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Background

 

East Merchant Company

 

EastMerchant is a company founded by its managing partners Dietrich Zanger and Gert Jan Staal as well as Baldur Vander and Patrick Giese. In 1998 the company was established by Dietrich Zanger and Gert Jan Staal, who had previously been directors of the WestMerchant Bank. Landesbank Sachsen took a share in the company as majority shareholder.

 

At the same time Baldur Vander’s long established team moved to EastMerchant and opened the office in Leipzig. In no time, EastMerchant had become one of the leading providers of specialised finance, in particular in structured leasing transactions and transport financing. Sachsen LB had outsourced the debt finance for leasing and transport transactions according to § 25a KWG to EastMerchant, which included acquisition, negotiation, execution and support of single transactions with a volume totalling around USD 7.5 bn.

 

In 2000 EastMerchant successfully initiated the spin-off of a team of experienced closed-end fund specialists and thus created SachsenFonds GmbH. This underwriter for closed-end funds quickly established itself amongst the top ten within the sector. The company issued over 40 public and institutional funds, €4.7 bn Assets under Management and has attracted around 50,000 investors.

 

In 2007 Landesbank Sachsen has been taken over by the Landesbank Baden-Württemberg. Complying with one of the take-over approval conditions of the European Commission, SachsenFonds Group was sold to a competitor, the outsourcing to §25a KWG terminated and the founding shareholders acquired the remaining shares with the Landesbank in EastMerchant. As a result of this, the management strategically reorganised the company to be an adviser and arranger of special financings; in August 2009 the corporate realignment in Düsseldorf and Leipzig was completed. 

Further Information:

Competencies

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Extensive industry knowledge as well as access to an international network

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Team

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A team of specialists with vast experience in the transport, energy and infrastructure sectors

Team EN
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