Our Story

 

Independent, owner-operated AIFM

BKN Capital is an authorized Alternative Investment Fund Manager (AIFM) led by a team of experienced professionals. As a 100% owner-managed AIFM, we provide independent tailor-made alternative investment fund management services to asset owners, asset managers and financial institutions, ensuring our clients benefit from personalized, hands-on expertise.

Specializing in AIFMD-compliant fund platforms for illiquid and complex assets, we have deep expertise in credit risk management, internal rating systems, and valuation models. Our services are uniquely designed for asset owners looking to invest in alternative funds as well as asset managers who wish to manage and distribute alternative investment strategies across Europe — ranging from private debt and project finance to private equity and real estate.

With a diverse international team, we are committed to delivering customized solutions. Our management, with years of experience in senior roles at banks and asset management firms, adds substantial value to every aspect of operations at BKN Capital.

BKN Capital combines a strong focus on quality with efficient operational processes. Our experienced team provides comprehensive support for fund products, ensuring professional management and oversight of outsourced service providers, as well as personalized investor support. This extends to additional services, such as corporate secretarial duties and assistance for holding companies.

Our People

 

Sohail Khan

Chairman of Board & Co-Founder

Sohail is also a Co-Founder of Behring, Khan & Co., a consulting firm specialized in structuring alternative investment fund solutions and trusted partner of BKN Capital. Prior to his current roles, he was Managing Director for London-based asset management firm, ZAIS Group International, where he was responsible for marketing and business development in Europe and the Middle East. Sohail held senior positions with Lehman Brothers and Deutsche Bank in London where he specialized in providing investment solutions to European insurance companies and pension funds.

Michael Renner

Independent Director

Michael has international experience in treasury, asset management and capital markets, with strong experience in directing investment and portfolio management teams. He holds sound expertise in risk management in a wide range of asset classes including equities, fixed income, derivatives, alternative investments and private equity. Michael holds a Diploma in Banking from IHK Düsseldorf in Germany and a professional qualification in Private Client Investment Advice & Management from the Chartered Institute for Securities & Investment in London, England where he is a chartered member (MCSI). He also is a member of Institut Luxembourgeois des Administrateurs (ILA) in Luxembourg.

Andreas Neugebauer

Chief Executive Officer, Board Member & Co-Founder, Conducting Officer

Prior to BKN Capital, Andreas served as CEO and CFO for DZ Privatbank, one of the largest banks in Luxembourg. During this time, he was Chairman of the Board of IPConcept Fund Management and Vice-Chairman of the Bankers Association of Luxembourg (ABBL). As former CEO of DZ Bank in New York, Andreas focused on Asset Securitization, Project Finance and Leverage and Acquisition Finance. In addition, he held senior positions in the DZ Bank Group in Switzerland and Ireland. He serves as Director at Advent International Global Investments.

Christian Behring

Board Member & Co-Founder, Conducting Officer

Christian is also a Co-Founder of Behring, Khan & Co., a consulting firm specialized in structuring alternative investment fund solutions and trusted partner of BKN Capital. Christian previously held various senior positions with New Jersey-based asset management firm ZAIS Group, where he was responsible for their European regulated investment platforms and chaired the boards of two Luxembourg based SICAVs. He oversaw portfolios of U.S. and European securitizations. He serves as Director and supervisory board member for international fund structures and asset managers.

Thomas Liebsch

Conducting Officer

Thomas previously served as General Manager for Fisch Asset Management (Luxembourg), a boutique bond-fund manager, and as Deputy Managing Director for Nordea Asset Management in Luxembourg. In both roles, he focused on Governance, Risk Management and Operations. During his time with Nordea Group, he also held the position of Chief Risk Officer for the Luxembourg Bank. In addition, he held senior positions within several banks in Luxembourg and Germany, where he specialised in Risk Management whilst working with Real Estate Finance, Structured Loans and Trading Portfolios. Thomas is an active participant of several working groups of the Association for Luxembourg Fund Industry (ALFI), the Luxembourg Institute of Directors (ILA), and a chartered RICS member. He serves as Director and Board Member for Luxembourg fund structures.

