Silverton founds investment management subsidiary, appoints Felix Frankl as joint managing director
Frankfurt, 01. Oktober 2019 – The Silverton Group (Silverton), Frankfurt, has founded an investment management company, Silverton Investment Management GmbH. The new Frankfurt-based subsidiary is to launch real estate investment funds, initiate club deals and manage individual client instructions, the so-called "separate accounts".
The new company expands the Silverton's range of services to embrace the acquisition and management of Core and Core+ properties, including the provision of appropriate services and structures for institutional investors. Investments in the Value-Add and Opportunistic segments will remain the business’ main focus. In addition to commitments with potential for value enhancement, Silverton will also pursue dividend-oriented investment opportunities.
Felix Frankl MRICS (39) has been appointed to the management of Silverton Investment Management GmbH from DIC Asset AG,. The holder of a Diplom-Kaufmann (FH) qualification, Frankl is a Certified Real Estate Analyst and has an MBA in Real Estate Management. He has more than ten years' experience in the real estate industry. He will head the new company, together with Silverton's founders Stefan Dölker, Jascha Hofferbert, Thoran Thegemey and Frank Wiedemann, taking responsibility for fund management, structuring and capital markets.
Felix Frankl had been Senior Fund Manager at DIC Asset AG since 2014 and head of Acquisition and Reporting since 2018. In this role he was responsible for the management of two institutional real estate special AIFs and was involved in launching a further special AIF and in structuring club deals. He has extensive experience with value enhancement strategies. Previously, as umbrella fund and portfolio manager at Helaba Invest KVG, he helped set up the Asset Management Real Estate / Multimanagement division. Amongst other things, he was jointly responsible for the management of the indirect real estate portfolio, worth over EUR 3.5 billion, that Helaba Invest managed for a variety of institutional investors.
Thoran Thegemey, co-founder and managing partner of Silverton, explains the move: "By founding Silverton Investment Management GmbH, we are making Silverton a fully-integrated investment and asset management platform for investments ranging from core to opportunistic. So far, our clients have mainly come from abroad. However, we can now also provide a wide range of attractive services and structures to German institutional investors.