Helvetia Baloise: Merger completed
The real estate arm of the newly merged insurance group is headed by Jean-Pierre Valenghi and is one of the largest players in Switzerland with 300 employees and assets under management of CHF 20 billion.
The Merger announced in spring of Helvetia and Baloise was completed on December 5. According to its own information, the newly created Helvetia Baloise Holding AG has a market share of around 20 % in the Swiss insurance business. A new size has also been created in the real estate sector. With assets under management of around CHF 20 billion, Helvetia Baloise is likely to be the fifth-largest real estate investment manager in this country. In Europe, the Group also has AuM of around CHF 2.4 billion. The real estate division of Helvetia Baloise's Group Asset Management has a total of 300 employees. The department will be headed by Jean-Pierre Valenghi, who was previously responsible for Baloise's real estate division.
Valenghi's management team includes:
- Patrick von Planta (Nominated Head Real Estate Portfolio Management)
- Thomas Cabane (Nominated Head Real Estate Transaction Management)
- Severin Pfefferli (Nominated Head Real Estate Asset Management)
- Marco Ramstein (Nominated Head Real Estate Development & Construction Management)
- Till Schaltegger (Nominated Head Real Estate Operations)
- Christian Gees (Nominated Head Mortgage Portfolio Management)
- Sandro Sieber, Nominated Head Property Management). (aw)
