Janus Henderson has agreed to acquire Frankfurt-based private markets investment manager Rantum Capital, strengthening its presence in Germany and expanding its private credit and private equity capabilities across Europe.
Founded in 2013, Rantum Capital provides private debt and private equity financing solutions to family and entrepreneur-owned small and mid-sized companies in Germany, Austria and Switzerland. The firm has raised around €1.2bn across its private credit and private equity strategies.
Janus Henderson said the acquisition would increase its scale and local presence in Germany, one of Europe’s largest institutional investment markets, while extending its reach among institutional investors across the DACH region through Rantum’s existing relationships with pension funds, insurers and family offices.
The asset manager said Rantum is expected to play a central role in the development of its pan-European private credit platform. The firm cited Rantum’s sourcing model, investment team and 13-year track record as key elements supporting a phased expansion of private credit capabilities across Europe.
The acquisition will also broaden Janus Henderson’s private equity offering. According to the firm, Rantum’s expertise in private equity could support future product development as part of its wider private markets strategy.
Ali Dibadj, chief executive officer of Janus Henderson, said: “As client demand for private markets continues to grow, we are very excited to announce the acquisition of Rantum Capital, which expands our private credit and private equity capabilities in Europe, a strategically important region for the firm.”
He added that the transaction reflected the firm’s focus on diversifying into areas of growing client demand while building on its institutional client relationships.
Alex Veroude, head of fixed income at Janus Henderson, said the acquisition would strengthen the firm’s ability to meet demand for private credit investments and complement its broader credit offering.
The transaction follows Janus Henderson’s acquisitions of Victory Park Capital in the US and NBK Capital Partners in the Middle East in 2024 as part of a broader expansion of its private markets business.
Dirk Notheis, co-founder and managing director of Rantum Capital, said the combination of Rantum’s local private markets expertise and Janus Henderson’s global distribution platform would support future growth and expansion across Europe.
Financial terms of the transaction were not disclosed. The acquisition is expected to close in the third quarter of 2026, subject to regulatory approval and customary closing conditions.