Patron Capital has appointed Georg von Hammerstein, former chief investment officer at Pramerica, with the remit to invest over 鈧�1 bn in German real estate.
Patron Capital has appointed Georg von Hammerstein, former chief investment officer at Pramerica, with the remit to invest over 鈧�1 bn in German real estate.
Von Hammerstein has joined the pan-European private equity and real estate investor as a senior adviser with immediate effect.
He will work with Patron鈥檚 existing investment teams and focus on new investments in Germany and the German-speaking countries.
Von Hammerstein has 25 years of experience in the German and European real estate markets, working in senior positions across most risk asset classes, predominantly in commercial real estate.
His experience includes debt to equity financing, joint venture management, de颅velopments on own account as well as investments for institutional funds and family offices. For the last 14 years, Von Hammerstein worked for Pramerica Real Estate Investors, spending the last six years as European chief investment officer. Prior to Pramerica, he was with Helaba and real estate subsidiaries of Commerzbank and Deutsche Bank.
Patron represents over 鈧�2.5 bn of equity capital. Following the final close of Patron鈥檚 Fund IV, announced in September 2012, Patron has already allocated approximately half of the 鈧�1 bn of equity capital raised (including discretionary co-investment capital).
