KGAL Investment Management GmbH & Co. KG, a leading independent investment and asset manager (with assets under management of €20.5 billion) has announced the appointment of Frank Segger as Portfolio Manager for its new core+ aviation fund. Frank will be based at KGAL’s head office in Grünwald, Germany.
Frank is a highly accomplished financing and risk management professional with circa 25 years of banking experience, specialising in the international field of asset-backed, structured and infrastructure finance.
Most recently, he was employed by FMS-Wertmanagement as a Senior Portfolio Manager where he served for over 7 years. As Head of its Infrastructure and Asset Finance Team, he was responsible for the portfolio management of the inherited EUR 18 billion worth of real assets.
Within the aviation industry, Frank has over 14 years of financing and portfolio management expertise working with aviation lenders such as BayernLB, HypoVereinsbank and HSH Nordbank. As an aviation banker, his responsibilities included corporate analysis, customer relationship, aircraft finance, ECA-Financing, aircraft lease financing and restructuring / work-out. Frank has an Economics Degree from the University of California Irvine (UCI), USA.
“We are very pleased that Frank has joined our highly specialized team. He has a deep insight and understanding of international deals and cultures, and his track record in the aviation industry speaks for itself”, Stephan Gundermann, Head of Portfoliomanagement for Aviation, points out.
KGAL’s new aviation product will provide institutional investors with the ability to invest into a core+ style diversified aircraft fund based on the successfully proven investment strategy of Germany’s largest aircraft lessor GOAL. GOAL is a joint venture between KGAL and Deutsche Lufthansa.