Mr Koester has worked in individual portfolio management, fund management and investment advisory services for Timberland Capital Management GmbH since 2003. In 1999, Mr Koester also worked for other licensed Timberland entities including Timberland Service GmbH, Germany, which is a licensed financial services provider in Germany (para 34 lit. f of the German Trade, Commerce and Industry Regulation Act (Gewerbeordnung, GewO)) whose services include the distribution of financial products to retail, professional and institutional investors as well as other financial services providers. In this regard, Mr Koester works on a day-to-day basis with the register and transfer agents of the said products.
Mr. Koester’s experience in the financial industry dates back to the 1980s where he worked with several Brokers; Merill Lynch, Dean Witter Reynolds and Prudential Bache.
Mr Koester served as chairman (Verwaltungsratsvorsitzender) of the board of directors (Verwaltungsrat) of Luxembourg based investment funds (UCITS) since 2006.
In addition to the above, Mr Koester has also, since 1999, set up (together with Mr Kraemer) several investment structures and AIFs in Germany. His work included several functions ranging from assisting the setting up of the said structures to the day-to-day running thereof. Mr Koester is a board member of Timberland Fund Management Ltd. and Timberland Invest Ltd.
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Timberland Securities Investment plc,
CF Business Centre,
Gort Street,
St Julians STJ 9023
Malta