German asset manager Aquila Capital has today appointed Daniel Just, the chief executive of Germany’s largest public pension fund, to its advisory board.
The former head of Bayerische Versorgungskammer’s asset management division has been at the helm of the pension fund since 2013, during which time it began to make real asset investments a major part of its portfolio. The institution currently manages total assets worth €66 billion.
The move marks the latest addition to Aquila’s advisory board after Olaf Huth, the former chief executive of HSBC Trinkaus & Burkhardt, joined in July.
It also comes as the firm prepares to reach a €200 million to €300 million first close on its debut hydropower fund, Infrastructure Investor learned last month.
“Since founding Aquila Capital 15 years ago, [Dieter] Rentsch and [Roman] Rosslenbroich have developed the company into a leading independent alternative asset manager,” Just said in a statement. “I look forward to advising Aquila Capital on the development of investment solutions suitable for institutional investors.”
Based in Hamburg, Aquila manages about €7.1 billion of assets. In addition to funds, it has crafted a number of tie-ups with institutional investors, including a two-year-old, €500 million hydro platform alongside the Netherlands’ APG.