Deutsche Bank Admin. Exec. Wallace Out

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.


In Depth

FINtech Focus: Fundbase Aims To Revolutionize Access To Hedge Funds

Jan 23 2015 | 11:03am ET

Global investment in financial technology—also known as fintech—is booming....

Lifestyle

Is Steven Cohen Going to Buy the Brooklyn Nets?

Jan 19 2015 | 6:49am ET

Rumors that Steve Cohen was interested in the Brooklyn Nets emerged after Scott...

Guest Contributor

Investors Benefit From Evolution Of Fund Of Hedge Funds Model

Jan 22 2015 | 12:27pm ET

The evolution of the fund of hedge funds model over the last few years represents...

 

Editor's Note