FRANKFURT-Deutsche Bank's recently formed Deutsche Asset & Wealth Management arm on Monday unveiled a revamped for its RREEF Alternatives business. The team, which reports to RREEF head Pierre Cherki, includes new leaders for RREEF Infrastructure and RREEF Alternatives Asia Pacific.

“Infrastructure is an increasingly important asset class within our alternative investments offering,” Cherki says in a release. “New types of investors are coming into the asset class, such as insurance companies seeking stable investments with attractive income streams.” That influx, he adds, presents “significant opportunities for the infrastructure business as part of an integrated Asset & Wealth Management division.”

Effective immediately, the global RREEF Infrastructure business will be led by Hamish Mackenzie and Nadir Maruf, who will oversee Europe and Asia Pacific, respectively. The two are splitting the responsibilities of John McCarthy, formerly head of RREEF Infrastructure, who is leaving Deutsche Bank to pursue other opportunities. Further, Maruf, who was formerly head of Infrastructure for Asia Pacific, is now taking an expanded role to cover all alternatives asset classes in Asia Pacific.

The other members of the RREEF leadership team are as follows: COO Michael Luciano; Theresa Gusman, head of commodities; Mark G. Roberts, head of research & strategy; Todd Henderson, head of real estate Americas; John Robertson, head of real estate and infrastructure securities; Gianluca Muzzi, head of real estate Europe except for Germany; and Georg Allendorf, head of real estate Germany. DB combined its asset management and wealth management businesses last June.