Saturday, 30 May 2015
Last updated 1 day ago
Jul 2 2007 | 11:15am ET
RREEF Private Equity, a unit of the alternative investments business of Deutsche Bank Asset Management, has completed the acquisition of a minority stake in private equity boutique Aldus Equity.
The two firms have formed a strategic partnership to develop private equity fund of funds products for institutional and high net-worth investors. Aldus will continue to be managed by its existing principals.
Aldus manages dedicated fund of funds that invest directly in private equity funds, as well as co-investment funds that invest alongside private equity funds. As of January, the firm has approximately $3 billion in assets, including more than $700 million in assets raised since October of last year.
RREEF Private Equity invests in private equity funds, is a minority co-investor in direct investments and is an active provider of liquidity to existing private equity investors. Its product offerings include the DB Secondary Opportunities Fund, which pursues investment opportunities globally in the secondary market for private equity and minority co-investments.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…