HQ Capital said Sept. 19 that named Georg Wunderlin, former COO and Co-Managing Director, as its new Chief Executive Officer, effective Sept. 1. Wunderlin succeeds Ernest Boles, who has assumed the title of Vice Chairman. Boles will continue to advise HQ Capital on its operations and will remain part of the firm’s Executive Management. Boles succeeds Marcel Giacometti, who will become Senior Advisor for HQ Capital as of Jan. 1, 2017.
PRESS RELEASE
HQ Capital Implements Leadership Transition Plan
- Dr. Georg Wunderlin becomes new CEO
- Dr. Ernest Boles assumes role as Vice Chairman in Executive Management and remains
member of Investment Committees for Private Equity and Real Estate
- Dr. Marcel Giacometti will become a Senior Advisor
Frankfurt/New York, September 19, 2016. HQ Capital, a leading independent investment
manager for alternative investments, announced today that it has implemented its leadership
transition plan and named former COO and Co-Managing Director Georg Wunderlin as its new
Chief Executive Officer, effective September 1, 2016. Wunderlin succeeds Ernest Boles.
Boles, who has assumed the title Vice Chairman, will continue to advise HQ Capital on its
operations and will remain part of the firm’s Executive Management. In addition, Boles will
continue to be a member of the Investment Committees for Real Estate and Private Equity and
manage a number of the firm’s client relationships. Boles succeeds Marcel Giacometti, who will
become Senior Advisor for HQ Capital as of January 1, 2017. Giacometti will continue to be a
member of the Investment Committee for Private Equity and manage a number of the firm’s
client relationships.
Wunderlin has been working at HQ Capital and its predecessor companies since 2012. Together
with Boles, Wunderlin last year played an integral role in the rebranding of Auda, RECAP and
Equita as HQ Capital, one of the leading providers of alternative investments. Boles had been
Chief Executive Officer of HQ Capital and Auda since 2007. His predecessor, Giacometti, cofounded
Auda in 1989 and served as its Chief Executive Officer until 2007.
The planned management transition follows the rebranding of HQ Capital that was announced
on September 1, 2015.
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HQ Capital is a leading independent alternative investment manager in Germany that currently has approximately
more than US$11 billion in assets under management. HQ Capital combines investment expertise in private equity,
US real estate and direct investments under a single brand with currently more than 140 employees in Frankfurt, New
York, San Francisco, Seattle, Dallas, Washington D.C., London, Hong Kong, Shanghai, Seoul and Tokyo. Additional
information is available at www.hqcapital.com.
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