March 6, 2020 | Press Release
Harald Quandt Group strengthens its structures
Bad Homburg, March 6, 2020. Following continued growth, the HQ Group is taking the next step in its development. Through a central holding (HQ Holding), the strategic development of HQ financial service providers will be further driven. The HQ Group unites the asset manager HQ Asset Management, the global alternative investment manager HQ Capital and the multi-family office HQ Trust as well as their associated companies.
HQ Holding will have a supervisory and a management board, subject to the approval of the regulatory authorities. Stefan Keitel has been appointed as CEO of the HQ Holding effective as of August 1, 2020, also subject to the approval of the regulatory authorities.
Stefan Keitel joins HQ Group from Deka Investment and has over 20 years of experience in the financial industry. He will drive the strategic development of the HQ Group, supported by the managing directors of HQ Financial Service Providers, who shall report to him.
The Harald Quandt family has also appointed Dr. Joachim Faber, Philipp Geller, Gregor Harald May, Dr. Konstantin Mettenheimer, Bernhard Oberhofer and Gabriele Quandt to the Supervisory Board. Dr. Joachim Faber has been elected as chairman of the Supervisory Board.
“Against the background of continued growth, we are strengthening our structures. With Dr. Joachim Faber and Stefan Keitel we have gained two very experienced financial managers as Chairman of the Supervisory Board and as CEO. Together we want to take the next step in the further development of the HQ Group,” says Gabriele Quandt, Chair of Shareholders’ Committee of the Harald Quandt family.
“Independent and privately owned, the HQ Group has been providing stable and attractive financial services and investment opportunities for our customers since three decades. Together with the family, the Supervisory Board and the management, I am pleased to build on this strong foundation,” says Dr. Joachim Faber.
“For more than 30 years, the HQ Group has stood for trust, stability and expertise in alternative investments, asset and wealth management. I look forward to working with the Supervisory Board and the teams of the HQ financial service providers,” says Stefan Keitel.
About Stefan Keitel
After studying business administration, Stefan Keitel worked for many years at Crédit Suisse as global chief investment officer for all divisions and co-head global asset management. Since 2016, he has been the head of the securities business of Deka, since 2017 CEO of Deka Investment GmbH and Chief Investment Officer of the Deka Group, managing about 300 billion of assets.
About Dr. Joachim Faber
After international positions in the financial industry, Dr. Joachim Faber joined Allianz in 1997 to build a global asset manager. He led this as CEO of Allianz Global Investors AG and a member of the Executive Board of Allianz SE from 2000 to 2012. He has been a member of the Supervisory Board of Deutsche Börse since 2009 and took over as Chairman of the Supervisory Board in May 2012. From 2012 to 2019, he was Chairman of JAB Holdings Sarl, Luxembourg, the industrial holding company of the Reimann family. In addition, he supports the German Cancer Aid Foundation on a voluntary basis and took over the chair of the Board of Trustees in 2019.
About the Harald Quandt Group
The Harald Quandt Group (HQ Group) unites the independent financial service providers of the Harald Quandt family (HQ). These include HQ Asset Management, which specializes in quantitative asset management, the global alternative investment specialist HQ Capital and the multi-family office HQ Trust. Starting in 1982 as a family office, the HQ Group now offers specialized financial services with a focus on alternative investments. With around 210 employees and central offices in Bad Homburg, Düsseldorf, New York and Hong Kong, the HQ Group is one of the few privately held global financial service providers.