Deutsche Bank Launches Private Credit Business for Investors

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(Bloomberg) -- Deutsche Bank AG is launching a new investment manager targeting private credit opportunities on behalf of institutional clients and high net worth investors.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayTesla and China Risk Leaving Volkswagen on a Road to NowhereTech Giants Power Stock Gains as Tesla Jumps 10%: Markets WrapMeloni Tells China That Italy Plans

DB Investment Partners 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.

The push into this asset class from banks, along with other new entrants such as Fidelity International and Ninety One PLC, has seen the industry swell in size to $1.5 trillion.

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