Schumacher leaves Generali

Christoph Schumacher has left the firm after six years as the head of indirect investments of the insurance group’s asset management arm. He will now serve as managing director of real estate funds for a large German banking group.

Christoph Schumacher, the head of indirect investments at Generali Deutschland Immobilien, the insurance group’s asset manager, has left the firm after six years at the helm.

Christoph
Schumacher

“After almost six years with the Generali Group, I have decided to address myself to new challenges as managing director of real estate funds managed by a large German banking group,” Schumacher wrote in an emailed statement, without disclosing the identity of his new employer.

He will be succeeded at Generali by Christian Kückelhaus, currently responsible for development and direct investments.

At Infrastructure Investor: Europe 2010, Schumacher had been one of the voices calling for the establishment of an LP platform for infrastructure similar to real estate’s INREV or private equity’s PEIA, allowing its members to exchange views on the nascent asset class.

“The idea is to create a platform of LPs for infrastructure similar to what already exists in real estate,” Schumacher told a panel of delegates.

INREV, a representative group for LPs and GPs investing in real estate, says its “aim is to improve the accessibility of non-listed real estate funds by promoting greater transparency, accessibility, professionalism and standards of best practice”.

In addition to offering a forum for LPs to exchange their views on the industry, INREV also offers its 315 members a number of other services, including access to several industry databases, research documents and training programmes.