Matthew Lamb joined Deutsche Asset & Wealth Management as co-head of alternatives coverage in the global client group, said a spokesman.
The position is new, and Mr. Lamb started Monday. He reports to Dario Schiraldi, head of the global client group.
The firm created an alternatives investment specialist team, which is responsible for retail and institutional coverage of liquid and illiquid alternatives. Mr. Lamb co-heads the team with Gianluca Muzzi, who also retains existing responsibilities as co-head of real estate for Europe.
Mr. Lamb was previously head of institutional and fund distribution for the U.K. and Middle East at GAM. Mark Willmott took on his U.K. institutional business responsibilities, and his responsibilities in the Middle East were taken on by Rossen Djounov, head of structured investments who covers South America, Eastern Europe and Australia from a sales perspective, at GAM.
DeAWM has €1.09 trillion ($1.17 trillion) in assets under management. Starting Jan. 1, the money management division will be split out of Deutsche AWM, to become a standalone business.
