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Maria Angela Ciriello (46) is the new Managing Director of BF.capital GmbH, investment manager for institutional private debt investments. She will also remain Chief Financial Officer (CFO) of the parent company BF.direkt AG. Ciriello shares the management of BF.capital with Eugenio Sangermano (47), who is also Chief Investment Officer (CIO) of BF.direkt AG. Berthold Garbas is stepping down from the management of BF.capital.
Maria Angela Ciriello joined the BF Group in 2021. Prior to that, she spent 14 years in various positions at LBBW Asset Management Investmentgesellschaft in Stuttgart, where she was responsible for corporate controlling, risk management and outsourcing controlling, among other things. She is a graduate economist and state-certified computer scientist. Eugenio Sangermano has been part of the BF Group since 2023. Together with Berthold Garbas, he moved from W&W Asset Management to BF.capital.
Francesco Fedele, CEO of BF.direkt AG, says: "I would like to thank Berthold Garbas for his commitment to the further development of BF.capital over the past years. At the same time, I am pleased that we have been able to recruit Maria Angela Ciriello, a proven finance and management expert from our own ranks, for this task. Based on her many years of experience, her high level of professional competence and her deep knowledge of the BF Group, I am convinced that she will continue to drive the successful development of BF.capital together with Eugenio Sangermano."
Maria Angela Ciriello adds: "I am very much looking forward to my new role in the management of BF.capital and to working even more closely with Eugenio Sangermano. In recent years, BF.capital has established itself as a reliable partner for institutional investors. Together, we want to continue this positive development, further strengthen our market position and consistently exploit the growth potential in private debt."
