German alt boutique reshuffles management

Frankfurt-headquartered alternative boutique HQ Capital has announced the implementation of a leadership transition plan.

Georg Wunderlin (pictured) becomes HQ Capital’s new CEO, succeeding Ernest Boles. He was hitherto chief operating officer and co-managing director of the company he joined in 2012.

Boles, who has assumed the role of vice chairman, will continue to advise HQ Capital on its operations and will remain part of the firm’s executive management.

He will remain a member of the investment committees for real estate and private equity and manage a number of the firm’s client relationships.

Boles succeeds Marcel Giacometti, who will become Senior Advisor for HQ Capital as of 1 January 2017. Giacometti will still sit in the investment committee for private equity.

HQ Capital has currently over $11bn (€9.85bn) in assets under management.

ABOUT THE AUTHOR
Adrien Paredes-Vanheule
Adrien Paredes-Vanheule is French-Speaking Europe Correspondent for InvestmentEurope, covering France, Belgium, Geneva and Monaco. Prior to joining InvestmentEurope, he spent almost five years writing for various publications in Monaco, primarily as a criminal and financial court reporter. Before that, he worked for newspapers and radio stations in France, in particular in Lyon.

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