Asset Management

DWS hires former Morgan Stanley executive in US private equity push

The hire is the latest DWS has made as it looks to rebuild its secondary team

DWS Group, the asset management unit of Deutsche Bank, has hired an executive from Morgan Stanley Alternative Investment Partners to help spearhead its push into US private equity.

Kumber Husain, a former member of the private markets investment committee at Morgan Stanley, joined DWS’s New York office as head of private equity in the Americas, a statement released by the firm said.

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