KGAL GmbH & Co. KG is an investment company owned by Commerzbank, BayernLB, HASPA Finanzholding and Sal. Oppenheim. Together with numerous property holding and shareholding entities and a number of operational enterprises, we form the KGAL Group.
The KGAL Group’s range of services concentrates on investments in real assets and their structured financing: we offer an extensive range of structured products and services for investment in real assets and their structured financing − from asset and fund management to the development of optimised financing solutions. The broad range of products and services that we provide are all distinguished by the care KGAL takes in devising them. This high quality standard ensures sustained high performance.
Our hallmark is a high level of expertise in a broad spectrum of assets. We enable investment in real estate in Germany and abroad, in aircraft as well as renewable energy. Given our structuring expertise, we also see ourselves as experts in the economic and technical aspects of the assets we manage. In doing so we enjoy the support of first-rate partners who contribute their respective experience in specific assets.
Our performance record underscores our competence. For years KGAL has been one of the leading providers of real asset financing and equity investments. 84% of our investments have achieved or exceeded the returns targets set in our current performance report for 2011. At the KGAL Group we managed an investment volume of EUR 25.1 billion as at 31.12.2012 through our asset holding and investment entities. We currently look after 110,600 investors (incl. multiple subscriptions) with investments in a total of 135 active limited partnership funds. They include retail funds, funds for institutional investors and individual investments for wealthy clients. Our investors have entrusted EUR 6.4 billion in equity capital to us for these funds.
ALCAS GmbH & Co. KG, based in Grünwald, Germany, is a KGAL subsidiary that provides services in connection with the raising of equity capital for limited partnership funds. In addition, it provides administrative services within the KGAL Group for fund and project companies in respect of structured financing.
AL Konzept Gesellschaft für Leasingfinanzierungen mbH, based in Grünwald, Germany, is a KGAL subsidiary that provides administrative services for finance leasing within the KGAL Group. AL Konzept’s administrative work is subject to supervision by the German Federal Financial Supervisory Authority (BaFin).
AL Ships GmbH is a joint venture of KGAL and the V.Ships Group, the world’s largest ship management company. The two shareholders jointly have the requisite expertise to be able to offer all-in-one solutions consisting of nautical ship management and innovative investment models.
Milan-based EUROASSET Italia S.r.l is providing asset management services for renewable energy projects in Italy within the KGAL Group.
EUROASSET Italia underlines the importance of first-class local asset management for the KGAL Group. Being a 100% subsidiary of KGAL, she fulfils all requirements for being the right contact for the Italian renewable energy assets in KGAL's funds.
GOAL German Operating Aircraft Leasing GmbH & Co. KG , based in Grünwald, Germany, has since 1998 been an operational joint venture of Lufthansa (40%) and KGAL (60%). In GOAL, Lufthansa and KGAL bundle their many years of experience in the operation, technical management and marketing of aircraft and the conception of aircraft funds. Facets of professional asset management include, for example, regular aircraft inspections, detailed document management and an advantageous sale at the end of the investment.
KGAL Asset Management Österreich GmbH, based in Vienna, ensures local expertise and on-the-spot professional asset management. The services it provides range from purchase and management to the sale of the real estate. Its core business is the strategic control and development of real estate assets combined with professional rent management. KGAL Asset Management Österreich is the local contact for sellers, tenants and investors in Austria. It manages and coordinates owners’ and tenants’ wishes and enables opportunities to be identified and utilised swiftly.
The main tasks performed by Salzburg-based KGAL Corporate Solutions Austria GmbH are the realisation of tailored investor models, structures similar to leasing, and individual solutions for Austrian and international clients. As a wholly owned KGAL subsidiary it is a creative partner on both sides of the balance sheet.
Lufthansa Leasing GmbH (LLG) is a joint venture of KGAL and Deutsche Lufthansa AG, in conjunction with a financial investor. The two principal shareholders jointly possess the requisite expertise to structure customised aircraft financing packages and have in recent years built up an excellent track record in this field. Since it was founded in 1989, LLG has drawn up over 200 aircraft transactions for the Lufthansa Group with a total investment volume of over six billion euros.
Its financing concepts include – along with German leases – nearly all kinds of cross-border lease, such as US leases, Japanese leases or Swedish leases. In keeping with our customers’ requirements, concepts are structured as on or off-balance-sheet transactions in accordance with the requirements in force (HGB, US-GAAP, IFRS).
KGAL GmbH & Co. KG finances a variety of assets in the form of limited partnership funds. Thanks to comprehensive expertise and a a wide range of services, KGAL is able to work accurately to fulfil the individual expectations and requirements of private as well as institutional investors.
GOAL, a joint venture of Lufthansa and KGAL, is the asset manager of all of KGAL’s operational aircraft funds. With its professional team of aviation engineers and technicians it is a highly experienced partner handling the technical management and marketing of aircraft.
Lufthansa Leasing GmbH (LLG) structures customised financing solutions, in particular for Lufthansa Group aircraft. Since it was founded in 1989, LLG has drawn up over 200 aircraft transactions for the Lufthansa Group with a total investment volume of about six billion euros. Its financing concepts comprise both purely national and a large number of international transactions.
AL Ships GmbH provides all-inclusive solutions consisting of nautical ship management and innovative investment models.