Distressed Investments

Cerato invests in illiquid and difficult assets, predominantly in legacy situations where other investors seek to dispose of their investments or the assets might not suit the business strategy. Investments comprise both equity stakes in companies, as well as debt claims against borrowers.

Liquidation Services

Cerato acquires special purpose vehicles (SPV) and/or corporate structures to liquidate them on its own account, immediately releasing the seller from any administrative tasks, providing it additional capital and freeing up its management time enabling him to focus on his core business.

Corporate Advisory

Cerato provides corporate advisory for third parties. Advisory services include but are not limited to due diligence for sellers or buyers, restructuring or operative transformation of remaining organisational structures, processes and/ or resources on seller side.

Fritz Obermüller
Managing Partner & Founder

15 years of experience in distressed loans and CMBS Special Servicing with a focus on restructuring and liquidation of real estate loans. Before founding Cerato he was Head of Business Development Europe for the US online real estate platform auction.com and worked at Hatfield Philips and Hudson Advisors. Qualified German lawyer, MBA and MRICS.

Gunther Kotz
Managing Partner

16 years of industry experience in real estate finance and workout of CMBS loans. Prior to Cerato, Gunther headed the Special Servicing Department of Hatfield Philips/Situs. Initially, he worked as real estate finance lawyer. Qualified German lawyer and CFA charterholder.