FIRM

TRACE CAPITAL
is a
Principal Investment, Asset Management,
Corporate Finance, Restructuring, and Financial Advisory
Boutique

focused on
Investment in CEE and SEE.

TRACE CAPITAL, founded in 2014, is a boutique focused on Principal Investment, Asset Management, Corporate Finance, Restructuring, and Financial and Operational Advisory in Performing and Non-Performing Real Estate, Financial and Corporate Assets (including NPLs), Special Situations, and Alternative Finance in Central & Eastern Europe (CEE) and South Eastern Europe (SEE).  

TRACE CAPITAL specialises in Off Market Transactions.

TRACE CAPITAL provides Sourcing, Origination, Valuation, Underwriting, Marketing, Debt and Equity Finance, and Asset Management in relation to Performing and Non-Performing Assets and Special Situations.

TRACE CAPITAL clients and partners include Funds, Financial Institutions, Corporates, Family Offices, and Supra-Nationals based in the United Kingdom, Europe, and the United States, including Debitos, Europe’s foremost FinTech illiquid credit auction platform.

TRACE CAPITAL opens doors and closes deals.

The TRACE CAPITAL Executive Team
has extensive expertise, decades of experience, and
a vast network of professionals and market contacts
in CEE and SEE.

EXECUTIVE TEAM


The TRACE CAPITAL Executive Team
has extensive expertise, decades of experience, and
a vast network of professionals and market contacts
in CEE and SEE.

C-3

Christian Bruckner

PARTNER
Email:    cb@tracecap.com
Mobile:  +43 664 3148501

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Christian is a senior Finance executive with over 25 years banking and transaction experience throughout Europe. He has a demonstrated record of strategic leadership and effective execution of M&A, restructuring and turnaround, asset management, and development of new business initiatives. Christian has served in executive and non-executive board functions of financial institutions, real estate companies, and servicing platforms. Key roles include:

  • Founding Partner, TRACE CAPITAL
  • Advisor to the Management Board, Erste Group, Austria
  • COO Member of the Board, BCR, Romania
  • SVP Global Banking Services, Unicredit, Italy
  • CEO, Banking Transaction Services, Czech Republic
  • COO/CFO Member of the Board, HVB Bank, Czech Republic
  • Group COO CEE, Bank Austria Creditanstalt, Austria
  • COO, Bank Creditanstalt, Poland

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Robert Bruckner

DIRECTOR & PARTNER
Email:    rb@tracecap.com
Mobile:  +43 664 2106587

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Robert is a senior CRO and Restructuring and Investment executive with over 16 years experience working with banks and funds in Europe, the United Kingdom and the United States, where he has gained extensive product expertise in performing and non-performing corporate, real estate, and automobile loan and leasing assets. Robert has successfully resolved over EUR 30bn of loan and leasing assets and over EUR 4bn of structured credit assets. Key roles include:

  • Founding Partner, TRACE CAPITAL
  • Senior Advisor, The Baupost Group, United Kingdom and United States
  • CRO, KA Finanz AG, Austria
  • Head of Modelling and Risk Analytics, BAWAG PSK (portfolio bank of Cerberus Capital Management), Austria and United States
  • Risk Manager, Bank Austria, Austria

D-3

Denise R Hamer

PARTNER
Email:    dh@tracecap.com
Mobile:  +43 664 3970173

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Denise is a senior lawyer and Attorney at Law admitted to the New York State Bar, Advokát admitted to the Ceská Advokátní Komora (Czech Bar), and Foreign Registered Lawyer in the UK, with a practice emphasis on finance, debt restructuring, acquisition/ disposition/ asset management of performing and non-performing real estate, financial and corporate assets, and special situations and with a geographical emphasis in CEE/SEE and CIS/Russia, where she has worked and lived for over 25 years. Denise has advised on marquee and award winning transactions and precedent setting litigation in the region. Key roles include:

  • Partner, TRACE CAPITAL
  • Partner, DLA Piper, Austria and United Kingdom
  • Partner, Schoenherr, Austria
  • Head of Legal, BAWAG PSK (portfolio bank of Cerberus Capital Management), Austria and United States
  • Director & Counsel, Fixed Income, Citigroup, United Kingdom
  • Restructuring Counsel, FLAG Telecom, United Kingdom
  • Managing Partner, Arthur Andersen, Russia
  • Managing Attorney, White & Case, Uzbekistan
  • Vice President, Societe Generale, United States and France
  • Finance & Restructuring Associate, Weil Gotshal & Manges, United States

Bernhard Herzig

PARTNER
Email:    bh@tracecap.com
Mobile:  +43 664 4655846

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Bernhard is a senior banking and risk management executive with over 16 years of experience in the financial sector, focused on regulation and risk management. He has held several leadership positions, including head of risk management in a significant European banking group and supervisory board positions in banks in the CEE region. Bernhard started his professional career at the Austrian Financial Market Authority where he worked on implementation of Basel, Solvency II, and the Market Abuse Directive. Bernhard holds a doctoral degree in business informatics. Key roles include:

  • Partner, TRACE CAPITAL
  • Head of Risk, Sberbank Europe AG, Austria and CEE region
  • Member of the Supervisory Board, Sberbank a.d. Banja Luka, Bosnia and Herzegovina
  • Member of the Supervisory Board, Sberbank Slovensko, Slovakia
  • Head of Modelling and Risk Analytics , BAWAG PSK (portfolio bank of Cerberus Capital Management), Austria and United States
  • Senior Risk Modeller, Bank Austria, Austria
  • Integrated Financial Markets, Austrian Financial Market Authority, Austria
  • Lecturer at various universities and universities of applied sciences, Austria

