New York, April 7, 2010

Doug Kline joins Deutsche Bank as Head of Hedge Fund Consulting


Deutsche Bank today announced that Doug Kline has joined its Global Prime Finance business within the Global Markets division as a Managing Director and Head of Hedge Fund Consulting. Kline is based in New York and reports to Pam Kiernan, Managing Director and Global Head of Business Development, and Scott Carter, Managing Director and Head of Global Prime Finance Sales and Capital Introduction in North America.

In this role, Kline will oversee the continued expansion of Global Prime Finance’s industry-leading* hedge fund consulting practice, which advises existing and start-up hedge fund managers on the infrastructure and processes required to support human and investment capital.

Kline joined Deutsche Bank from Viking Global Investors LP, where he was a Partner and the Chief Information Officer. Kline joined Viking at its inception and oversaw all technology systems, programming efforts, data collection and analysis as the firm developed.

John Budzyna remains a senior strategic adviser to Global Prime Finance top management and its key clients. Budzyna joined Deutsche Bank in 2007, and has over 30 years of experience managing the hedge fund practices at two leading public accounting firms, as president of a hedge fund administration firm and general consulting for significant hedge funds.

“We are pleased to offer our hedge fund clients the opportunity to draw upon the advice of industry veterans such as Doug and John,” said Barry Bausano, Managing Director and Co-Head of Global Prime Finance.  

“We are delighted to welcome Doug and confident that our clients will benefit from his unique insight as we enhance our offering of value-added solutions through our industry-leading hedge fund consulting business,” said Jonathan Hitchon, Managing Director and Co-Head of Global Prime Finance.

*Global Custodian named Global Prime Finance’s hedge fund consulting group “Best in Class” in their latest survey.



For further information, please call:

Deutsche Bank AG
Renee Calabro
Phone: +1 (212) 250-5525
E-Mail: renee.calabro@db.com       



About Deutsche Bank

Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With 77,053 employees in 72 countries, Deutsche Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.

Deutsche Bank Securities Inc., member NYSE, FINRA and SIPC, is the investment banking and securities arm of Deutsche Bank AG in the United States.

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