DWS Group, a private equity firm whose investment affiliate sponsors RREEF Property Trust, has appointed Kumber Husain as head of private equity, Americas, a newly created role. Based in New York, Husain will report to Mark McDonald, Global Head of Private Equity, who joined DWS in November 2017.
In his role, Husain will focus on the sourcing and execution of direct co-investment and secondary private equity transactions. Husain will collaborate closely with McDonald and the rest of the global private equity team, including Daniel Green, who joined in January as head of EMEA, to continue growing the private equity business and capitalizing on under-served secondary market opportunities as well as unique private market situations.
“I am delighted to welcome Kumber to lead our business in the Americas. He joins with an enviable mix of industry skills and expertise, together with a strong market reputation, which will help position us favorably to achieve our goals as a best-in-class private equity solutions partner,” said Mark McDonald, global head of private equity.
Husain joins DWS with more than 16 years of industry experience. Most recently, he was part of the senior investment team at Morgan Stanley Alternative Investment Partners, where he also sat on the Private Markets Investment Committee. At Morgan Stanley, Husain was actively involved in all aspects of investment process and client related activities – including the origination and creation of transaction opportunities, managing the due diligence process, fundraising initiatives and client solutions. Prior to this, he spent five years at WP Global Partners leading due diligence on private market strategies with emphasis on direct and co-investments.
With $2.6 billion in assets under management (as of September 30, 2018), the private equity business, which is part of DWS’s global Alternative platform with $86 billion in investments (as of September 30, 2018), offers direct equity co-investments and secondary solutions to institutional and private clients globally.