Berlin – Benjamin Ullrich, Martin Schaper and Martyna Sabat of YPOG provided comprehensive legal advice to early-stage investor and operating VC Project A in connection with the Series D funding round of Europe's leading digital wealth manager for private clients LIQID. The round has a volume of €88 million and was led by LGT, one of the world's largest family-owned private banking and asset management groups. In addition to Project A, HQ Trust, the multi-family office of the Harald Quandt family, and Dieter von Holtzbrinck Ventures also participated in the financing round. With the completion of the round, LGT will be LIQID's largest investor alongside London-based Toscafund Asset Management.
Founded by Christian Schneider-Sickert, Berlin-based LIQID offers sophisticated private clients digital access to investment strategies and opportunities previously only available to high-net-worth and institutional investors for a fraction of the traditional minimum investment. This includes award-winning asset management as well as professionally curated portfolios of private equity, venture capital and real estate funds. Since 2018, LIQID says it has doubled client assets under management each year and currently manages over €1.4 billion. The Series D financing round is subject to regulatory approval and includes a secondary component.
Berater:innen Project A:
Dr. Benjamin Ullrich (Lead), Partner
Dr. Martin Schaper (Co-Lead), Partner
Dr. Martyna Sabat, Senior Associate
About us
YPOG stands for You + Partners of Gamechangers – forward-thinking legal and tax advice. Supporting companies that are focused on emerging technologies, YPOG embraces change as an opportunity to develop cutting-edge solutions. The YPOG team offers comprehensive expertise in the areas of Funds, Tax, Transactions, Corporate, Banking, Regulatory + Finance, IP/IT/Data Protection, Litigation, and Corporate Crime + Compliance + Investigations. YPOG is one of the leading law firms in Germany for venture capital, private equity, fund structuring, and the implementation of distributed ledger technology (DLT) in financial services. Both the firm and its partners are regularly recognized by renowned national and international publications such as JUVE, Best Lawyers, Chambers and Partners, Leaders League, and Legal 500. YPOG is home to more than 150 experienced attorneys, tax advisors and tax specialists as well as a notary, working across offices in Berlin, Hamburg, Cologne, and Munich.
Further information: www.ypog.law/en/ and www.linkedin.com/company/ypog
