Warburg-HIH Invest Real Estate (Warburg-HIH Invest) has expanded its institutional business with the addition of Thorsten Aberle, Christian Claßen and Mike Elsner to the capital management team to manage savings banks, regional banks, insurer and pension fund clients.
'We have taken on new personnel to continue our successful growth course on a sustained basis and provide our clients with the same high level of service they are used to,' said Carsten Demmler, head of capital management at Warburg-HIH Invest. 'With the wealth of expertise offered by Thorsten Aberle, Christian Claßen and Mike Elsner, we have gained three established experts when it comes to managing institutional investors. Their vast network of contacts will also enable us to develop new business even further.'
Aberle previously worked as head of department for Norddeutsche Landesbank and HSH Nordbank, where he was responsible for relationship management, investor management and customer acquisition, among other duties.
Claßen is responsible for insurers, pension funds and welfare institutions for Warburg-HIH Invest. He previously worked as a director of institutional sales at Hamburg Trust and head of real estate at the Frankfurt office of Willis Towes Watson, a Nasdaq-listed consulting firm. Claßen was responsible for acquiring insurers, pension funds, welfare institutions and real estate investment companies at both of his previous employers.
Elsner is in charge of savings banks and regional banks in the North region. Previously, the qualified business administrator spent seven years as a sales director for the north region at Deka Immobilien and was a contact partner for around 60 savings banks.