WestInvest was established as a subsidiary of WestLB in April 1989 under the name Rheinisch-Westfälische Grundstücks-Investment GmbH (RWGI) and was renamed WestInvest Gesellschaft für Investmentfonds mbH in 1998. It has been a member of the Deka Group since 2004, with DekaBank Deutsche Girozentrale currently holding an interest of 94.9%. The remaining 5.1% is held by WIV GmbH & Co. Beteiligungs KG, which has its registered office in Frankfurt am Main. DekaBank also holds a 94.9% interest in WIV GmbH & Co. Beteiligungs KG.
Its product range includes open-ended real estate mutual funds and institutional special AIFs with fixed investment terms.
WestInvest can look back on more than 30 years of experience in the management of open-ended real estate funds. The Company has proven its innovativeness a number of times during this period by launching new types of products. The management company was, for example, a pioneer in the industry when it introduced the principle of funds inflow management for the first time in its concept for WestInvest InterSelect. It still remains a benchmark for the entire industry today and the concept is widely adopted as the cash-call principle. WestInvest was also a pioneer in 2003 when it launched an open-ended real estate mutual fund, WestInvest ImmoValue, specifically for institutional investors.
Chairman: Dr. Matthias Danne
Member of the Board of Management of DekaBank Deutsche Girozentrale, Frankfurt am Main