Procimmo becomes a fund management company and expands its management team
The company appoints a new Chief Investment Products Officer - and has received approval from Finma as a fund management company.
Procimmo SA received its license as a fund management company on 12 December. The company had applied to FINMA for a fund management license in the course of the year. As soon as the management of all Sub-funds of the Procimmo Real Estate SICAV ("Industrial", "Residential", "Commercial PK" and "Residential PK"), the company will commence operations. Solutions & Fonds was previously responsible for managing the funds. Subject to pending approvals, the change in fund management will be completed on January 15.
Procimmo also announces the expansion of its management team. Richard Dahdah, who has been working as a fund manager at Procimmo SA since 2021, has been promoted to Chief Investment Products Officer. In his new role, he will be responsible for all funds managed by Procimmo and will serve as the main point of contact for investors. Dahdah holds a Master in Management from ESCP Business School. He started his career in auditing at EY and Natixis before joining AEW as Head of Asset Management for Offices and later UBS as Real Estate Fund Manager.
The Management Board of Procimmo SA is now composed as follows: Arno Kneubühler (CEO), Terence Kast (COO), Peter Keller (CCO), Besnik Bytyqi (CFO) and Richard Dahdah (CIPO). (aw)
