Munich-based DCM Deutsche Capital Management AG has appointed a new management board and new shareholders.
The company, which provides closed-end fund products in asset classes that include property, energy and transport, will be handed over from Hans Deinböck and his associates to Poland-based family company Texon Polska. Texon is active in the energy sector and works closely with institutional investors.
DCM has appointed Wulf Meinel to be the firm’s new CEO. He will be responsible for product acquisition, finance and structuring and focus on the relations with institutional investors.
Previously Meinel was a managing director at The Carlyle Group, where he worked for 11 years. At Carlyle, he was responsible for investments in real estate funds in Germany and central Europe. Meinel also has experience in asset acquisition and investment structuring.
Munich-based lawyer Stephan Jaeger has been appointed chairman of the supervisory board of DCM AG. Other members of the supervisory board are the corporate development and finance expert Thiemo Hagedorn and Marek Kucharczyk.
Former member of the board Jörg Autschbach will leave the company.