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Prime Capital broadens shareholder structure

Prime Capital AG, an independent asset manager and financial services provider, wich manages and administers EUR 17.7 billion in various asset classes, is broadening its shareholder base with immediate effect with 70 per cent of Prime Capital shares being transferred to a total of 10 executives. Company founder and Chairman of the Supervisory Board Wolfgang Stolz will retain 30 per cent of the shares. The move gives long-serving executives and employees across the company the opportunity to participate in the future business success of Prime Capital. 

The generation change and the new ownership structure have been carefully prepared over the past 12 months with Andreas Kalusche taking over the role of CEO from Stolz and the expansion of the management board in October 2019. Changes in the Supervisory Board were announced a few weeks ago.

“In just a few years we have developed Prime Capital into a successful and profitable asset manager and financial services provider with over EUR17 billion in assets under management. The new ownership structure reflects the size of the company and enables us to continue on our proven path as an independent company on a broader basis,” says Stolz.

“We want to hire and retain the best brains for Prime Capital,” says CEO Andreas Kalusche. “Opening ownership up to accomplished executives is a recognition of their entrepreneurial commitment and offers them attractive opportunities. It also enables us to offer new incentives to our talented employees for long-term commitment to Prime Capital. The new structure is also an advantage when it comes to attracting new talents and teams from outside the firm. Entrepreneurial participation is an important element in long-term employee retention and increases identification with Prime Capital. It covers all business units: Absolute Return, Infrastructure and Real Assets, Private Debt as well as the Investment Platform business including our Outsourced Asset Management.”

Regulatory approvals have been granted by all relevant regulators.

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