Deutsche Bank Launches Private Credit Business for Investors (1)

Deutsche Bank AG is launching a new investment manager targeting private credit opportunities on behalf of institutional clients and high net worth investors.

DB Investment Partners (DBIP) will invest in corporate, real estate, asset-based, infrastructure and renewable finance lending opportunities, among other private debt strategies, according to a statement from the bank on Tuesday.

Other banks have bet on private credit this year, including JPMorgan Chase & Co., which invests from its balance sheet, and Societe Generale SA, which has plans to raise a €10 billion ($10.7 billion) fund alongside Brookfield Asset Management Ltd. Barclays has also earmarked ...