The fund volume is currently 27 million euros.
(Photo: Getty Images)
Frankfurt When Leonhard (“Lenny”) Fischer and Kai Diekmann got together four and a half years ago and got into asset management, expectations were high: “The future fund” was supposed to collect 20 billion euros – also thanks to the celebrity factor.
The fund initiators should be the magnet that attracts many other investors. Because more than two decades ago, at the age of 36, both made headlines: Fischer became the youngest member of the board of Dresdner Bank, Diekmann editor-in-chief of “Bild”, Europe’s largest tabloid. That’s history.
But the bet on the future didn’t work out. The start of the mixed fund was bumpy. Looking back on the 20 billion goal, Fischer says today: “That was our brief moment of megalomania.” The fund volume is currently 27 million euros. In comparison to the competition, this is not worth mentioning.
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Continue
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Continue