Werner Oerter

KfW Mittelstandsbank is part of the private equity arm and a subsidiary of KfW Bankengruppe, controlled by the Government of Germany. KfW-Kreditanstalt für Wiederaufbau (Reconstruction Credit Institute) was founded in 1948 as part of the Marshall Plan and is Germany's promotional bank for the domestic economy as well as the development bank for countries in transition and developing countries. KfW Mittelstandsbank was established in 2003 following the merger of DtA-Deutsche Ausgleichsbank and KfW. The firm is located in Frankfurt and combines the private equity activities of the former KfW SME Bank and TBG-Technologie-Beteiligungs-Gesellschaft. KfW Mittelstandsbank manages a diverse range of financing products for middle-market companies.