Prime Capital AG expands Management Board and appoints Kerstin Hübsch as Chief Human Resources Officer

November 01, 2023

Appointment of Chief Human Resources Officer documents high importance of strategic Human Resources management
Enlargement of the Management Board to four members reflects Prime Capital’s growth story

Prime Capital AG (“Prime Capital”), the independent asset manager and financial services provider that has EUR 4.3 bn Assets under Management as well as EUR 8.6 bn Assets under Administration across different asset classes, announces that its Supervisory Board has appointed Kerstin Hübsch as Chief Human Resources Officer (CHRO) effective 01. November 2023 and at the same time appointed her to the Management Board of the company.

Hübsch, previously Managing Director and Chief of Staff of Prime Capital, combines many years of experience in the development and distribution of product and mandate solutions in the financial industry with extensive expertise in building and managing modern HR structures. Before joining Prime Capital in 2019, she held various management positions in the financial industry as well as in HR services and worked in Germany, Switzerland and Luxembourg for BNP Paribas Asset Management, UBS as well as Commerzbank, among others.

“The expanded board reflects the successful growth of Prime Capital over the past years”, explains Wolfgang Stolz, Chairman of the Supervisory Board of Prime Capital. “Prime Capital’s sustainable development is an interplay between corporate strategy and talented and committed employees, who are also characterized by a high level of diversity. The appointment of Kerstin Hübsch to the Management Board further emphasizes the importance and significance of human resources work.”

“Kerstin Hübsch and her team have successfully developed the Human Resources department over the past few years and have also successfully addressed other strategic concerns for the benefit of the company”, adds Andreas Kalusche, CEO of Prime Capital. “She has developed our HR department in a targeted manner and has been an important sparring partner for the Management Board, our executives and a large number of employees of Prime Capital AG and Prime AIFM Lux S.A. from the very beginning. In addition, she has worked extensively to increase transparency and professional communication between different teams and different hierarchical levels. In the competition for the best minds for our dynamic industry, a high-performing CHRO plays a crucial role. Kerstin Hübsch is the ideal appointment for us.”

With the establishment of a CHRO, Prime Capital ensures that the increasing requirements for a modern recruiting and working environment are taken into account at the highest strategic level. This includes influencing the implementation of the company’s values and culture; in addition, staff development is given a very important role.

About Prime Capital:

Prime Capital AG is an independent asset management firm and financial services provider, owned by management and employees. The company takes a holistic, cross-divisional approach and specializes in Alternative Investments, in particular in Absolute Return, Infrastructure, including Renewable Energies and Private Debt. Furthermore, the company offers Access Solutions. Prime Capital was founded in 2006, currently employs more than 130 people in Frankfurt and Luxembourg and is regulated by BaFin and CSSF.

As of June 2023, Prime Capital has approximately EUR 4.3 bn Assets under Management as well as EUR 8.6 bn Assets under Administration.

For additional information, quotes or requests please contact:

presse@primecapital-ag.com

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