NEW YORK, September 12 /CNW/ - Deutsche Bank Securities Inc. today
announced that Monte Koch has been appointed Global Head of Real Estate
Investment Banking. Koch, a veteran banker for more than 20 years, has served
in a variety of leadership roles at Deutsche Bank and, for the last several
years, has been extensively involved with the firm's most prominent real
estate, gaming and lodging clients.
After more than 21 highly successful years in investment banking and most
recently serving as Global Head of the Bank's Real Estate Investment Banking
practice, Devin Murphy has decided to leave the Bank to pursue other
interests. In the coming months, Murphy will serve as an advisor to the real
estate business, ensuring a smooth transition in strategy and client coverage.
"We're extremely pleased that Monte has expanded his leadership
responsibilities to now include our industry-leading real estate, lodging and
gaming practice," said Thomas Gahan, CEO of Deutsche Bank Securities Inc. "His
proven reputation as a trusted advisor to clients coupled with his tenured
history as a leader in senior management of the firm will allow him to marshal
the resources needed to build our REIB practice even further."
Jacques Brand, Co-Head of Global Corporate Finance said, "As a longtime
friend and M&A partner for over a dozen years, Monte and I share a passion for
the real estate, gaming and lodging sectors. He has been instrumental to the
growth of the firm's real estate investment banking business for many years
and is the natural choice to lead REIB in its next stages of global growth."
"Over the years, Devin has made a major contribution to the Bank's real
estate corporate finance business and has been a key factor in the success we
have enjoyed to date," said Jim DeNaut, Co-Head of Global Corporate Finance.
"We are extremely grateful for Devin's contributions to the Bank. We wish him
the best in his future endeavors, and we look forward to his continued
guidance in his role as an advisor to our practice."
The Real Estate Investment Banking Group at Deutsche Bank, which covers
the real estate, gaming, and lodging sectors, is the largest coverage group at
the Bank. Over the past sixteen months, the group has been involved in every
significant transaction in the sector, including Blackstone/Equity Office
Properties, Blackstone/Hilton Hotels, Apollo-TPG/Harrahs Entertainment, Colony
Capital/Station Casinos, Fortress/Penn National Gaming.
Deutsche Bank (NYSE: DB) is a leading global investment bank with a
strong and profitable private clients franchise. A leader in Germany and
Europe, the bank is continuously growing in North America, Asia and key
emerging markets. With 75,140 employees in 75 countries, Deutsche Bank
competes to be the leading global provider of financial solutions for
demanding clients creating exceptional value for its shareholders and people.
Deutsche Bank Securities Inc., member NYSE, NASD and SIPC, is the
investment banking and securities arm of Deutsche Bank AG in the United
For further information:
For further information: Deutsche Bank Press and Media Relations: John
Gallagher, 212-250-4516 or Scott Helfman, 212-250-5602