Property developer and asset manager FOM Real Estate Group has recruited Andreas Stegmann to become its new head of institutional clients & products.
Stegmann, a registered architect, will be responsible for the private equity fundraising among domestic and international professional and semi-professional investors for the entire value creation chain of FOM Invest, the AIFM company within the FOM Group, as of 14 March.
In addition, Stegmann will be in charge of expanding the group’s international investment strategies. In his previous position, Stegmann headed the international commercial real estate activities for the investment and asset manager Corestate.
Reinhard Walter, managing partner of FOM, said: 'Andreas Stegmann brings long-term experience in the investment market to the job, and is familiar with the requirements of both the German and the international market.
'He understands the needs of investors and will step up the pace of FOM’s international investments in particular, using his extensive network and new ideas. We are very glad to have this experienced professional aboard.'
Stegmann has considerable experience as an investment manager in the institutional sector, with a focus on international investments.
Previous roles have included spells at Patrizia in Augsburg in 2010, where he was initially responsible for residential investments in the Nordics and later for coordinating the company’s branch offices outside Germany.
He then moved on to join Hannover Leasing, now part of the Corestate Group, where he eventually served as deputy department head and authorised signatory in charge of the commercial international investment unit within the group.
