CORESTATE grows European platform with three new hires (CH)

The CORESTATE Group, a specialist private equity investor based in Zug/Switzerland, with partner offices in Frankfurt, London, Essen and Luxembourg, announces three strategic appointments, strengthening its asset management, corporate development and investor relations teams.

Sascha Wilhelm has been appointed Managing Director of CORESTATE Capital Advisors, Frankfurt, and Head of Asset Management, overseeing CORESTATE's German asset management activities. Nikolai Dëus-von Homeyer re-joins CORESTATE in its corporate development area where he will focus on product development and transactions, while Patrick Muûls joins CORESTATE's investor relations team in the London office.

Phillip Burns, CEO of CORESTATE, commented: "We are very pleased to have made these additional appointments which strengthen our operational capabilities in Europe as well as our investor relations and capital raising activities globally. Sascha, Nikolai and Patrick complement us well in both optimising existing investments and developing new business as we see additional opportunities in the current environment and seek to grow our business accordingly."

Wilhelm was previously Managing Partner at Seitz Real Estate Group, a real estate service provider with more than 75 employees located in Bavaria. At Seitz REG, he was responsible for developing Debeo, its German rent collection business, a role from which he gained valuable insights into the CORESTATE business by providing services to its German asset management team over a number of years.

Dëus-von Homeyer has worked for CORESTATE from its inception, only interrupted by a two-year period at the Leonard N. Stern School of Business at New York University, where he earned an MBA. At CORESTATE, he contributed substantially to the capital raising for the firm's two real estate funds, Corestate German Residential and Corestate German Commercial Properties. Previously, Dëus-von Homeyer worked in the Frankfurt, Germany office of Cerberus Capital Management as an associate.

Muûls was previously with Adam Street Partners, a private equity fund of fund with approx. €22 billion of assets under management, where he was a member of the global secondaries team focusing on the European markets.

Source: FTI Consulting

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