Universal Investment Group Enhances German Management Team
People | Dec 05, 2024 | LRI Invest SA

Universal Investment Group, a leader in fund and asset administration, has taken strategic steps to bolster its leadership team at its German Management Company (KVG) by promoting experienced managers from within its organization. Jochen Meyers, previously Group Head of Relationship Management, and Kurt Jovy, former Head of Real Estate at UI BVK KVG, have been appointed to the management team of Universal-Investment-Gesellschaft mbH. These appointments underline the company's commitment to future growth and focus on maintaining its significant influence in Germany, its core market. CEO Mathias Heiss highlighted the company's customer-centric approach, emphasizing the necessity of continuity in supporting asset managers and owners. The recent internal promotions are part of Universal's ambition to sustain development in real estate and client relationship fields, which are fundamental efforts overseen by the outgoing board member Axel Vespermann, who previously drove substantial fund volume increases. The company's German platform is the largest in the country, managing EUR 1.1 trillion in assets and continues to see robust net inflows amidst a competitive investment landscape.
Sectors
- Asset Management
- Real Estate
- Fund Services
Geography
- Germany – The article primarily revolves around the German division of Universal Investment Group, indicating Germany as the center of its operations and market strategy.
Industry
- Asset Management – The article is centered on Universal Investment Group's efforts in strengthening its leadership team to manage substantial assets under administration and sustain growth in asset management.
- Real Estate – The addition of Kurt Jovy as Head of Real Estate underscores the importance placed on property management within the firm's strategy.
- Fund Services – The article highlights Universal Investment Group's focus on fund administration and net fund inflows, a core aspect of their services.
Financials
- EUR 1.1 trillion – Total assets under administration managed by Universal Investment's German platform.
- EUR 17.5 billion – Net inflows into Universal Investment Group's funds as of August 2024.
- EUR 35 billion – The fund volume achievement under Axel Vespermann's tenure, up from EUR 20 billion.
Participants
Name | Role | Type | Description |
---|---|---|---|
Universal Investment Group | Target Company | Company | A leading provider of fund services with operations across Germany, Luxembourg, and Ireland. |
LRI Invest SA | Private Equity Firm | Company | An affiliated entity involved in the investment activities related to Universal Investment. |
Jochen Meyers | Group Head of Relationship Management | Person | Recently appointed to the management team, overseeing client relationships with a 25-year background in fund services. |
Kurt Jovy | Head of Real Estate | Person | Entrusted with leading the real estate management operations at Universal Investment. |
Axel Vespermann | Outgoing Management Board Member | Person | Responsible for significant growth in fund volume during his tenure at Universal Investment. |
Mathias Heiss | CEO of UID | Person | Overseeing Universal Investment's operations and strategic direction. |