Deutsche Bank Plans Multi-Strategy Push Into Private Credit
- Investments will include corporate, distressed and real estate
- Raheman Meghji leads the effort, according to people familiar
A Deutsche Bank AG branch in the financial district of Frankfurt.
Photographer: Alex Kraus/BloombergThis article is for subscribers only.
Deutsche Bank AG is planning a fresh push into private credit across a range of strategies, according to people familiar with the plans.
The plans include raising money from external investors to expand its offering in the $1.2 trillion market. The lender is seeking to raise about 2 billion euros ($2.14 billion) initially from new and existing investors for a range of potential investments including corporate, real estate, and distressed credit, said one of the people, who isn’t authorized to talk about it and asked not to be identified.