New York / Frankfurt am Main, April 6, 2010

Deutsche Bank’s Asset Management business launches Private Equity Fund of Funds unit


Following the closing of the Sal. Oppenheim Group acquisition, Deutsche Bank is establishing a new private equity fund of funds business within its Asset Management division. The bank will combine the following three existing businesses under the new group entitled, DB Private Equity: the Private Equity Group of Deutsche Bank Private Wealth Management, the Secondaries Private Equity Team of RREEF and Sal. Oppenheim Private Equity Partners (SOPEP).

Chris Minter, a Managing Director has been named Global Head of DB Private Equity reporting to Kevin Parker, Global Head of Deutsche Asset Management division and a member of Deutsche Bank’s Group Executive Committee. Rolf Wickenkamp, until recently a partner at SOPEP has been appointed Vice Chairman of DB Private Equity. The new group manages approximately EUR 6 billion of private equity fund of fund client assets.


For further information, please call:

Deutsche Bank AG    
Press and Media Relations

New York
Mayura Hooper
Phone: +1 212 250 5536
E-Mail: mayura.hooper@db.com

Frankfurt     
Klaus Winker    
Phone: +49 (0) 69 / 910 32249  
E-Mail: klaus.winker@db.com  


 

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This release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. Forward-looking statements therefore speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.
By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could therefore cause actual results to differ materially from those contained in any forward-looking statement. Such factors include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we derive a substantial portion of our trading revenues, potential defaults of borrowers or trading counterparties, the implementation of our management agenda, the reliability of our risk management policies, procedures and methods, and other risks referenced in our filings with the U.S. Securities and Exchange Commission. Such factors are described in detail in our SEC Form 20-F of 16 March 2010 under the heading "Risk Factors." Copies of this document are readily available upon request or can be downloaded from www.deutsche-bank.com/ir .




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