Limestone Capital
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Limestone Capital is a leading private equity firm dedicated to investing and creating value in the experience economy. Limestone develops and incubates branded platforms in the global travel and hospitality sector, often alongside a value-add real estate strategy. Limestone advises family offices and institutional investors on their investment strategies and has over one billion Euro invested across its various hospitality platforms. Existing portfolio companies include Aethos Hotels, Emerald Stay, Voaara, as well as various operating real estate assets in European destinations such as Madrid, Milan, Lisbon, Ericeira, Mallorca, Corsica and Sardinia.
20+
Projects under development since 2018
500+
Employees
portfolio-wide
5
Offices in Zug, Lisbon, Munich and London
Limestone's Brands
Anagram
anagram.world
Anagram is a community-driven hospitality concept founded in Munich in 2024, blending premium comfort with social spaces for travelers and locals.
REX
REX is a late-night lounge on London’s King’s Road by Marc Jacques Burton, combining elevated design and curated music to attract an international clientele.
Aethos
Aethos is a European collection of hotels and clubs offering culturally rooted, experience-led hospitality designed to positively impact body, mind, and spirit.
Crafted
Crafted is a life-friendly hotel concept developed by Limestone that blends nature, wellbeing, and community, launching in the UK in 2025 with plans to scale across Europe.
Selar
Selar is a sustainable expedition cruise company developing low-impact voyages, with its first wind- and solar-powered vessel launching in 2026.
Voaara
Voaara is a barefoot luxury hospitality brand founded by Philippe Kjellgren and Limestone Capital, offering refined five-star experiences in unspoiled natural destinations.
Ydun
Ydun is a premium health optimisation studio combining proactive healthcare and data-driven training, launching in Milan in 2025 with European expansion planned.
Loisium
Loisium is a premium hospitality brand delivering immersive wine retreats rooted in local culture, now expanding across Europe’s leading wine regions under Limestone Capital.
Eterniti
Eterniti is a B-Corp vacation rental operator managing over 800 premium properties across Europe and the USA, combining local expertise with world-class hospitality.
MYNE
MYNE is Europe’s leading co-ownership platform enabling flexible, hassle-free access to luxury vacation homes through a smart, digitally driven ownership model.
Periskop Partners
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Headquarters:
Periskop Partners is an independent investment and asset management platform focused on structurally driven real estate strategies across Europe. The firm develops and manages specialized investment verticals along the entire real estate value chain, with a particular focus on land development, senior living, and logistics and light industrial assets.
Periskop advises institutional investors and family offices on the execution of long-term, risk-adjusted investment strategies and acts as an initiator and advisor of fund structures in cooperation with external AIFMs. Through its platforms, Periskop manages assets of over €2 billion and operates offices in Berlin, Frankfurt, Leipzig, Warsaw, and Zug.
The existing portfolio comprises investments in Germany and Poland, including large-scale land development projects, senior living and care assets, as well as logistics and industrial properties in economically strong metropolitan regions.
>€2bn
Assets under
Management
>€2bn
Assets under
Management
5
Offices in Berlin, Leipzig, Frankfurt, Warschau, Zug
83
Employees
Periskop's Business Lines
PERISKOP DEVELOPMENT
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Periskop Development invests in and develops future-oriented neighborhoods by securing building rights and responsibly advancing land projects across Germany, with a strong focus on the Berlin–Brandenburg metropolitan region.
PERISKOP LOGISTICS
Periskop Logistics invests in high-demand logistics and light industrial assets across Germany, capitalizing on supply shortages, e-commerce growth, and reshoring trends to build diversified, value-add portfolios.
PERISKOP POLAND
Periskop Poland develops residential land in the country’s fastest-growing cities by securing building rights and creating ready-to-develop plots that meet rising housing demand and generate long-term value.
PERISKOP LIVING
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Periskop Living invests in high-quality nursing and assisted living properties, addressing Germany’s growing demand for senior housing while promoting residents’ well-being and quality of life.