Deutsche Bank has named a new senior hire to its asset management team, bringing in veteran banker Jack Rabun to the group, who joins the lender as its Head of Asset Management and Investment Banking Coverage in the Americas, according to a Reuters report.
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In his new role as the Head of Asset Management, Mr. Rabun will be based out of New York, where he will be reporting to Celeste Guth, Deutsche Bank’s co-Head of the Financial Institutions Group (FIG). His hire heralds an expansion for the unit, which Deutsche Bank hopes to grow in the Americas region.
In this capacity he will be working closely with Tom Crowley, who will also continue to cover many of the major asset managers. Mr. Rabun joined Deutsche Bank from UBS, having worked as its Executive Director – FIG, Asset Management for the past six years. Prior to joining UBS in 2010, Mr. Rabun also held multiple level roles at other financial institutions.
This included roles as the Director, Private Equity and Investment Banking, Asset Management at Grail Partners LLC, an Associate at Putnam Lovell NBF, and a Senior Analyst at Cerulli Associates, dating back to 2001, according to information made public on his Linkedin profile.