CMS advises NORD/LB on the establishment of DHX Capital Solutions GmbH
Hamburg/Silicon Valley – Norddeutsche Landesbank (NORD/LB) has established DHX Capital Solutions GmbH together with RGK Management GmbH and Taunus Incubator GmbH. The company serves as an intermediary platform for subordinated capital and stretched senior debt in the real assets sector - particularly the real estate sector.
A CMS team led by Dr Eckart Gottschalk provided comprehensive legal advice to NORD/LB on establishing DHX Capital Solutions GmbH. The advice included structuring the joint venture and negotiating contracts with the joint venture partners. NORD/LB is a longstanding CMS client and relies on the expertise of Dr Gottschalk's team on a regular basis.
With DHX, NORD/LB is expanding its product offering for institutional investors and creating an additional opportunity for investors to participate in subordinated capital. The platform is aimed at national and international funds and investment companies and acts as an intermediary between project companies and the investor side. The establishment of DHX is in line with NORD/LB's strategic objective of further expanding its fee-based business and responding to growing investor interest in alternative forms of financing.
NORD/LB Norddeutsche Landesbank is one of Germany's leading commercial banks. As a public-law institution, it is part of the Savings Banks Finance Group. The core business areas include business with corporate customers and affiliates, specialised financing in the energy and infrastructure sector and commercial real estate finance via Deutsche Hypo – NORD/LB Real Estate Finance –, capital market business and private and business customers including private banking.
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