Key Takeaways
- • Janus Henderson agreed to acquire Rantum Capital, a Frankfurt-based private markets manager, expanding its presence in Germany and accelerating its private markets ambitions across Europe.
- • Rantum has raised around €1.2 billion across its private credit and private equity strategies, focusing on family and entrepreneur-owned small and mid-sized companies in Germany, Austria and Switzerland (DACH).
- • Rantum is expected to anchor the build-out of Janus Henderson's pan-European private credit platform, with its private equity expertise supporting future product development.
- • Financial terms were not disclosed; the deal is expected to close in Q3 2026 subject to customary conditions, including regulatory approval.
- • The acquisition follows Janus Henderson's 2024 purchases of NBK Capital Partners (Middle East) and Victory Park Capital (US).
Summary
Janus Henderson announced today that it has entered into an agreement to acquire Rantum Capital, a Frankfurt-based private markets investment manager, according to a Business Wire release datelined London. The transaction is intended to strengthen Janus Henderson's presence in Germany, one of Europe's largest and most important institutional investment markets, and to extend its reach across the Germany, Austria and Switzerland (DACH) region through Rantum's relationships with pensions, insurers and family offices.
Founded in 2013, Rantum provides private debt and private equity financing solutions to family and entrepreneur-owned small and mid-sized companies in the DACH region. The firm has raised around €1.2 billion across its private credit and private equity strategies. The release states Rantum is expected to play a central role in the build-out of Janus Henderson's pan-European private credit platform, drawing on its 13-year track record and its sourcing model. The acquisition also enhances Janus Henderson's private equity capabilities, complementing its broader private markets strategy.
A distinctive feature of Rantum's platform is its industrial partner network of former board members and senior executives from leading German companies, which the firm says provides sector insight, strengthens sourcing and enhances local credibility.
Ali Dibadj, Chief Executive Officer of Janus Henderson, said that client demand for private markets continues to grow and that the deal expands the firm's private credit and private equity capabilities in Europe. Alex Veroude, Head of Fixed Income, said the transaction strengthens the firm's ability to meet client demand for differentiated private credit exposure and complements its securitised and ETF capabilities. Dirk Notheis, Co-Founder and Managing Director of Rantum Capital, said combining Rantum's local and private markets expertise with Janus Henderson's global distribution platform would create additional value for investors.
The deal builds on Janus Henderson's recent private markets acquisitions of NBK Capital Partners in the Middle East and Victory Park Capital in the US, both in 2024, as well as its pre-IPO investment strategies. Financial terms were not disclosed. The acquisition is expected to close in the third quarter of 2026, subject to customary closing conditions including regulatory approval. Campbell Lutyens acted as exclusive financial advisor to Rantum Capital, Schilling, Zutt & Anschütz as its legal counsel, and Skadden, Arps, Slate, Meagher & Flom as legal counsel to Janus Henderson. As of March 31, 2026, Janus Henderson had approximately US$480 billion in assets under management.
Founded in 2013, Rantum provides private debt and private equity financing solutions to family and entrepreneur-owned small and mid-sized companies in the DACH region. The firm has raised around €1.2 billion across its private credit and private equity strategies. The release states Rantum is expected to play a central role in the build-out of Janus Henderson's pan-European private credit platform, drawing on its 13-year track record and its sourcing model. The acquisition also enhances Janus Henderson's private equity capabilities, complementing its broader private markets strategy.
A distinctive feature of Rantum's platform is its industrial partner network of former board members and senior executives from leading German companies, which the firm says provides sector insight, strengthens sourcing and enhances local credibility.
Ali Dibadj, Chief Executive Officer of Janus Henderson, said that client demand for private markets continues to grow and that the deal expands the firm's private credit and private equity capabilities in Europe. Alex Veroude, Head of Fixed Income, said the transaction strengthens the firm's ability to meet client demand for differentiated private credit exposure and complements its securitised and ETF capabilities. Dirk Notheis, Co-Founder and Managing Director of Rantum Capital, said combining Rantum's local and private markets expertise with Janus Henderson's global distribution platform would create additional value for investors.
The deal builds on Janus Henderson's recent private markets acquisitions of NBK Capital Partners in the Middle East and Victory Park Capital in the US, both in 2024, as well as its pre-IPO investment strategies. Financial terms were not disclosed. The acquisition is expected to close in the third quarter of 2026, subject to customary closing conditions including regulatory approval. Campbell Lutyens acted as exclusive financial advisor to Rantum Capital, Schilling, Zutt & Anschütz as its legal counsel, and Skadden, Arps, Slate, Meagher & Flom as legal counsel to Janus Henderson. As of March 31, 2026, Janus Henderson had approximately US$480 billion in assets under management.
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