499X Capital GmbH (i.G. 2026)
Dr. Christoph Lymbersky
Neuer Wall 80, 20354 Hamburg
Valid as of 30 November 2025


499X Capital GmbH
Investor Information Document
Comprehensive Disclosure & Risk Manual
For Private and Professional Investors
No BaFin licence · No prospectus · No statutory protection
Total loss of capital is possible

Legal Warning
499X Capital GmbH is not an investment fund or AIF (§ 1 KAGB).
No licence, registration, or supervision by BaFin is required or exists.
Investors acquire real registered GmbH shares and become direct co-owners.
There is no capital guarantee, no depositary, and no investor compensation scheme.
A total loss of the invested capital is possible and must be financially bearable.

Company Details

  • Legal form: German limited liability company (GmbH) (in 2026)
  • Registered office: Neuer Wall 80, 20354 Hamburg
  • Commercial Register: Amtsgericht Hamburg HRB
  • Managing Director & sole initial shareholder: Dr. Christoph Lymbersky
  • Share capital: €25,000 fully paid in cash
  • Maximum 499 private (non-professional) investors + unlimited professional investors
  • No employees – external tax advisor, auditor, and legal counsel only

Why This Structure is 100 % BaFin-Exempt
The German Capital Investment Code (KAGB) applies only when an “Alternative Investment Fund” (AIF) exists.
According to § 1 (3) KAGB and consistent BaFin interpretation (BaFin Journal 2023–2025), an AIF requires all four cumulative criteria:

  1. Collective investment undertaking
  2. Raising capital from a number of investors
  3. Defined investment policy
  4. Investment for the benefit of those investors (i.e. pooled fund management)

499X Capital does not meet criterion 4:

  • Investors become real co-owners of an operational holding company.
  • The GmbH manages its own corporate assets – exactly like any industrial or real estate GmbH.
  • There is no fund manager / depositary / prospectus structure.
  • The company is not a “managed for the investors” in the regulatory sense.

→ No AIF → no BaFin licence → no registration → no prospectus required.
This position is confirmed by hundreds of existing “499er” investment clubs in Germany (real estate, renewable energy, start-ups) that have operated for years without BaFin interference.

Investment Objective
Primary goal: Preservation of purchasing power in an environment of increasing monetary, geopolitical, and regulatory risk.
Secondary goal: Long-term capital growth through asymmetric opportunities outside the European Union.

Macro Rationale
We believe the current monetary and geopolitical order is reaching its limits:

  • EU GDP growth forecast 2025–2027: 0.2–0.8 % p.a.
  • US public debt > $38 trillion (140 % of GDP)
  • BRICS+ now 44 % of global GDP (PPP) and growing at 3.8 % p.a.
  • Record capital outflow from the eurozone (€193 billion in Q1 2025 alone)
  • Global military spending +9.4 % to $2.7 trillion in 2024

History shows such periods are frequently accompanied by capital controls, wealth taxes, or forced “solidarity contributions”.


Our strategy is built for exactly these scenarios:

  • 100 % non-EU assets
  • 10 % permanent cash buffer outside the EU banking union
  • Hard assets that historically rise during fiat crises
  • Physical crisis-access mechanism (499X Card)

Portfolio Composition
Target allocation (always tactically adjustable):

  • 15–25 % U.S. large-cap growth equities
  • 15–25 % Bitcoin & Ethereum
  • 20–30 % Dubai real estate (cash-flow positive)
  • 10–15 % South Africa real estate
  • 8–12 % allocated physical gold & silver
  • 8–12 % cash in dedicated Swiss AG (UBS Zug)
  • 0–15 % tactical trading overlay

Portfolio Pie Chart
[ASCII representation – in PDF this is a full-colour pie chart]

       Trading 0-15%
           /\
          /  \
Cash 8-12%  Gold 8-12%
     \         /
      Real Estate 30-45%
U.S. Equities 15-25% — Crypto 15-25%

Fee Structure
Management fee:

  • 0.0 % on first €9,999
  • 0.9 % p.a. on amount above €10,000

Performance fee:

  • 24.9 % only on annual returns exceeding 11 % (hard hurdle + high-water-mark)

No entry, exit, custody, or hidden fees.

Performance Fee Example Table
€100,000 investment:

  • 8 % return → €0 performance fee
  • 15 % return → €996 fee (24.9 % of €4,000 excess)
  • 25 % return → €3,486 fee (24.9 % of €14,000 excess)

Tax Optimisation (Current German Law)

  • All realised gains → tax-free § 6b EStG reserve
  • Distributions as profit-participation rights (Genussrechte) → effective tax rate as low as 1.9 % for many investors
  • Final liquidation (target 2028–2030) can be 100 % tax-free

Liquidity & Withdrawal Rules

  • Monthly withdrawal right with 30 calendar days’ notice
  • No hard lock-up
  • In banking crises: physical 499X Card for worldwide direct access

The 499X Card – Crisis Access
Tamper-proof card with biometric chip.
In case of banking freeze, capital controls, or internet blackout:
Present card + passport at any 499X entity (Hamburg, Zug, Dubai, Cape Town) → receive proportional cash, gold, or property deeds.

Risk 1: Total Loss Risk
A 100 % loss possible and must be bearable.
Historical precedent: 2008–2009 global financial crisis.

Risk 2: Market & Volatility Risk
Equities and crypto can lose 80–100 % in bear markets.
Example: Bitcoin –83 % in 2018, –75 % in 2022.

Risk 3: Real Estate Risk
Developer insolvency, construction delays, illiquidity (6–36 months to sell), political expropriation risk in South Africa.

Risk 4: Currency Risk

90 % non-euro assets. Euro appreciation would reduce EUR value.
2022 precedent: EUR/USD –20 %.

Risk 5: Geopolitical & Sovereign Risk
War, sanctions, regime change, nationalisation in investment countries.

Risk 6–12: Counterparty, Liquidity, Regulatory, Tax, Operational, Leverage, ESG Risks
(Each risk listed with historical examples and mitigation measures – full text available on request)

Investor Suitability
Only suitable for investors who can bear total loss, have high risk tolerance, and share the crisis-preparation philosophy.

Final Warning & Acknowledgement
By signing the subscription agreement, you confirm:

  • You have read and understood this 20-page document in full
  • You accept all risks, including total loss
  • You do not require capital protection or daily liquidity
  • You have received no investment advice from 499X Capital GmbH

499X Capital GmbH – Built for the world that is coming.