DB Private Equity Loses Senior Executive

Jul 16 2010 | 10:51am ET

A senior executive at Deutsche Bank's newly-revamped private equity group has resigned from the bank, FINalternatives has learned.

Pying-Huan Wang, a director in the German bank's private equity unit, recently quit the bank and will be joining an asset management company, where she will lead that firm's Hong Kong operations. She is the fourth executive to leave the group following ex-global head Marco Bizzozero's departure from the unit in 2009. Bizzozero is now CEO of Deutsche Bank Switzerland.

Deutsche Bank declined to comment.

Wang had been based in Zurich where she led the due diligence activities for the group since 2006, and according to one source she was instrumental in expanding the investment activities of the bank in Asia, where she had spent over eight years at Excelsior Capital Asia prior to joining Deutsche Bank.

In April, Deutsche Bank established a new private equity fund-of-funds business within its asset management division, dubbing it DB Private Equity. The unit is the result of three combined groups, Sal. Oppenheim Private Equity Partners—which the bank acquired in March—the Private Equity Group of Deutsche Bank Private Wealth Management, and the Secondaries Private Equity Team of RREEF. Chris Minter serves as global head of the new unit.


In Depth

Kettera Q&A: The Advantages of Alternative Investment Platforms

Oct 28 2016 | 5:52pm ET

The past several years have seen a distinct push towards easier and cheaper access...

Lifestyle

Midtown's Plaza District Fades As Manhattan Office Landscape Shifts

Nov 22 2016 | 6:32pm ET

Lower leasing costs, more efficient office space and the hope of projecting an image...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR