CAM adds three to FoF team

CAM Private Equity, the German funds of funds manager, has appointed three new professionals to its investment and business development teams.

A trio of new professionals has been appointed to the investment and business development teams at Cologne-based funds of funds manager CAM Private Equity.

Peter Schwanitz joins from private bank and asset manager Sal Oppenheim following the agreement signed towards the end of last year to merge its private equity fund investment activities with those of CAM. The deal saw Sal Oppenheim take a 15 percent shareholding in CAM.

At Sal Oppenheim, Schwanitz was responsible for building up the private equity fund of funds portfolio, which is now being managed by CAM. As an investment director, he will be responsible for due diligence and investment monitoring of certain fund investments as well as business development.

Nicolas von der Schulenberg has joined CAM from 3i, where he has been involved in direct investments in Germany for the last five years. Von der Schulenberg, who prior to 3i worked for Arthur D Little in the US, also becomes an investment director with responsibility for due diligence, investment monitoring and business development.

Kay Roesener has joined to take responsibility for information and process management at CAM. Roesener has had prior experience in IT and business processes at a range of companies in the industry and services sectors.

CAM Private Equity, which has offices in Cologne and Munich, was founded in 1999 by Rolf Wickenkamp and Constantin von Dziembowski. It has more than €600 million under management in funds of funds and managed account mandates.