IntReal Luxembourg, a subsidiary of property-focused third-party AIF manager Intreal, has recruited Stephan Schilken as managing director.
Starting March 1, 2023, Schilken assumed the position of Conducting Officer, the equivalent of a managing director in Germany.
Stephan Schilken brings extensive experience to the job, which he acquired over decades spent in Luxembourg’s investment fund and financial sector. In his last role before transferring, he acted as board member and managing director (conducting officer) at IQEQ Fund Management (formerly SGG Group), a service provider specialising in investor services. He was responsible for setting up the AIFM business with focus on the asset classes private equity, private debt, real estate and infrastructure.
In this position, he headed the set-up of the AIF business in the years since 2015, and managed to grow the assets under management to more than €10 bn in 130 alternative investment funds (AIF).
Rudolf Kömen commented: 'We intend to take advantage of the success and expertise that define the Intreal AIFM in Germany with its total volume of more than €60 bn in real estate assets under management, and expand it on an international level with Intreal Luxembourg. We currently have approximately €2.5 bn in assets under administration and ambitious growth targets.'