Deutsche Adds Private Equity Group

April 7, 2003 ( - Deutsche Asset Management (DeAM) has announced that the Private Equity Fund of Funds Group of Corporate Investments will be joining the firm effective immediately.

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.