For family offices

Drawdown-guarded equity compounding.

Families who have kept capital for generations know the secret is not brilliance — it is the avoidance of ruin. And the second secret: the best partnerships are entered early, with people who own what they build.

Founder-owned — no outside shareholders Guarded equity — invested, uninterrupted Introductions handled by the founders
I.What matters to you

i.Staying invested

A fortune halved must double merely to stand still — and somewhere in that valley, patience runs out: a family member insists, an advisor capitulates, the position is sold at the bottom. The Guard exists so the question "should we get out?" loses its urgency. Equity participation stays on; the tail is addressed systematically, in advance.

ii.Quiet compounding

No performance fee, no product treadmill, no story-chasing. One mechanism, applied with discipline, in a daily-liquid Luxembourg UCITS — wealth infrastructure rather than a trade.

iii.The entrepreneurial seat

Entrepreneurial families recognise the moment: a founder-owned quantitative house at the start of its curve. Founding investors join on partner-class terms held for the long term — and get the access that comes with building alongside, not buying from: the founders' table, the research roadmap, first conversations on future strategies.

II.The partnership
Alignment100% founder-owned. No external shareholders.
AccessIntroductions, due diligence and every serious question are handled personally by Dr. Axel Stahmer and Dr. Christoph Wagner.
Founding termsClass P (from EUR 1m, ≤ 0.90% p.a., no entry fee, no performance fee) — early investors are intended to be moved to partner-class terms for the long term.
ConsolidationHoldings, transactions and NAV series delivered to your multi-custodian consolidation platform — institutional-grade transparency, by choice rather than obligation.
DiscretionConversations begin quietly. No newsletters, no events circuit — a phone call, a room in Munich or Luxembourg, and the documents that matter.
Founding-investor window — subscriptions until 25 September 2026Class P · LU3255406137 · partner-class terms, held for the long term.
Fund details

Conversations begin quietly, and with the founders.

Request an introduction Your enquiry reaches the founders directly

Marketing communication for professional investors. No offer or investment, legal or tax advice. Subscriptions only on the basis of the prospectus, PRIIPs KID and latest report of 1st IQ SICAV — QI Global Guarded Equity, registered for distribution in Luxembourg, Germany and Austria. The Guard mechanism reduces risk but is no guarantee against losses; capital loss is possible.

Investment advice according to section 2 para. 2 no. 4 German Wertpapierinstitutsgesetz (WpIG) and investment brokerage according to section 2 para. 2 no. 3 WpIG shall be made on behalf of, in the name of, for the account and under the liability of the responsible legal entity BN & Partners Capital AG, Steinstraße 33, 50374 Erftstadt, according to section 3 para. 2 WpIG. BN & Partners Capital AG has a corresponding license from the German Federal Financial Supervisory Authority (BaFin) in accordance with section 15 WpIG for the prenamed financial services.