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Corestate Capital Holding S.A.: CORESTATE appoints former Credit Suisse Stefan Scherrer as Chief Operating Officer

12/22/2017
DGAP-News: Corestate Capital Holding S.A.: CORESTATE appoints former Credit Suisse Stefan Scherrer as Chief Operating Officer
DGAP-News: Corestate Capital Holding S.A. / Key word(s): Change of Personnel

22.12.2017 / 08:00
The issuer is solely responsible for the content of this announcement.

CORESTATE appoints former Credit Suisse Stefan Scherrer as Chief Operating Officer

CORESTATE Capital Holding S.A. (CORESTATE), a fully integrated investment manager and co-investor based in Luxembourg, has appointed Stefan Scherrer as Chief Operating Officer (COO) of the CORESTATE Capital Group.

Since the beginning of December, Stefan Scherrer has been responsible for running and expanding the CORESTATE Shared Services platform. One of his main tasks is the integration of CORESTATE’s different business units into a shared platform in order to realise planned synergies and strengthen the economic clout of each unit.

Before joining CORESTATE, Stefan was COO of the Credit Suisse Asset Management Division in the Swiss & EMEA regions. In this role, Stefan significantly shaped the strategic development of the CS Asset Management Division and was responsible, among other things, for the enhancement of the investment platform, the implementation of regulatory requirements as well as the integration of new business units.

Micha Blattmann, chairman of the Supervisory Board, CORESTATE: “Stefan convinced us with his strong process-oriented and structured approach, which will be especially useful in our post-merger integration tasks. It is crucial to successively expand the management expertise in order to support further growth of the CORESTATE group.”

IR Contact
Alexander Groschke
T: +49 69 3535630-106 / M: +49 162 2087670
alexander.groschke@corestate-capital.com

PR Contact
Tom Zeller
T: +49 69 264867715 / M: +49 176 10430063
tz@feldhoff-cie.de

About CORESTATE Capital Holding S.A.
CORESTATE Capital Holding S.A. (CORESTATE) is an investment manager and co-investor with approximately EUR 22bn* in assets under management. As a fully integrated real estate platform, CORESTATE offers its clients combined expertise in the areas of investment and fund management as well as real estate management services. The company operates as a respected business partner of institutional clients and wealthy private investors internationally. CORESTATE is headquartered in Luxembourg and has 41 offices including in Frankfurt, London, Madrid, Singapore and Zurich. The company employs over 530 people and is listed in the regulated market (Prime Standard) of the Frankfurt Stock Exchange.
Further information is available at www.corestate-capital.com.
*at year end 2017

Forward-Looking Statements
This press release may contain forward-looking statements based on current assumptions and forecasts made by our management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of our company and the estimates given here. These factors include those discussed in our public reports, which are available on our website at [ir.corestate-capital.com]. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.