DBAG ECF II (DBAG Expansion Capital Fund First New Vintage) acquired investments in three mid-market companies in 2018. The investments were structured as management buyouts. Two of the companies are headquartered in Germany, one in Denmark.


Company Sector Acquired Realised
von Poll Immobilien Other July 2018  
Netzkontor Broadband/telecommunications January 2018  
Sjølund Industry and industrial technology January 2018 July 2022



StatusInvestment period terminated
Start of investment period2017
Committed capital€85mn,
thereof €35mn by DBAG


Sustainability-related disclosure obligations in relation to DBG Managing Partner GmbH & Co. KG

DBG Managing Partner GmbH & Co. KG is an AIF capital management company registered under the German Capital Investment Code (Kapitalanlagegesetzbuch, KAGB) and, as such, is required to disclose sustainability-related information in accordance with Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability-related disclosures in the financial services sector (SFDR).

Information on the integration of sustainability risks in the investment decision‐making process
DBG Managing Partner GmbH & Co. KG integrates sustainability risks into its investment decision-making processes, as described in 2.2. of the guideline “Sustainability and Responsible Investment”. A sustainability risk is an environmental, social or governance event or condition, the occurrence of which could cause an actual or a potential material negative impact on the value of the investment.

Information on the consideration of material adverse impacts on sustainability factors
DBG Managing Partner GmbH & Co. KG is committed to considering sustainability risks in its investment decision-making processes. However, it currently makes use of the option not to consider material adverse impacts of investment decisions on sustainability factors. DBG Managing Partner GmbH & Co. KG is currently not in a position, in its view, to compile all the data required under the SFDR on adverse sustainability impacts in a systematic, consistent manner and at reasonable costs.

This decision is subject to regular review by the management of DBG Managing Partner GmbH & Co. KG.

Information on the remuneration policy
As a registered AIF capital management company, DBG Managing Partner GmbH & Co. KG does not have a formulated remuneration policy in accordance with the requirements of the KAGB. However, DBG Managing Partner GmbH & Co. KG appropriately considers sustainability risks as part of its remuneration policy and its remuneration policy is consistent with the inclusion of sustainability risks. The remuneration system of DBG Managing Partner GmbH & Co. KG does not offer any incentives to take sustainability risks in relation to DBG Managing Partner GmbH & Co. KG or the alternative investment funds it manages.