Wien, Austria, June 19, 2010 --(PR.com
)-- Widmer Options, a leading alternative asset management company based in Wien, today announced the appointment of Paul Bauer as a Senior Strategic Advisor. He will assist in the firm's continuing expansion of its alternative investments platform and its introduction to the Europe region.
Paul Bauer has more than two decades of international experience across the energy and financial sectors, Bauer worked for leading companies such as German National Oil Company (GNOC), Phagen Finance, German Futures Trade and GHUT Bank.
He is a pioneer in the European private equity sector and was instrumental in developing the Energy Fund in GHUT Bank. This was the first fund established to invest exclusively in the energy sector and one of the first companies to be incorporated and licensed within this market. He has also had an influential role in developing and implementing other regional private equity initiatives focused on energy, natural resources and infrastructure.
He began his international career in the oil industry as a petroleum exploration geologist and held a number of managerial positions in oil exploration and oil trading. Paul moved into the financial sector in 1997 when he joined Phagen Finance.
Widmer Options 's unique asset management platform includes the Widmer Options AgTech Fund, a private equity fund focusing on financing innovation in agriculture, clean technologies and biofuels; and the Widmer Options Energy Fund, a hedge fund a hedge fund seeking investment growth opportunities through the trading of a diversified energy portfolio.
Lukas Widmer, President of Widmer Options, said:
"The addition of Paul to our team is a unique and exciting opportunity that will allow us to expand the breadth of our investor base and draw upon his unmatched knowledge and experience."
Paul Bauer commented, "I'm delighted to be working with Widmer Options; their fund offerings are unique and compelling, both in terms of their diversity and potential for superior risk-adjusted returns. We've already received considerable positive feedback from the market and look forward to further discussions with potential investors."