Avelios, a UK-based alternative investment specialist, announced on Wednesday that it has expanded its operations into Germany and appointed Thomas Fiebig as managing director of the German subsidiary.
Avelios Germany GmbH will provide investment advisory and asset management services to investors, building on its first operation which involves the provision of mezzanine finance in central Berlin.
Based in Frankfurt, Fiebig brings nearly three decades of real estate investment experience and has executed over €3 bn of transactions in this asset class. He was formerly a managing director of Talanx Immobilien, where he established a new business line that delivered mezzanine finance to developers and was responsible for the global real estate and infrastructure investment business. He has also held senior roles at ING Real Estate, Union Investment Real Estate and a BaFin-regulated capital management (KVG) company based in Hamburg.
Commenting on his appointment, Avelios CEO Duncan Souster said: ‘We are excited about our expansion into Germany after sustained interest from our clients to establish a permanent presence in this market. Thomas is ideally suited to lead our business and will bring the highest standards of institutional practice to the task.’
