep, trusted relationships and can offer genuine insight. 
The DACH region has the scale and growth required to support such a dedicated approach, comprising strong economies 
such as Germany - the largest economy in Europe and 4^th largest globally - with an LP market that is well established 
but also growing, through new entrants and expanding alternatives allocations. 
With the background of its founders, 51 NORTH's offering not only includes regionally focused distribution capabilities 
but also a strong strategic advisory component. Working with GPs before their launch allows 51 NORTH to help shape 
their messaging and provide insight into what DACH LPs are looking for. 
"After years investing in funds and co-investments as an LP, reviewing hundreds of offerings with different strategies, 
sales pitches and partnership terms, I'm excited to bring the target audience's perspective directly to GPs," stated 
Fabian Pötter, who brings over 18 years' investment experience, most recently as Co-Head of Infrastructure at Golding 
Capital Partners. 
The regionally focused approach allows the Partners to engage with investors at a deeper level, ensuring that LPs are 
only introduced to opportunities that are additive to their portfolio, while simultaneously offering GPs insight into 
LP portfolios and advising on how to position themselves appropriately, address key regional trends (such as the 
growing focus on ESG that is especially prevalent in the DACH region) and strengthen their capital base with the right 
partners. 
The concept has sparked significant interest in the GP market, and 51 NORTH is launching with mandates in place across 
all of its target asset classes. 
 
About 51 NORTH 
 
51 North Capital is an independent, regionally focused placement agent and advisor founded by Christian von Massenbach, 
former Managing Director in Evercore's private placement group, and Fabian Pötter, who co-headed one of Europe's 
largest infrastructure investment platforms at Golding Capital Partners. We focus solely on institutional investors in 
Germany, Austria and Switzerland (the DACH region), where we have long-standing, trusted relationships. We understand 
our LPs' goals and preferences and proactively seek to partner with GPs whose products we believe will be attractive in 
our market. While our investor coverage is purposefully regional, our GP clients are global and diverse. We have deep 
experience across alternative asset classes, with a particular focus on Private Equity, Infrastructure and Private 
Debt. 51northcapital.com/ 
For more information contact: 
 
Christian von Massenbach 
cvm@51northcapital.com 
+49 89 159019415 
Fabian Pötter 
fp@51northcapital.com 
+49 89 159019414 
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2021-05-04 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
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Language:     English 
Company:      51 North Capital GmbH 
              Dorfstr. 14 
              85570 Ismaning 
              Germany 
Internet:     www.51northcapital.com 
EQS News ID:  1191865 
 
End of News   DGAP News Service 
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1191865 2021-05-04


 
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May 04, 2021 02:04 ET (06:04 GMT)