Deutsche Bank’s prime brokerage has added a hedge fund veteran to head its hedge fund consulting practice.
Doug Kline has been named a managing director and head of hedge fund consulting, the firm said yesterday. Kline joins the firm from hedge fund Viking Global Investors, where he spent more than a decade. He was a partner and chief information officer at Viking, overseeing all of its technology systems since the firm’s founding in 1999.
“We are delighted to welcome Doug and confident that our clients will benefit from his unique insight as we enhance our offering of value-added solutions through our industry-leading hedge fund consulting business,” Jonathan Hitchon, co-head of global prime finance at Deutsche Bank, said.
In his new post, Kline is charged with expanding the hedge fund consulting business.
Deutsche Bank said John Budzyna would remain a senior strategic adviser at its prime brokerage business.