Güglingen, May 30, 2023 – The Baden-Württemberg-based specialist for solar parks and solar investments hep appoints Olaf Timm as Chief Risk Officer (CRO) of HEP Kapitalverwaltung AG effective May 1, 2023. Timm was most recently responsible for risk management at the listed PATRIZIA SE.
Further professionalization of risk management
As Chief Risk Officer, Olaf Timm will from now on head the risk management of the fully licensed capital management company. The hep group has been enabling both private and institutional investors to invest in the world’s largest solar markets since 2008. With a view to a stronger penetration of the institutional market, the company decided on Timm, who is experienced in both the German and the Luxembourg investment market.
For Timm, risk management in the interests of investors includes not only “the transparency of the risk environment required for optimal investment decisions”, but also the specification and monitoring of “guard rails within which both investment decisions and all other activities and areas of the company move”.
About Olaf Timm
Olaf Timm is looking forward to the challenges at solar specialist hep. As a studied oceanographer – a sub-discipline of climate science – Timm has now come full circle: With hep, he has the opportunity to drive the global energy transition.
As CRO, the Hamburg native draws on his many years of experience at PATRIZIA, the listed provider of real estate investments. His responsibilities included risk management for six AIFMs based in Germany, Luxembourg and the UK and their risk management teams, so he can now bring his broad expertise in these investment markets to the hep group.
Investing responsibly with hep
The solar company has been enabling investors to invest in solar energy in the world’s largest solar markets since 2008: USA, Canada, Japan, Germany and now also Poland. In addition to the conception of international solar investments with different maturities and risk-return profiles, hep also covers all services over the life cycle of a photovoltaic plant: from project development to construction and operation. The current hep investment fund is designed in accordance with Article 9 of the EU Sustainable Finance Disclosure Regulation and its economic activities are consistent with the Taxonomy Regulation. As a result, it meets the highest sustainability requirements for financial products currently existing on the market.