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Deutsche Bank Plans Multi-Strategy Push Into Private Credit

  • Investments will include corporate, distressed and real estate
  • Raheman Meghji leads the effort, according to people familiar
A Deutsche Bank AG branch in the financial district of Frankfurt.

A Deutsche Bank AG branch in the financial district of Frankfurt.

Photographer: Alex Kraus/Bloomberg

Deutsche Bank AG is planning a fresh push into private credit across a range of strategies, according to people familiar with the plans. 

The plans include raising money from external investors to expand its offering in the $1.2 trillion market. The lender is seeking to raise about 2 billion euros ($2.14 billion) initially from new and existing investors for a range of potential investments including corporate, real estate, and distressed credit, said one of the people, who isn’t authorized to talk about it and asked not to be identified.