Hermance Capital Partners is hiring Frank Krischan to lead its private real estate strategy, effective immediately, it said in a statement Wednesday.

Krischan joins Hermance Capital Partners from Credit Suisse Asset Management where he worked in the global real estate department. Prior to that, he was a senior consultant at KPMG Real Estate Advisory in Zurich.

Rapidly Changing Market

In his new role, Krischan will manage existing real estate funds of funds and respond to tailor-made requests from institutional clients. He will also be involved in the creation of new real estate-related strategies.

«The addition of Frank Krischan to our team is a real boost: his experience in direct transactions in Switzerland and Europe, as well as his extensive real estate expertise, will allow us to evolve our real estate offering in a rapidly changing market,»  Jacques Chillemi, co-founder of Hermance Capital Partners said in the statement.