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Deutsche hires duo for property relations

Deutsche Bank's property arm RREEF appoints a tag team of Levinson and Tanaka to marshal client relations in the region.
RREEF, the alternatives investment wing of Deutsche Bank, has announced two new appointments, both in the area of client relations.

Philip Levinson has been appointed head of client relations for Asia ex-Japan and Australia. He has spent 20 years in the real estate business and gets the job heading client relations after running capital raising in the region for LaSalle Investment Management.

Before LaSalle, which seems to be the training ground for many of today's top brass in Asia's alternative real estate sector, Levinson was a director of property at Westpac.

Tokyo-based Jon Tanaka has been named head of portfolio management and head of client relations for Japan. Before RREEF he had a Deutsche-esque pedigree by virtue of having been a vice-president with Bankers Trust in New York.

RREEF has nearly $100 billion under management in alternatives and some market researchers reckon it is the world's largest investment manager in the alternatives arena. Hungry for yet more, RREEF announced plans last week to roll out three of its institutional funds to retail investors in Hong Kong.
¬ Haymarket Media Limited. All rights reserved.
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