DWS has appointed Florian Jacob (pictured) as head of private corporate credit, to lead the European segment of the alternative asset manager’s private corporate credit strategy.
Jacob will report to Patrick Connors, global head of private credit at DWS.
He brings over a decade of experience in private debt, credit trading, and structured finance, having previously held roles within Deutsche Bank’s investment bank in areas such as direct lending, corporate structuring and illiquid credit trading.
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Most recently he was a part of the bank’s European direct lending business, responsible for originating, structuring and executing private debt financing solutions across EMEA focusing on middle market and special situation transactions.
In his new role, Jacob will continue to build on the partnership between DWS and Deutsche Bank.
DWS was spun out of Deutsche Bank in 2018 but maintains a long-term cooperation with the bank, which is still the majority shareholder. It recently signed a “strategic collaboration” that gives it preferred access to private credit opportunities originated by the bank.
The two firms have already cooperated on the European Direct Lending Fund I and DWS said that the asset manager is “well-positioned to scale quickly”.
“We are thrilled to welcome Florian to DWS as head of private corporate credit,” said Connors. “His deep expertise in private debt and proven leadership in origination and structuring makes him an ideal fit to lead our private corporate credit strategy. Florian’s appointment is not only a continuation of our successful partnership with Deutsche Bank through the European Direct Lending Fund I, but also a critical step forward.
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“For our clients, this means access to a broader and more integrated pipeline of high-quality private credit opportunities, supported by a team that is already in place and ready to execute. We are building a platform that combines our investment management strengths with differentiated sourcing capabilities – enabled by our expanded strategic collaboration with Deutsche Bank.”
