Deutsche Bank poaches Andrew Yeo for private equity role

Deutsche Bank has appointed Andrew Yeo as director of global credit trading û private equity, as it continues to strengthen its team to match the business growth in this area in Asia. Yeo joined the German bank last month from Temasek Holdings, where he was most recently a director, also with a focus on private equity.

Working closely with the bankÆs Hong Kong-based complex equity group, Yeo will help Deutsche Bank increase the variety of illiquid private equity investments that it offers. He will also be responsible for the sourcing and execution of new investment opportunities in non-Japan Asia. These will include co-investment opportunities where Deutsche Bank puts its own balance sheet to work and then syndicates out part of the deal to other investors - a practice called syndicated investing.

Yeo will be based in Singapore and report to Sajid Javid, the bankÆs head of global credit trading Asia.

ôAndrew brings unique insight to the range of synthetic private investment opportunities we offer our clients in Asia. His broad range of financial markets experience will be of particular benefit to our clients seeking exposure to key growth markets such as China, India and Vietnam,ö says Javid.

When Yeo worked with Temasek, which owns and manages the Singapore governmentÆs direct investments, he sourced, led and executed private equity investments in the technology, media and telecommunications sectors worldwide. Yeo has more than 12 years experience in the financial markets and has worked in a number of different roles within research, capital markets and balance sheet finance and investment.

Among other credit market activities, Deutsche BankÆs global credit trading business provides illiquid private equity investment choices for institutional investors. Last month the bank expanded its China global credit trading team with several new hires and newly created positions. As reported by FinanceAsia, Jianyi Zhu joined as a managing director and head of global credit trading for Greater China, Sun Yong Hong and Rowena Yue joined as directors and Gavin Xing came on board as vice president.