Volkert Reig Schmidt
Volkert Reig Schmidt, Spanish citizen, has joined Novo Banco, in Lisbon, as a Managing Director in 2017, after the bank’s acquisition by several of the Lone Star Funds, and in 2019 as the Chief Executive Officer of GNB’s Real Estate Board of Directors in charge of managing a EUR 2.7 billion REO book. Mr. Reig Schmidt is also the Chair of the Investment Committee.
Volkert has over twenty-years of international experience in M&A, private equity and real estate. Prior to joining Novo Banco, Mr. Reig Schmidt served as a Managing Director for Hudson Advisors, where he was responsible for executing and structuring the acquisition, management and disposal of residential and commercial RE backed NPL portfolios. In that capacity, since 2012 he has managed the sale of over EUR 3 billion worth of real estate assets and has acted as the lead negotiator in the friendly repossession of over EUR 1.5 billion of NPLs.
Prior to his exposure to the NPL world, Volkert practiced law in Madrid, Hamburg, Brussels and in New York advising in cross border M&A transactions in firms such as White & Case, Winston & Strawn and Gomez-Acebo & Pombo. Mr. Reig Schmidt has a Master in Law from the Universidad San Pablo CEU and is admitted to practice in the Madrid Bar Association. Volkert is fluent in Spanish, German and English and has a basic knowledge of French and Portuguese.