The independent rating agency Scope has confirmed KGAL’s asset manager rating of AA- for the 8th time in a row. Scope thus certifies KGAL’s sustainably high quality and competence in asset management with a focus on private markets. Expertise in the Real Estate (AA-), Sustainable Infrastructure (AA) and Aviation (AA) segments was also highlighted once again.
“This is a strong signal to our investors,” says Florian Martin, Co-CEO of KGAL. “Scope recognizes the factors that make up our work: many years of experience, robust processes, active risk management and the ability to develop tailor-made investment solutions in demanding markets.”
In the evaluation, Scope emphasises in particular the significantly above-average industry experience of the management and the second management level, the high quality standards of the investment processes and risk management as well as the wide range of products with a high level of structuring competence.
New business with tailor-made institutional product solutions, especially for insurance companies and foundations, was also given positive mention. The main driver here is the above-average track record in Infrastructure and Real Estate. The aviation business also recorded a clearly positive development on the basis of the strategic partnership with Deutsche Lufthansa AG. In the real estate sector, the portfolios, which are mainly invested in core and core-plus properties, are convincing and have a stabilising effect.
“Movement will return to the real asset markets in 2026, but a new cycle will not simply begin,” says André Zücker, Co-CEO of KGAL. “Political and economic framework conditions are changing structurally. It is precisely in this environment that the quality of an asset manager is evident in identifying opportunities at an early stage, consistently managing risks and actively accompanying the change for our investors with in-depth market expertise and active management.”
