Dan Robinson was named EMEA head of alternative credit at DWS Group.
It is a new position, a spokeswoman said. The appointment reflects the manager's efforts to build a European private credit business to add to its existing portfolio of alternative investments in the region, a Nov. 27 news release said.
The manager currently has €114 billion ($124.4 billion) in alternatives assets under management, according to the news release.
In February, the manager had hired Paul Kelly, senior managing director at Blackstone and chief operating officer of its credit division, as global head of DWS Group's alternatives franchise. Kelly said in the Nov. 27 news release that "there are clearly significant demand drivers and opportunities in the private debt market, and DWS has the alternatives investment heritage and robust foundation to deliver on its strategic growth ambitions in this sector. I look forward to working with the deep bench of talent at DWS to deliver bespoke solutions for our clients."
Robinson, who is based in London, was previously managing partner of capital asset solutions at Man Group. A Man Group spokesperson declined to comment.
As of Sept. 30, DWS Group had €860 billion in assets under management.
