Penguin Capital
Team Internet founders's Single Family Office · Munich, Germany
$300M estimated AUM
AUM figures are estimates compiled from public sources. How we source our data.
About Penguin Capital
Penguin Capital is the Munich-based investment office of the founders of Team Internet, whose wealth derives from building one of Europe's premier AdTech businesses. Founded in 2021, it channels the entrepreneurial proceeds of Team Internet's founders and allied families, and today describes itself as backed by 130 entrepreneurial families. Assets are estimated by a third party at roughly $300M. The office concentrates on lower-mid-market private equity, offering two tailored strategies: a diversified fund of funds and a targeted co-investment vehicle, maximizing access to high-quality investments across North America, Europe, and select global markets. It applies a data-driven manager-selection process and notes that it is the largest investor alongside its LPs across all commitments it makes.
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Frequently Asked Questions
What is Penguin Capital?
Penguin Capital is a single family office associated with Team Internet founders, based in Munich, Germany.
Where is Penguin Capital located?
Penguin Capital is based in Munich, Germany.
How much does Penguin Capital manage?
Penguin Capital is estimated to oversee approximately $300M in assets. As a private family office it files no public AUM disclosures, so figures are third-party estimates compiled from public sources.