Thomas Karlovits
Founder and CEO

Thomas Karlovits founded Blackwall in 2014, having worked in the equity research sector for over 23 years. From 2003 to 2014, Thomas was at Kepler Cheuvreux (Kepler Capital Markets prior to the takeover of Cheuvreux). He most recently held the role of Head of European Equity Research from 2013, and was Deputy Head from 2007. During this time, he was also in charge of the investment strategy for the wider group. Between 2005 and 2007 he headed the European Telecom sector. Prior to Kepler Chevreux, he acted as Head of the European Telecom Sector at Santander as of 2002. Prior to Santander, he joined to set up Cheuvreux Germany in 1998. From 1996 – 1998 he was Senior Analyst at SMH – Schroder Munchmeyer Hengst, Frankfurt. Thomas started his career in 1991 at Raiffeisen Zentralbank, Vienna, as an Analyst, and holds a Master’s Degree of the Vienna University of Economics and Business.




Bernd Laux
Head of Research

Bernd Laux joined Blackwall in 2016 as Head of Research. Prior to this, Bernd acted as Head of Kepler Cheuvreux's European Semiconductor Sector Research. From 2004 to 2011, he ran Kepler Cheuvreux's German Research team. Prior to this, he was a Research Analyst with Cheuvreux in technology. From 1995 to 1998 Bernd was a Research Analyst at Schroder Munchmeyer Hengst in Frankfurt. Bernd started his career in 1993 with Sal. Oppenheim, Cologne, as an Equity Research Analyst, and holds a Master’s Degree in Business Administration from Munich University (LMU).




Dr. Heinrich Lammer
CFO / Head of Risk Management

Heinrich Lammer joined Blackwall in 2016 as CFO and Head of Risk Management. Prior to this, Heinrich worked with JPMorgan Suisse SA, managing their growth initiatives in the German-speaking region of Switzerland. Between 2008 and 2012 Heinrich was the majority owner and manager of an asset management company (TBIC Inc.) which he and his partner sold successfully. Heinrich spent most of his career with Goldman Sachs which he had joined in 1986 in New York as an Investment Professional, advising families in Germany, Austria and Switzerland before becoming the CIO and head of the Portfolio Management Group of their Swiss Bank in 2004. He served on the Management Committee of GSSB for a combined period of five years.

Heinrich holds a PhD in Economics and Social Sciences from Wirtschaftsuniversität Wien (Vienna, Austria) and an MBA from UCLA Graduate School of Management (now The Anderson School at UCLA).




Dr. Richard Mueller
COO / Head of Legal & Compliance

Richard Mueller joined Blackwall in 2017 as COO and Head of Legal & Compliance. Prior to this, he worked 2 years as an Operations, Business Development and Legal & Compliance consultant for both Blackwall and Stone Milliner Asset Management. From 2006 to 2014, Richard acted as a Managing Partner in Zurich and New York at 47 Degrees North Capital Management, a fund of hedge funds specialized in emerging hedge funds, and from 2002 to 2006, he was an investment and transaction manager at Man Group within the Hedge Fund Ventures team (strategic investments). Richard began his career in 2000 with Bain & Company in Zurich and Frankfurt as a strategy consultant in financial services.

Richard received a Masters in Finance (M.Sc.) from London Business School (LBS) and holds a Ph.D. in Capital Markets Law from the University of St.Gallen (HSG).






Gino Landuyt
Head of Sales / Head of Trade Execution

Gino Landuyt joined Blackwall in 2017 as Head of Sales and Trade Execution. Prior to this, Gino held several asset management and investment banking positions at Trium Capital, LFG, EAB, ING and KBC Bank where he built up a multi-asset class expertise in various fields such as FX, Fixed Income, (structured) credit, derivative structuring and hedge funds. During his time at Trium Capital, Gino was instrumental for the first Blackwall Fund both on the asset raising as well as on the trading/execution side.

Gino holds a Master degree of Applied Economic Sciences and a M.Sc. in Financial and Fiscal Sciences both from the University of Antwerp. He is the co-author of "The Future of Finance: A New Model for Banking and Investment", Wiley, 2010 and "Capital Market Instruments: Analysis and Valuation (Finance and Capital Markets)", Palgrave McMillan, 2009.