DWS appoints Mehta as CFO of PE business

DWS, the asset management unit of Deutsche Bank, has named Neel Mehta as chief financial officer of its global private equity business. Previously, Mehta worked at Mayfair Equity Partners LLP where he served as finance director.

PRESS RELEASE

DWS today announced the appointment of Neel Mehta to the position of Chief Financial Officer (CFO) of its global Private Equity business.

Mehta will lead the fund finance and accounting functions, working alongside the senior investment team to drive growth and support DWS’s USD 2.4 billion (as of December 2017) in private equity secondaries, as the regulated manager for the Private Equity Secondary Opportunities Fund (SOF) program. Mehta will be based in London.

As a Fellow of the Association of Chartered Certified Accountants, Mehta is highly skilled in all aspects of accounting, finance, regulation and tax. He joins the business with a thorough understanding of the private equity life cycle, including fundraising and limited partner due diligence – gained through previously held positions with managers and general partners of both fund-of-funds (primary and secondary) and direct private equity businesses.

With more than 20 years of experience, most recently Mehta was Finance Director at Mayfair Equity Partners LLP, where he built and managed the accounting and finance function, including fund structuring and regulatory planning. Prior to this, he was Finance Manager at Keyhaven Capital Partners Limited and a Finance and Investment Accountant at RIT Capital Partners Plc. Mehta is a member of the BVCA Regulatory Committee.

Mark McDonald, Global Head of Private Equity at DWS, said: “Neel has a proven and respected skill set in shaping financial best practice and a deep knowledge of the private equity landscape which will be critical as we re-position our business. We will continue to grow a best-in-class team that is focused on delivering value for our current and future clients.”

“I’m very pleased to be joining the DWS Private Equity team at such an important juncture,” Mehta said. “DWS is a world renowned institution and I look forward to working with Mark and the team to continue to deliver best-in-class systems, processes, structures and controls for our stakeholders.”

This follows the appointment of Daniel Green, Head of EMEA Private Equity, in January of this year.

DWS Group
DWS Group GmbH & Co. KGaA (DWS) is one of the world’s leading asset managers with EUR700bn of assets under management (as of 31 Dec 2017). Building on more than 60 years of experience and a reputation for excellence in Germany and across Europe, DWS aims to be recognized by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplines.

We offer individuals and institutions access to our strong investment capabilities across all major asset classes and solutions aligned to growth trends. Our diverse expertise in Active, Passive and Alternatives asset management – as well as our deep environmental, social and governance focus – complement each other when creating targeted solutions for our clients. Our expertise and on-the-ground-knowledge of our economists, research analysts and investment professionals are brought together in one consistent global CIO View, which guides our strategic investment approach.

DWS wants to innovate and shape the future of investing: with staff from 35 nationalities, speaking more than 75 languages rooted in 22 countries, we are local while being one global team.

Nothing contained herein is fiduciary or impartial investment advice that is individualized or directed to any plan, plan participant, or IRA owner regarding the advisability of any investment transaction, including any IRA distribution or rollover.

For informational purposes only, not a recommendation or endorsement of a specific security.