New Deutsche PE Group in Market With FOF
Deutsche Bank is raising $400 million toward a new fund of funds vehicle, according to a regulatory filing. The entity, called DB Private Equity & Credit Opportunities Select Fund, has closed on $36 million in commitments from 58 investors. Earlier this week Deutsche Bank announced it had consolidated its private equity asset management business, which includes funds of funds, secondaries and co-investments, into an entity called DB Private Equity. The business segment manages 6 billion euros.
9 April 2010•1 min read
