Michael Belmer, born in 1975, has been the Head of Asset Management Infrastructure at KGAL Investment Management since January 2018. Together with his team of currently 26 asset managers (commercial as well as technical managers), he is responsible for the asset management of KGALS’s infrastructure funds (renewable energy assets).
Positions at KGAL
Head of Asset Management Infrastructure, KGAL Investment Management GmbH & Co. KG
Responsible for leading KGAL‘s infrastructure asset management department, managing a total of 120 investments across eight European countries. The team manages wind, solar and hydro power assets with a total active investment volume of around 2.5 bn and a total capacity of more than 1 GW.
2013 - 17
Head of Managed Products, KGAL GmbH & Co. KG
Independent management of the managed products division, management responsibility for the team and for fund and project companies across different asset classes (private equity fund-of-funds, infrastructure fund-of-funds, real estate private equity fund-of-funds, media funds, life insurance funds and timber funds)
Managing director of 43 entities, responsibility for a total amount of EUR 3.3 bn invested equity of around 77,200 investors. Management of legal disputes and settlement negotiations.
Head of Management Managed Products, KGAL GmbH & Co. KG
Team leader of the fund-of-fund asset management division (private equity fund-of-funds, infrastructure fund-of-funds, real estate private equity fund-of-funds, media funds, life insurance funds and timber funds)
Asset- and Project Manager, KGAL GmbH & Co. KG
Support and realisation of fund concepts and individual private placements, gaining extensive knowledge in the asset management of different fund products.
Employment prior to KGAL
2000 - 2003
Associate Wealth Management, HypoVereinsbank (UniCredit), Munich
Wealth Management for High Net Worth Individuals, consulting in the investment and lending business, in particular complex securities products and closed-end fund investments.
1999 - 2000
Project Manager, Merger process between Bayerische Vereinsbank and Hypobank, across Germany
Project activities in the merger process of Baverische Hypotheken- und Wechselbank and Bayerische Vereinsbank in the project team responsible for the rollout of bank branches. Deputy team leader with focus on nation-wide on-site support and training of branch employees during the merger process.
1996 - 2001 Diploma in Business Administration (Betriebswirt VWA), Verwaltungs- und Wirtschaftsakademie, München
1995 - 1997 Apprenticeship with Bayerische Vereinsbank AG, Munich
Managing Director of several KGAL investment funds