Ronny Ruchay

Shareholder Value Management AG is an independent Germany-based investment advisory firm which was founded by Reiner Sachs and Günter Weispfenning in 1999. The firm is located in Frankfurt and manages the Frankfurter Aktienfonds für Stiftungen, specializing in equity investments with a focus on European small-caps.

Union Investment Privatfonds GmbH (Union Investment) is the asset management subsidiary of Union Asset Management Holding AG in Germany. Founded in 1956, the firm was formerly known as Union-Investment-Gesellschaft mbH and changed their name to Union Investment Privatfonds GmbH in 2002. Headquartered in Frankfurt, Union Investment is a socially responsible investor which offers a product range that covers all asset classes worldwide including equity, fixed-income, balanced, index and real estate funds.

CVM Value Invest AG (CVM) is the investment management subsidiary of Capiton Holding GmbH in Germany. Formerly known as capiton value management AG, the firm was founded in 2007 and focuses on acquiring minority interests in listed companies. Headquartered in Bad Soden Salmünster, the firm seeks to purchase significant shares in noticeably undervalued medium-sized enterprises, offering management support for implementing value-creating measures through their capital market know how and the private equity expertise of their affiliate company, capiton AG.

FPM Frankfurt Performance Management AG (FPM) is an independent financial advisory firm located in Frankfurt, Germany. The firm acts as a financial adviser to FPM funds.