EQS Group-News: Echo Partners AG / Key word(s): Personnel/Strategic Company
Decision
Echo Partners AG: ECHO Partners strengthens its leadership team to scale to
an institutional asset management platform
2020-01-31 / 09:00
*ECHO Partners strengthens its leadership team to scale to an institutional
asset management platform *
Wollerau, 31 January 2020 - ECHO Partners AG ("ECHO Partners") announced
today important leadership additions to its team. These changes will pave
the way for ECHO Partners to further enhance its organizational and
management foundation to scale to an institutional asset management
platform.
*Dr. Manuel Bauer as newly elected Chairman*
ECHO Partners has elected Dr. Manuel Bauer as its new independent,
non-executive Chairman. In his new role he will oversee organizational board
matters, including compliance, risk management and other essential
supervisory functions. Dr. Manuel Bauer has more than 20 years of experience
in the global financial services and asset management industry. He served
for 10 years as an executive in different functions at Morgan Stanley London
and Zurich including head of financial institutions and asset management for
Switzerland and deputy head of Investment Banking Switzerland. Between 2013
and 2018, he also led the Corporate Finance Group at Partners Group as
Managing Director.
In addition, he has experience as board member and head of the audit
committee of the Hoval Group and is a lecturer at the University of Applied
Science of Lucerne.
*Alessandro Delorenzi as new Head of Legal and Compliance / Promotion of COO
Marius Steininger to Head of Risk Management*
As of 1 March 2020, Alessandro Delorenzi will join ECHO Partners as the
newly appointed Head of Legal and Compliance. He will be responsible for all
legal tasks within ECHO Partners and more importantly lead the newly
installed compliance division at ECHO Partners. Alessandro Delorenzi has
been recently serving as legal counsel for Allianz Switzerland and
previously as senior consultant in the legal department of Deloitte and
Credit Suisse respectively. In his previous functions, he accumulated strong
experience in setting up and reviewing Alternative Investment Funds and had
frequent interaction with regulators such as the FINMA. He was admitted to
the bar in canton Zurich.
The two new leadership appointments are in addition to the promotion of our
COO, Marius Steininger, to his additional function as Head of Risk
Management.
*Two new fund strategies planned*
ECHO Partners is currently preparing to roll out two new fund strategies
building on its first closed value add hospitality fund (ECHO Fund I) and
will be launching such in the next two quarters.
*Contact*
ECHO Partners AG
Contact: investors@echopartners.fund
Dr. Roland Rausch
Telefon: +41794424886
www.echopartners.fund [1]
*About ECHO Partners AG*
ECHO Partners AG ("ECHO Partners"), based in Wollerau, Switzerland, invests
in hotels, which are located in leading Continental European tourist
destinations, such as Vienna, Amsterdam or Budapest and relies on long-term
tourism trends. We are identifying and purchasing hotels with a purchase
price in the EUR 10-150MM range and a target acquisition yield at or above
5%. The ECHO Fund I is the first investment fund of ECHO Partners to
implement this strategy with AuM of EUR 152 million.
Additional features:
Document: http://n.eqs.com/c/fncls.ssp?u=QPAKMJELFJ [2]
Document title: ECHO - News - Organizational Changes 31012020
End of Corporate News
964257 2020-01-31
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2: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=5f7e2f70243de1493e1baff58568fcc3&application_id=964257&site_id=vwd&application_name=news
(END) Dow Jones Newswires
January 31, 2020 03:00 ET (08:00 GMT)
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