Tuesday, 30 August 2016
Last updated 11 hours ago
Mar 24 2014 | 11:05am ET
Deutsche Bank’s hedge-fund administration business has lost a long-time executive.
John Wallace left the bank at the end of last month, after 23 years at Deutsche Bank, HedgeCo.Net reports. Wallace is a former co-head of the firm’s alternative fund services group, and most recently oversaw technology projects for hedge-fund clients.
Deutsche Bank had about $11.6 billion in assets under administration during the fourth quarter of last year.