Assenagon was founded by two former directors of an investment banking division for structured finance products of a leading German financial institute, convinced that their expertise as risk managers would be a competitive advantage over other asset managers. Assenagon started in 2007 with the assistance of DEVnet, who shared the determination to put the needs and interests of investors first. Today, Assenagon is specialized in proactive management of capital market risks and offers holistic fund-based risk management so that institutional investors can achieve their target returns within a defined risk budget. With assets under management of EUR 28 billion as of December 2019, Assenagon is currently one of the fastest-growing independent asset managers in Europe.
In the beginning, each new venture bears the name Neovent. Inside our ecosystem, some people continually question the status quo and think radically different about the opportunities that surround us. That also includes entirely new ideas about the nature of the product we are bringing to the market or the service we offer. We take such seemingly radical ideas seriously, even if they do not have a name yet or no one knows where the next journey will lead us. In so doing, the new venture’s driving forces stay long behind the scenes because we are firmly convinced that building a valid business model is more important than going to market fast.