Genesta is pleased to announce the appointment of Karin Koks-Van der Sluijs as non-executive board member to Genesta Nordic Capital Fund Management, Genesta’s Luxembourg based management company. In addition to Karin’s board responsibilities, she will also serve as chairman of Genesta’s Finance and Investment Committee.
As Genesta’s second fund has started its investment program, focus now turns to enhancing the fund’s corporate governance. Genesta expects to hire one additional non-executive for its management board who would also act as the chairman of its risk committee.
Karin brings extensive fund and property investment experience to the board after working in property for the last 23 years, of which the last 15 years in international non-listed real estate. After taking on several roles in the Dutch property market, Karin managed European portfolios for institutional clients with MN for 5 years. Subsequently she was at Aberdeen Asset Management for 10 years, where she initially had responsibility for European non-listed property portfolios and products and later became responsible for global mandates.
“Karin’s extensive experience and skills in both non-listed real estate and fund management substantially enhances the fund’s governance and supports the investment program. We are excited to have Karin as a member of the management board,” says David Neil, CEO of Genesta.
“For me this is a great opportunity to build on my experience with international property and fund management in the capacity of a non-executive board member,” says Karin Koks. “I have known the Genesta team for several years and am looking forward to being part of the continued success of the company.”
Genesta Nordic Real Estate Fund II is approaching a second closing with total commitments nearing EUR 200 million.