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Press release from Business Wire

Deutsche Asset & Wealth Management Expands its Real Estate Investment Team in the Americas

Monday, September 30, 2013

Deutsche Asset & Wealth Management Expands its Real Estate Investment Team in the Americas

12:03 EDT Monday, September 30, 2013

NEW YORK (Business Wire) -- Deutsche Asset & Wealth Management (DeAWM) today announced four hires to its real estate investment business (formerly RREEF Real Estate) in the Americas.

Matthew Jaffe joined as a Director and Alternative Investment Specialist in the Global Client Group, focusing on real estate. Based in New York, he reports to Laura Gaylord, Co-Head of Alternatives Investment Specialists for the Americas. Jaffe was most recently with Societe Generale, where he was a director in global markets, with responsibility for marketing across the Eastern U.S. Previously, Jaffe served as senior vice president of marketing and client services at Torchlight Investors (formerly ING Clarion Capital).

Peter Mette joined as a Director in the Real Estate Transactions team to focus on acquisitions in Southern California. Based in San Francisco, he reports to Tim Ellsworth, Head of Real Estate Transactions for the Americas. Mette brings more than 20 years of industry experience, most recently as a senior vice president and director of acquisitions and dispositions at KBS Realty Advisors. Prior to that, he held several senior transactions roles with Metropolitan Life Insurance Company, JPMorgan Mortgage Capital, Inc. and Meridian Industrial Trust.

Cheryl Charnas joined as a Vice President in the Real Estate Asset Management team as a Residential Asset Manager. Based in Chicago, she reports to Joe Senko, National Head of Residential Asset Management. Charnas brings more than 20 years of experience in commercial real estate, most recently as a project director of transitional assets and a vice president of asset management at Inland American Business Manager & Advisor, Inc.

Emily Zagorski joined as a Vice President to lead Product Development across the real estate investment platform in the Americas. Based in New York, she reports to Marlena Casellini, Deputy COO for the Americas, Alternatives and Real Assets. Previously, Zagorski was with JPMorgan Global Wealth Management where she led several initiatives, including global funds management and product development for the private bank and alternative investment investor relations.

“We are pleased to welcome Matt, Peter, Cheryl and Emily to the team. The addition of these experienced professionals reflect our commitment to further enhance DeAWM's real estate investment offering as we continue to build out our alternative investment capabilities across products, functions and regions, “ said Pierre Cherki, Head of Alternatives and Real Assets, which includes the real estate business at DeAWM.

Deutsche Asset & Wealth Management

With approximately $1.2 trillion of assets under management (as at June 30, 2013), Deutsche Asset & Wealth Management is one of the world's leading investment organizations. Deutsche Asset & Wealth Management offers individuals and institutions traditional and alternative investments across all major asset classes. It also provides tailored wealth management solutions and private banking services to high-net-worth individuals and family offices.

1 Deutsche Asset & Wealth Management is the brand name for the Asset Management & Wealth Management-division of Deutsche Bank AG and its subsidiaries. The responsible legal entities offering clients products or services of Deutsche Asset & Wealth Management are listed in the respective contracts, sales materials and other product information documents.  I-032721-1.0

For Deutsche Asset & Wealth Management
Pholida Barclay
Phone: +1 (212) 250-6853
E-Mail: pholida.barclay@db.com

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