Nicole Bittlingmayer

Nicole Bittlingmayer

Nicole Bittlingmayer

Frankfurt a.M.

T +49 69 27229 24710

Industries Real Estate & Infrastructure Financial Services, Investment Funds & Alternative Investments

Areas of practice

Nicole Bittlingmayer has more than 25 years of experience in advising German and international clients on investment and regulatory law. She focuses on advising on licensing and registration procedures as well as product-related approval procedures, on the cross-border structuring, launch, administration and liquidation of alternative investment funds, on the structuring and implementation of service KVG models and on outsourcing issues as well as on national and international transactions (with a focus on real estate). Her clients include German and international fund management companies, alternative investment funds, asset managers, custodians and institutional investors.

One focus of her advisory work is currently in the area of sustainable finance/ESG. In particular, she advises on issues relating to compliance with the regulatory requirements of the Disclosure Regulation, the Taxonomy Regulation and the Corporate Sustainable Reporting Directive (CSRD) and supports the implementation of disclosure obligations at company and product level. Nicole Bittlingmayer's current consulting activities focus on cybersecurity, where she advises financial market participants on their transformation process to meet the requirements of the Digital Operational Resilience Act (DORA). In the current market environment for property funds, distressed investment funds as a result of insolvencies are another focus of her advisory work.


Nicole Bittlingmayer studied law at Johannes Gutenberg University in Mainz (Germany). In 2000, she commenced her professional career in a company of the METRO Group, advising on real estate and M&A transactions.

From 2002 to 2007, she worked as Legal Counsel at Oppenheim Immobilien-Kapitalanlagegesellschaft mbH (today, PATRIZIA Frankfurt Kapitalverwaltungsgesellschaft mbH), then the leading management company for open-end institutional real estate funds in the market. As a member of the company’s legal department, Nicole Bittlingmayer primarily advised on all regulatory, tax and corporate law and financing aspects of the real estate fund business, including all global real estate transactions, and on how to handle the legal relations between the company and fund investors and supervisory authorities.

In 2007, Nicole Bittlingmayer moved from her in-house position to the US law firm King & Spalding LLP in Frankfurt (Germany), where she helped found the new office. She worked there as Counsel on the real estate capital markets team until April 2020. Since May 2020, she has been a partner in the Financial Services, Investment Funds & Alternative Investments team at Luther's Frankfurt am Main office.

Honors and distinctions
  • The Legal 500 Germany 2024: Mention in the category "Investment Funds" (first mention in 2023, "Martin Hüwel and Nicole Bittlingmayer deserve special mention.")
  • Legal 500 EMEA Green Guide 2024: Mention for Germany
  • Best Lawyers 2025: Recommendation in "Real Estate Law" (first recommendation in 2020)

  • Providing regulatory advice on the sale of an open-end special real estate fund by way of a unit deal
  • Advising investment management companies and asset managers on the regulatory compliance of national and international real estate transactions
  • Advising AIFMs, asset managers and investors with regard to structuring and launch, distribution law issues and investments in (open and closed-ended) alternative investment funds (in particular in the areas of real estate, renewable energy, private equity)
  • Advising financial market participants on the structuring and launch of cross-border fund structures (in particular Luxembourg)
  • Advising national and international AIFMs and asset managers on the cross-border distribution of investment funds, in particular EU passporting and pre-marketing
  • Advising AIFMs and asset managers on the design and implementation of outsourcing structures (outsourcing/advisory models)
  • Advising national and international clients on the establishment/takeover/restructuring of regulatory platforms (authorisation and authorisation extension procedures as well as registration procedures under the KAGB; EuVECA authorisation procedures, WPI authorisation procedures)
  • Advising AIFMs, investors and custodians on the dissolution/liquidation of AIFs (distressed alternative investment funds)
  • Advising financial market participants on transformation processes (in particular sustainability/ESG, cybersecurity (DORA))

Blog posts