Luther partner Achim Pütz confirmed as Chairman of the BAI Board of Directors

The Bundesverband Alternative Investments e.V. (BAI), the central organisation representing the interests of the alternative investments industry in Germany, looked back on a successful financial year 2023 at its members' meeting and plans to continue its growth trend. At the Annual General Meeting on 20 March 2024, the Executive Board and management reported on the key impetus behind the BAI association's work. In 2023, the association set a record with 27 new member companies. This brings the current number of members to 286.

Luther partner Achim Pütz, who co-founded the association, is part of the Cologne-based ‘Financial Services Investment Funds & Alternative Investments’ team. From 2003 to 2010, he headed the German Financial Services practice group as a partner at SJ Berwin LLP and from 2010 to April 2019, he worked in the same function and as Managing Partner of the Frankfurt office for the US law firm Dechert LLP before joining Luther.

About the BAI:

The Bundesverband Alternative Investments e. V. (BAI) is the central organisation representing the interests of the alternative investments industry in Germany. The association sees itself as a catalyst between professional German investors and recognised providers of alternative investment products worldwide. It is committed to ensuring that German institutional and professional investors can diversify their investments more easily and better with regard to alternative investments, particularly with a view to securing German pension provision in the long term. The BAI promotes public awareness and understanding of alternative investments and is committed to scientific research. It engages in dialogue with political decision-makers and the responsible supervisory authorities and maintains an exchange with national and international organisations and associations. The association pursues the goal of achieving legal reforms and legal development in the interests of its members and their investors and creating attractive and internationally competitive framework conditions for investing in alternative investments. The number of BAI members, who are recruited from all areas of the professional alternative investment business, has grown to 286 companies.