News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Deutsche Bank and Guggenheim Partners in talks on RREEF sale

The bank is focusing on the sale of its alternative investments platform, but has terminated talks on three other asset management units

Deutsche Bank said on Friday that exclusive talks with Guggenheim Partners are now centering on a potential sale of RREEF, its global platform for alternative investments, such as in real estate and infrastructure, while talks on the sale of three other asset management units have ended.

Together, the sale of these units would have generated €1.6bn, several people familiar with the matter said in April.

WSJ Logo