When I founded RV Capital in 2006, my ambition was to become an independent fund manager. However, in the early years I faced the chicken and the egg problem that because I had no capital, I could not build a track record and because I had no track record I could not attract capital. Instead, I provided company analysis to funds, family offices and corporates.
I received my lucky break in 2008 – shortly after the collapse of Lehman Brothers – when I launched Business Owner TGV, a concentrated, long-only equity fund regulated in Germany. The launch would not have been possible without the support of the Rentrop Family Office, my first client back in 2006.