Jörg Oster

Conducting Officer

Jörg previously served as General Manager at Apex Fund Services and Sanne Group Luxembourg, responsible for fund administration and transfer agency for alternative investment funds as well as corporate finance. In addition, he held various roles including Head of Fund Accounting and Transfer Agency and Senior Relationship Manager with Brown Brothers Harriman in Luxembourg. Jörg began his career in fund accounting at ADIG Investment/Cominvest Asset Management. He has served on over 70 boards covering multiple asset classes including but not limited to Private Equity, Private Debt, Real Estate and Infrastructure.

BKN as Employer

 

BKN Capital is committed to fostering a supportive and dynamic work environment. We offer flexible working-day models and mobile working options to help our employees maintain a healthy work-life balance. This flexibility allows our team members to manage their personal and professional responsibilities more effectively, leading to increased job satisfaction and productivity.

In addition to providing competitive compensation packages, we believe in the continuous growth and development of our staff. To this end, we support training initiatives and continuous educational programs including workshops, seminars and online courses and certifications. We are not just a workplace; we are a community. We engage in team-building activities and social events to strengthen our bonds and foster a sense of belonging.

Career Opportunities

 

Fund Operations Supervisor

Job description:

As member of our Client Service Management team, you will be providing fund operations services for a number of dedicated fund mandates in the alternative fund sector. Whilst acting as contact for service providers, such as administrators and depositaries, you will be in charge of day-to-day operations and handling requests of Alternative Investment Funds, and following up with all parties involved to ensure customer satisfaction and support the development of the overall client relationship. Fund Operations oversees the administrative part of a fund mandate from set-up to liquidation, usually including the following main activities:

The requirements for your role
  •  Operational on-boarding of new investment fund structures
    • Setup of operational framework
    • Preparation of regulatory filings
    • Establishment and review of SLAs with the relevant delegates
    • Reviewing the offering documentation, such as PPMs and LPAs
  • Overseeing and supporting operational processes, governed by fund documents and internal policies
    • Taking care of day-to-day requests from clients, investors, and third parties in coordination with respective client service manager
    • TA oversight and supporting with fund closings
    • Coordinating of capital calls, subscriptions, redemptions, and/or distributions
    • Monitoring of periodic cash-flow and expenses as well as continuous reconciliation
    • Accounting oversight for the NAV calculation process at the level of the delegated administrator by providing guidance and feedback as required
    • Coordinating/supporting the annual audit process by providing data and reviewing the financial statements in cooperation with the delegated administrator
    • Reviewing KPIs of delegated administrators as well as the depositary
    • High level review of tax returns and related filings
    • Managing key documentation storage
    • Preparing of invoices fund related expenses
    • Providing corporate secretarial support service or assisting external corporate secretary service providers in relation to preparation of fund board meetings, drafting or reviewing minutes and circular resolutions, updating the RCS/ RBE, applying for ISIN, LEI or other foreign tax registrations, as needed.
  •  Supervising and coaching of (junior) fund operation officers particularly in the areas of Admin and TA oversight as well as CoSec service and oversight.
Your profile:
  • Have 5 to 7 years of relevant experience in the financial sector, preferably in the alternative investment fund industry
  • Ideally first experience in fund administration or depositary, with the ability to monitor and reconcile relevant reporting data and understand financial statements
  • Good understanding of the Luxembourg Alternative Investment Fund landscape and the applicable regulations and legal structures
  • Good conceptual understanding of Partnership Accounting/Allocations
  • Good organisational and communication skills, with an ability to work independently
  • Good command of Microsoft Office products
  • Good command of English; knowledge of German is an advantage, but not mandatory
  • Analytical mind with strong sense of providing high quality output and attention to details

If you are looking to take a next step in your professional career, please send your resume to

recruiting@bkncapital.lu

We are always seeking exceptional candidates including Credit, Risk and Operations Analysts to join our team of seasoned professionals. If you are interested in learning more, please send your resume to recruiting@bkncapital.lu