NEW YORK (HedgeWorld.com)–Deutsche Bank added three directors to its North American Structuring group. One of them, Laurent Rimmen, works on structuring hedge fund-related transactions. Previously he was a director at Societe Generale.
Another addition, David Downie, comes from Merrill Lynch and is responsible for private equity-focused transactions. Joe Aglione, also from Merrill Lynch, is working on DB’s structured product distribution to retail clients and intermediaries.
The three new directors are based in New York and report to Tim Dowling, head of North American Structuring. “Our activity in structured transactions based on alternative asset exposures has grown dramatically,” said Mr. Dowling, in a statement.
“Adding dedicated structuring professionals to private equity and hedge funds derivatives reflects our strategy to extend our market-leading expertise to this evolving market,” he said.
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