Lacuna GmbH

Ziegetsdorfer Straße 109
93051 Regensburg

Tel.: +49 (0) 941/992088-22
Fax: +49 (0) 941/992088-38


Director: Manuel Kohl
Registry court: Amtsgericht Regensburg

Company location: Regensburg
Registry number: HRB 15781
EU VAT No. according to § 27a Umsatzsteuergesetz: DE222861587

Responsible according to § 55 Abs. 2 RStV:

Manuel Kohl
Located under the address mentioned above

Permission according to § 34f Abs. 1 S. 1 GewO, supervisory Authority:

Industrie- und Handelskammer für München und Oberbayern, Balanstr 55 - 59, 81541 München,

Intermediary register
Registrierungs-Nr.: D-F-155-9MLT-31


Legal notices, disclaimer

The contents of this website are created with utmost care. Nevertheless, we can not accept any liability, regardless of the legal grounds, for the accuracy, completeness and timeliness of the information provided. As soon as we become aware of any legal violations, we will remove this content immediately.

Mandatory information according to the Disclosure Regulation (Regulation (EU) 2019/2088 of 27.11.2019)

Due to legal requirements (Art.3 et seq. Disclosure Regulation) we are obliged to provide the following information:

Declaration on the non-inclusion of adverse effects on sustainability factors (Art. 4 Disclosure Regulation)

Investment decisions may have adverse effects on the environment (e.g. climate, water, biodiversity), on social - and employee concerns and may also be detrimental to the fight against corruption and bribery.

As a matter of principle, we have a considerable interest in fulfilling our responsibility as a financial services provider and in helping to avoid such effects in the context of our investment decisions (or investment recommendations). However, the implementation of the legal requirements stipulated for this purpose is, according to the current state of affairs, unreasonable due to the existing and still impending bureaucratic framework conditions. In addition, major legal issues are still unresolved.

In order to avoid legal disadvantages, we are therefore currently prevented from issuing a public statement to the effect that and in what way we take into account adverse impacts on sustainability factors (environmental concerns, etc.) in the context of our investment decisions (or investment recommendations). Therefore, we are required to state on our website that we do not take them into account for the time being and until further clarification (Art. 4 para. 1 b) Disclosure Regulation or Art. 4 para. 5 b) Disclosure Regulation).

However, we expressly declare that this handling does not change our willingness to contribute to a more sustainable, resource-efficient economy with the aim of reducing, in particular, the risks and impacts of climate change and other environmental or social grievances.

Strategies for dealing with sustainability risks (Art. 3 Disclosure Regulation)

As a financial services provider, we would like to contribute to a more environmentally friendly, resource-adequate economy. In doing so, we pursue the goal of primarily reducing the risks and consequences of climate change.

Given the preliminary non-inclusion of adverse effects on sustainability factors, no specific processes or strategies for dealing with sustainability risks have been defined at present.

As value investors, we nevertheless subject every planned investment to an extensive individual review under various aspects. In the process, we also work together with multiple investment advisors. Suppose this review reveals that the planned investment decision has or perpetuates significant negative impacts on environmental, social and employee concerns, respect for human rights and the fight against corruption and bribery, which cannot be reconciled with Lacuna's investment philosophy, we urge to refrain from investing.

Remuneration policy in connection with the consideration of sustainability risks (Art. 5 Disclosure Regulation)

Lacuna's remuneration policy generally only provides for the payment of fixed remuneration and, thus, no separate consideration of sustainability risks.

Information on this website

External links

We are responsible as a service provider according to § 2 No. 1 Telemedia Act (TMG) for the "own content" and the use of held content according to the general laws. From these own contents cross references (so-called "links") to contents from other providers are to be differentiated. Through the cross-reference we also keep "foreign content" ready for use, whereby these are marked in the browser in the following manner:

We are only responsible for these external contents if we have positive knowledge of them (i.e. also of unlawful or punishable content) and if it is technically possible and reasonable for us to prevent their use. However, "links" are always "living" (dynamic) references. Although we checked the third-party content during the initial linking to determine whether it caused a possible civil or criminal liability, we are under no obligation to constantly review the content referenced for changes that may give rise to liability. Upon notification of violations, we will remove such links immediately.

We are not responsible and therefore can not guarantee the respect of privacy policy on those websites to which our company refers by link or otherwise.


Content and structure of the website of Lacuna GmbH are protected by copyright. The reproduction of information or data, in particular the use of texts, parts of texts or images requires our prior consent. Copies and downloads of single pages of our website may be made without written permission exclusively for personal, private and non-commercial use. If the content of this website was not created by us, it will be marked as content by third parties and the copyright of the third party will be respected. Please inform us immediately if you become aware of a copyright infringement. For a message please use the contact details given in the imprint. Upon notification of legal violations, such content will be removed by us immediately.

Image Licensing

All images used on the homepage are own or royalty-free images. All licensed photos and images have been lawfully acquired by,, and for the purpose of website design.

Teambilder & Portraits: Petra Homeier Fotografie

Startpage Teaser Global Health:Marcelo Leal on Unsplash

About Us Header: Sergey Zolkin on Unsplash

                    Map Toronto: Alex Shutin on Unsplash

                             New York: David Alacaraz on Unsplash

                             Mumbai: Vidur Malhotra on Flickr

                             Singapur: Mike Enerio on Unsplash

Fonds Teaser Global Healthcare: Renata Fraga on Unsplash

Header Global Healthcare Fonds: Drew Hays on Unsplash

Map Asia Pacific Health & Global Healthcare Fonds: Geordie Bosanko via Wikimedia Commons

Header Wachstum TGV Fonds: jackson

Real Assets Teaser Trogen 2: Hans Peter Schwarzenbach

Header News Newspaper: G. Crescoli on Unsplash

Header Article Pills: on Unsplash

Header Article New York: jonathan riley on Unsplash

Teaser Dates: Eric Rothermel on Unsplash

Header Case Study: Wilding

Header Interview: Melanie Flemme

Header 5 Questions & Startpage Teaser: Adam Willoughby-Knox on Unsplash

Teaser Case Study EM Systems: Daria Nepriakhina on Unsplash

Teaser Case Study Sirtex Medical: Matt Briney on Unsplash on Unsplash

Teaser Case Study Sinopharm: Nathan Dumlao on Unsplash

Header Kontakt: Daria Nepriakhina on Unsplash


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