The US$1.271 trillion-under-management Deutsche Asset & Wealth Management (DeAWM) has added two senior professionals to its private equity and private markets business as it continues to expand the range of alternative investment solutions it offers, according to an announcement.
Jason Sambanju joins as head of Asia secondaries based in Hong Kong in a newly created role. Sambanju comes from Paul Capital, where he was co-head of Asia. In his new role, Sambanju is responsible for sourcing and executing secondary private equity investment opportunities across the Asia region.
Claudio Siniscalco joins as global co-head of co-investments based in London from HarbourVest Partners, where he was a co-head of the London direct investment team.
In this capacity, he will be responsible for sourcing and executing co-investment opportunities for discretionary and non-discretionary private equity mandates, along with fellow co-head, Francesco Rigamonti. Siniscalco will also spearhead DeAWM’s platform for private investments in wealth management, servicing ultra-high-net-worth and key clients.
"Claudio and Jason’s appointment enables us to build on the considerable momentum already achieved in our secondary business and to expand our ability to offer co-investment opportunities to clients within our private equity business, as well as in other private markets," says global head of private equity at DeAWM, Pirzio-Biroli.