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deutsche bank partners with dws for exclusive access to private credit deals
Deutsche Bank will provide its asset management arm, DWS, with preferred access to private credit deals it originates, enhancing DWS's offerings in asset-based finance and direct lending. This move comes as demand for alternative assets surges, with DWS managing 110 billion euros in alternatives out of 1 trillion euros total assets. Patrick Connors from Deutsche Bank will join DWS as global head of private credit, reflecting the growing importance of origination in the competitive private credit market.
deutsche bank grants dws exclusive access to private credit opportunities
Deutsche Bank will provide its asset management arm, DWS, with preferred access to private credit deals, enhancing their competitive edge in the growing market. DWS will have the first look at various private credit opportunities, which it can then offer to clients. As part of this collaboration, Patrick Connors from Deutsche Bank will join DWS as the global head of private credit.
Deutsche Bank and DWS forge alliance in expanding private credit market
Deutsche Bank has partnered with DWS to enhance its position in the private credit market, responding to increasing investor demand for alternative assets. This alliance provides DWS with a competitive edge in asset-based finance and direct lending, as traditional banks face tighter constraints. As private credit becomes a key growth sector, regulatory concerns about the risks of 'shadow banking' are rising, highlighting the need for oversight in this evolving financial landscape.
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