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

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...