Following the recent appointment of Bernhard Berg as Chief Operating Officer, CAERUS Debt Investments AG (CAERUS) has continued the expansion of its investment team with the appointment of Thomas Ertl as Co-CIO (Co-Chief Investment Officer) and member of the CAERUS Investment Committee. A recognised industry expert, Ertl holds a degree in business studies graduate and Real Estate Economist (ebs) and will take over joint responsibility for the company’s credit and investment procedures from 1 May 2021.
Thomas Ertl has some 30 years of professional experience in real estate investment banking and property finance. Before joining CAERUS, he was Managing Director and CIO of the London-based RiverRock European Real Estate Fund, providing mezzanine, acquisition and bridge financing for commercial real estate projects.
His prior positions include ten years in various roles at Münchner Hypothekenbank eG where, among other things, he facilitated the commercial real estate direct financing business. Ertl was subsequently Director Real Estate Finance Germany at Lehman Brothers and then, as Executive Director, he led the Real Estate Finance Germany team at Morgan Stanley Bank. In both positions, he set up and expanded the real estate financing business in Germany.
For many years, Thomas Ertl has also supported companies as an advisory board member and senior advisor, for example as International Business Advisor for Real Estate Finance at HYPO NOE Landesbank for Lower Austria and Vienna.
Michael Morgenroth, CEO of CAERUS, comments: "Thomas Ertl is not just a proven expert in the fields of investment and real estate financing, he also benefits from a very robust industry network. Together with his international expertise, he is an ideal complement to our team to develop and implement even more specific investment strategies for our clients. At the same time, he will further drive the growth of CAERUS's loan business."