Éanna Dáibhis

DIRECTOR
Email:    ed@tracecap.com
Mobile:  +353 87 2413853

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Éanna is an accountant and business consultant with 40 years’ experience in Financial Management and Directorship roles in Ireland and overseas. Over the last 15 years, Éanna has carried out a wide range of consulting assignments in areas such as business development, fund raising, litigation support and corporate restructuring. Key roles include:

  • Director, TRACE CAPITAL
  • Partner / Director roles in seed and early stage VC funds
  • Directorships of companies in the medical care, medical device, property and other industries
  • Entrepreneurial roles in start-up companies
  • Senior Financial Management roles with the Ericsson Group in Ireland and Saudi Arabia

NEWS

TRACE CAPITAL sells bank loan on Debitos online debt auction platform, 25 June 2018

TRACE CAPITAL sells bank loan on Debitos online debt auction platform, 25 June 2018

TRACE CAPITAL goes FinTech! 19 June 2018

TRACE CAPITAL goes FinTech! 19 June 2018

TRACE CAPITAL Advisors Limited (TRACE CAPITAL), a boutique Principal Investment, M&A, Special Situations (including NPLs), Corporate Finance, and Restructuring Advisory focused on Central and Eastern Europe (CEE) and Southeastern Europe (SEE), has agreed a cooperation with Debitos GmbH (Debitos), a Frankfurt based FinTech online debt auction platform.

Debitos CEO and Founder, Timur Peters, notes: “Debitos is actively expanding its presence across Europe and our cooperation with TRACE CAPITAL, an expert in the region, will enable us to deeply penetrate CEE and SEE markets. We look forward to a very productive collaboration and future co-investment.”

Robert Bruckner, former executive of BAWAG P.S.K. (Austrian portfolio bank of Cerberus Capital Management), KA Finanz, and now Director and Founding Partner of TRACE CAPITAL, adds: “We see the NPL market in CEE and SEE growing due to intense deleveraging by regional financial institutions. The NPL ratio in the CEE and SEE region still remains higher than the EU average.  FinTech in general, and online auction platforms in particular, present a new, efficient, and cost-effective method for the sale of single names and portfolios of non-performing (and performing) exposures. This method is especially suited to CEE and SEE markets. We are delighted to combine our regional and sector expertise with that of Debitos, Europe’s foremost online illiquid credit auction platform.”

About Debitos:

Debitos is an online marketplace which allows companies, banks and funds to sell their illiquid credit exposures on the market through its auction-based online transaction platform. The platform leverages on the digitalization of the entire sale process to reduce the expected disposal timing to 3-8 weeks.  A complete set of tools, from data presentation and analysis (through its Virtual Data Room) to market data, Q&A monitoring and online bidding are provided on the platform to deliver one single point of deal/market intelligence, interaction and pricing. Debitos, which was founded in Frankfurt in 2010 and has since concluded more than 220 online transactions with a total gross book value in excess of €4bn. By now more than 500 investors from all over the world have registered with Debitos. https://www.debitos.com

About TRACE CAPITAL:

TRACE CAPITAL is a boutique advisory, founded in 2014, with a geographical focus on CEE and SEE.  https://www.tracecap.com

TRACE CAPITAL participates in and partner Denise Hamer speaks on the Panel “Moving Right Along: How Recent CEE Political Trends and Developments are Likely to Affect Investment” at the Dealer’s Choice Conference in Prague, 6 June 2018

TRACE CAPITAL participates in and partner Denise Hamer speaks on the Panel “Moving Right Along: How Recent CEE Political Trends and Developments are Likely to Affect Investment” at the Dealer’s Choice Conference in Prague, 6 June 2018

Dealer’s Choice Conference in Prague, 6 June 2018

Panel:  Moving Right Along: How Recent CEE Political Trends and Developments are Likely to Affect Investment

1:15 pm – 2:15 pm

Now twenty-years out of communism, CEE remains politically-fluid, with countries in the region seeming to rotate between states of emergency, public protest and political upheaval, economic crisis, and for the lucky few, relative stability and calm.

Nonetheless, core CEE countries are growing faster than any region in the world outside Asia Pacific, and countries outside that core such as Ukraine and Russia are recovering from turmoil quickly as well. Lawyers are uniquely able to advise clients about the likelihood of marked political change in their countries — the growth or disappearance of conflict, the move towards or away from “illiberal” democracies and populist governments — and the likely affect of that change on potential investments. Our expert panel, drawn from many of the countries most in the news in recent months, will share valuable insight about political trends and directions across the region, and consider what changes can be expected in the near future. See more information and impressions from the conference here : Dealer’s Choice and Deal of the Year Awards Ceremony

Event website: dealers-choice.ceelegalmatters.com

Picture (credit CEE Legal Matters): Denise Hamer, Partner at TRACE CAPITAL and Ron Given, Senior Legal Counsel, International Corporate Affairs at Wolf Theiss

TRACE CAPITAL participates in the Dealer’s Choice Conference in Prague, 6 June 2018

TRACE CAPITAL participates in the Dealer’s Choice Conference in Prague, 6 June 2018

Dealer’s Choice brings senior legal practitioners from across the world to Central and Eastern Europe for focused top-level networking, professional development, and relationship-building, all leading up the evening’s CEE Legal Matters Annual Banquet and Deal of the Year Awards Ceremony.

Dealer’s Choice and Deal of the Year Awards Ceremony

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