Deutsche Bank has launched DB Investment Partners (DBIP), an investment management company aimed to give institutional and high-net-worth clients access to private credit investment opportunities.
The business will operate independently of Deutsche Bank, which will retain its existing private credit business. It will be chaired by Jon Aisbitt, the former chairman of Pension Insurance Corporation and Man Group, and run by chief executive Raheman Meghji.
DBIP will invest across a range of private credit investment strategies and asset classes including corporates, real estate and asset-based finance. This will include renewable finance and energy-transition financing as well as infrastructure financing, globally.
Meghji said: “Deutsche Bank has a longstanding track record in private-credit investing across sectors and geographies. DBIP will offer investors a way to access a set of differentiated investment opportunities sourced through Deutsche Bank’s global-banking footprint and local-market presence.”
Aisbitt added: “Investor and borrower demand for private credit solutions continues to grow. Deutsche Bank has a strong track record in the space and the senior DBIP team has a wealth of investment experience through the cycle and across asset classes.”