Deutsche Bank to give DWS first look at private credit deals
Deutsche Bank will give its asset management arm preferred access to private credit deals it originates, the companies said on Tuesday, as the German institutions look for an edge in the booming but increasingly competitive market. Under the arrangement, DWS will be given the first look at "certain asset-based finance, direct lending and other private credit asset opportunities" Deutsche Bank finds, which DWS can then sell to its clients. “Private Credit is a key offering for our clients who are looking for exposure to real-economy investments," said Stefan Hoops, CEO at DWS.
