Rolf Engel becomes new CFO of CapitalBAY
Berlin, 19. September 2019
Berlin, 19 September 2019 – Berlin-based Capital Bay Group (CapitalBAY) has a new CFO: On 1 August 2019, Christoph Geissler handed over his responsibilities as CFO to Rolf Engel. In future, Geissler will concentrate on his role as Chief Investment Officer (CIO) and thus on the management of the booming transaction and investment business as well as the development of international fund raising.
Engel will be responsible for finance and accounting as well as CapitalBAY’s Fund Business. As Executive Chairman of Capital Bay Fund Management, he also manages the fully regulated business in Luxembourg.
Rolf Engel moves over from the International Campus Group, which he co-founded in 2011 and helped to build up holding various management positions. In the course of the takeover of IC’s Luxembourg Alternative Investment Fund Manager (AIFM) by CapitalBAY, now Capital Bay Fund Management S.á.r.l. – a transaction he initiated – Engel now also joins the management of CapitalBAY. He remains a shareholder of the International Campus Group (via MMI GmbH) and a member of the board of the Luxembourg holding company IC Group Holdings S.à r.l..
As former CEO (e.g. at Hornblower Fischer AG) and member of the board of various commercial banks, international brokers and investment companies, Rolf Engel has extensive experience in the international capital markets, investment banking and investment business / venture capital. As an executive or (co-)investor, he has successfully (co-)founded various companies. Engel completed his medical studies at the LMU Munich and his eMBA at the University of Zurich (in cooperation with Yale University in New Haven and Fudan University in Shanghai). In addition, he studied real estate economics at EBS (European Business School).
Christoph Geissler, CIO of CapitalBAY, says: “With Rolf Engel we are expanding our management board to four people and continue the professionalisation of our finance business. This puts us in an excellent position to continue growing internationally.”
Rolf Engel, CFO, adds: “CapitalBAY’s innovative strength and growth trajectory won me over. I am looking forward to the new challenges in this dynamic team”.
CAPITALBAY AT A GLANCE
CapitalBAY is a holistic investment manager for properties.
The Capital Bay Group’s integrated range of services comprises development, fund management, investment management, asset management, property management and facility management in addition to project operation and marketing, for instance in the fields of micro living, care, retail, residential and logistics properties and land banking. With CapitalBAY, investors invest directly and indirectly in the property asset class.
CapitalBAY offers comprehensive, industry-specific solutions for institutional and semi- professional investors and customers.
Using digital tools and processes, CapitalBAY and its management companies cover the entire property value chain. Internally co-developed transaction software assists investment managers in acquisition and valuation processes. In addition, CapitalBAY focuses on property users as key cash flow drivers in the value chain.
CapitalBAY, founded in 2016, has assets under management of approximately EUR 4.5 billion. Around 200 employees work at nine locations in Germany and Luxembourg.
Press contact:
Anke Sostmann/Tom Zeller
Executive Director/Managing Partner Feldhoff & Cie. GmbH
Eschersheimer Landstrasse 55
60322 Frankfurt/Main
T: +49 69 2648677 - 14 / -15
M: +49 159 04028505/+49 176 10430063 E: as@feldhoff-cie.de / tz@feldhoff-cie.de
Contact at the company:
George Salden CEO
Capital Bay GmbH Sachsendamm 4/5 10829 Berlin
T: +49 30 120866 20
E: george.salden@capitalbay.de