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Administration July 4, 2003
Deutsche Adds Private Equity Group
April 7, 2003 (PLANSPONSOR.com) - Deutsche Asset
Management (DeAM) has announced that the Private Equity Fund
of Funds Group of Corporate Investments will be joining the
firm effective immediately.
Reported by Eric Hazard
The Private Equity group, led by Chuck Flynn and based in New York, consists of 12 professionals in New York and London. This group structures and manages private equity funds for institutional and high net worth investors.
However, despite the presence of a new private equity manager, the management and administration of the Bank’s existing portfolio of private equity funds will remain in Corporate Investments under separate management.
With the addition, Chuck Flynn will report to William Shiebler, CEO of Deutsche Asset Management, Americas.
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