New head begins role at new DB wealth unit

Deutsche Bank’s recently launched global private markets team will see a new head lead on real estate and private equity investments, among other non-traded products, for wealth clients

Karim Ghannan begins his new role on Tuesday 4 January.

He will be based in London and report to Kevin Lecocq, head of global investment solutions at Deutsche Bank’s private wealth unit.

Previously, he spent 11 years as a partner at Argan Capital Partners where he was responsible for principal investments.

In Ghannam’s new capacity, he will manage existing real estate and private equity groups, and build new products across less-liquid asset classes.

The global private markets unit will also specialise in infrastructure, direct access equity and debt products.

Deutsche Bank Private Wealth Management serves high net worth individuals, families and select institutions worldwide, as well as family offices and financial intermediaries.

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