Friedel Muders is a graphic designer and owner of the Fuego label, which was founded in 1984. He is a pioneer of the German independent scene and has also gained experience with major labels. Over the course of many years, he has experienced many developments in the music business and has also played a significant role in determining some of them.

Friedel Muders is responsible for the management of Versengold and Mr. Hurley & Die Pulveraffen.

In addition, Friedel owns the Edition Fuego music publishing company, is an Echo Award winner for the design and support of the Guano Apes website, and in 2023 received the VIA Special Award from the VUT Indie Association at the Reeperbahn Festival for special services to the independent music industry.