Deutsche Bank Raising $150M PE Fund Targeting Asia

Deutsche Bank has raised close to $31 million from 70 investors for DB Private Equity Asia Select Fund IV (U.S.) LP, according to an SEC filing. The target amount for the fund is $150 million. Names of the limited partners were not disclosed. The investment committee members for the fund are Colleen Sellers, Charles Kiley and Wes Sturdevant  in New York and Peter Pfister in Singapore, according to the filing. — Lawrence Aragon