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

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

Business Wire

NEW YORK -- September 30, 2013

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

“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.


For Deutsche Asset & Wealth Management
Pholida Barclay
Phone: +1 (212) 250-6853
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