RREEF Germany names new boss

Georg Allendorf is to become head of the alternative investments group in Germany following the appointment of its former boss, Holger Naumann, to a role in Deutsche Bank’s DWS group.

Deutsche Bank’s alternative investments platform RREEF has appointed Georg Allendorf as the head of its German operations.

The appointment was made after RREEF German’s former head Holger Naumann was named chief operating officer for Europe of Deutsche’s asset management group DWS. Naumann had headed RREEF Germany since 2005, and has worked within Deutsche Bank since 1981.

Allendorf was previously responsible for RREEF’s client management in Germany, Austria and Switzerland in addition to special funds for institutional investors. He has been at Deutsche Bank since 2003 and has a background in infrastructure and real estate investment. He is vice chairman of the European Association for Investors in Non-listed Real Estate Vehicles (INREV).

RREEF Alternative Investments is part of Deutsche Bank’s asset management group, with a focus on infrastructure, real estate and private equity. In June of this year RREEF had €42.9 billion of assets under management.