Germany’s Caerus Debt Investments has continued the expansion of its investment team with the appointment of Thomas Ertl as Co-Chief Investment Officer) and member of the Caerus Investment Committee.
A recognised industry expert, Ertl will take over joint responsibility for the company’s credit and investment procedures from 1 May 2021.
He has some 30 years of professional experience in real estate investment banking and property finance. Before joining Caerus, he was managing director and CIO of the London-based RiverRock European Real Estate Fund, providing mezzanine, acquisition and bridge financing for commercial real estate projects.
His prior positions include ten years in various roles at Münchner Hypothekenbank eG where, among other things, he facilitated the commercial real estate direct financing business. Ertl was subsequently director real estate finance Germany at Lehman Brothers and then, as executive director, he led the Real Estate Finance Germany team at Morgan Stanley Bank. In both positions, he set up and expanded the real estate financing business in Germany.
The hire follows the recent appointment by Caerus of Bernhard Berg as Chief Operating Officer.
