Niel Thassim, who left Deutsche Bank’s alternative investments arm last year, has joined the Canadian alternative asset manager. RREEF has seen recent further changes.
Deutsche Bank and Guggenheim Partners are in exclusive talks over the German bank's asset management business, ahead of other bidders including Macquarie, JP Morgan and Wells Fargo.
The $61 billion property investment management business adds Leslie Chua as regional research and strategy head. It means it has now filled out its leadership line-up.
Rahul Ghai will handle Southeast Asia acquisitions and asset management for RREEF.
With Chinese insurers now free to buy property for investment purposes, Deutsche Bank's property investment arm expects them to become dominant real estate players.
After a tough couple of years, Deutsche Bank’s alternatives-investment arm has narrowed its investments solely to property and its Asia-Pacific client focus to four countries.