Deutsche Bank has won a fund services mandate from TIAA-CREF, a U.S. retirement systems provider with approximately $613 billion of assets under management.
TIAA-CREF selected Deutsche Bank Alternative Fund Services to provide fund administration services for various TIAA-CREF Asset Management alternative investment products.
“We selected Deutsche Bank for their superior client service, specialized knowledge, and experience servicing illiquid alternative investments,” says Jeffrey Barnett, head of Alternative Investment Product Management at TIAA-CREF.
“Deutsche Bank is proud to partner with TIAA-CREF on innovative alternative investment solutions,” says Tim Fitzgerald, global head of Alternative Fund Services, Global Transaction Banking at Deutsche Bank. “Our integrated model has been proven to reduce costs for fund managers while increasing the efficiency and transparency of their funds.”
Deutsche Bank Wins Alternative Administration Mandate from TIAA-CREF
Deutsche Bank has won a fund services mandate from TIAA-CREF, a U.S. retirement systems provider with approximately $613 billion of assets under management.