DWS, Deutsche Bank and Al Mirqab launch €1bn German mandate
A €1bn (£875m) German Opportunities Mandate has been launched under a long-term collaboration between DWS, Deutsche Bank and Al Mirqab Capital, a Doha-based private family office.
The collaboration between the three parties has been formalised through a memorandum of understanding.
The mandate, which will target €1bn in size, will see DWS act as investment manager, drawing on its expertise in infrastructure, real estate, direct lending and asset-based finance, in close cooperation with Deutsche Bank.
Read more: Invesco strengthens private markets push with new DACH distribution head
The mandate will invest in Germany and across the wider European economy, targeting sectors including energy, transportation, defence, education, telecommunications, as well as technology and innovation.
“This collaboration reinforces our position as the gateway to Europe for global investors seeking high-quality exposure to the region,” said Stefan Hoops, chief executive of DWS. “We provide deep expertise across investments spanning infrastructure to private credit in small to medium-sized enterprises, and we look forward to building on this collaboration in the years ahead.”
The firms explained that Germany’s €500bn infrastructure fund provides a backdrop for private capital investment opportunities over the coming years.
Read more: Pathway Capital Management opens Munich office
“Germany is firmly back on the agenda for international investors, as a stable, reliable partner and an attractive growth case,” said Christian Sewing, chief executive of Deutsche Bank. “We are honoured that Al Mirqab Capital chose Deutsche Bank and DWS to provide access to this growth story.”
“As Europe’s largest economy and a global industrial powerhouse, Germany stands at the forefront of a remarkable investment renaissance,” added HE Sheikh Mohammed bin Hamad Al Thani, chief executive of Al Mirqab Capital. “Our commitment to Germany reflects our strong conviction in its pivotal role in fostering innovation, sustainability and economic resilience, especially at this critical juncture for Europe.”
