Capital Bay, Michael Taufiqui-von Ahlefeldt-Dehn new Head of Fund Management

Capital Bay, Michael Taufiqui-von Ahlefeldt-Dehn new Head of Fund Management

Berlin, 01. September 2022

  • Michael Taufiqui-von Ahlefeldt-Dehn heads the Group's Fund Management from september 1.
  • 30 years of experience in the real estate industry
  • Setting the course for further growth at Capital Bay

Capital Bay Group has appointed Michael Taufiqui-von Ahlefeldt-Dehn (58) as its new Head of Fund Management, effective September 1. Mr. Taufiqui-von Ahlefeldt-Dehn looks back on approximately 30 years of experience in the real estate sector. Most recently, he was responsible for fund management at Corestate Capital with 125 funds and an AuM of around € 20 billion. His other professional positions include Deutsche Bank, Aareal Bank, SEB Bank, Schroders and Patrizia, where he held various management positions from portfolio to asset and transaction management, managing a total fund volume of over € seven billion in 13 European countries. In addition, he accompanied investment transactions of more than five billion euros across Europe in almost all types of use.

"With Michael Taufiqui von Ahlefeldt-Dehn, we have been able to attract a proven expert with extensive market knowledge in the real estate sector to our fund management team" says Rolf Engel, CFO/CIO at Capital Bay Group. "Especially in light of the current challenging market environment, we are delighted to have a professional like him, with his expertise, experience and network, on the team. He will help us continue the growth trajectory of our broad-based fund business by identifying the right opportunities and properties, as well as launching and structuring new investment products in line with the market. To this end, Mr. Taufiqui-von Ahlefeldt-Dehn will lead a team of several people at the Frankfurt office."

Capital Bay currently runs 9 funds and manages 7.5 billion euros in real estate assets.