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DWS Group

#1968

Rank

$8.31B

Marketcap

DE Germany

Country

DWS Group
Leadership team

Ms. Claire Peel (CFO, Head of CFO Division & Member of Exec. Board)

Mr. Stefan Kreuzkamp (Chief Investment Officer, Head of Investment Division & Member of Exec. Board)

Mr. Mark Hunter Cullen (COO, Head of COO Div, Regional Head of the Americas, CEO of DWS Americas & Member of Exec. Board)

Products/ Services
Information Technology
Number of Employees
1,000 - 20,000
Headquarters
Melbourne, Victoria, Australia
Established
1992
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
DWS.F
Social Media
Overview
Location
Summary
DWS Group GmbH & Co. KGaA offers asset management services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company's products and solutions cover equities, fixed income, cash, real estate, infrastructure, and private equity, as well as a range of sustainable investments. Within private equity, the firm specializes in co-investment, emerging markets, small and medium-sized companies, direct buyout, secondaries PE markets and structured capital solutions to private equity firms. The firm typical private equity investments include follow-on equity capital to fund M&A for an existing portfolio company, taking a minority interest in a portfolio company to allow for partial liquidity or providing flexible capital for continuation situations around a single asset. The firm also takes majority stakes in its portfolio companies. Within private equity, the firm typically invests in North America and Europe in seasoned, performing assets. It serves retail and institutional investors. The company is based in Frankfurt am Main, Germany. DWS Group GmbH & Co. KGaA is a subsidiary of DB Beteiligungs-Holding GmbH.
History

DWS was founded in Hamburg in 1956 as "Deutsche Gesellschaft für Wertpapiersparen mbH" , the name was later shortened to DWS, "Die Wertpapier Spezialisten" . Originally, the activities involved products and investment services that were initially offered to investors in Germany and throughout Europe. Activities under the DWS Investments brand were later expanded to include separate line-ups of products and investments services for investors in the USA, Asia and other regions.Originally Deutsche Bank held 30% of DWS while the rest was held by other financial institutions. However by 2004, DWS was wholly owned by Deutsche Bank.In 2009, DWS took control over Rosenberg Real Estate Equity Funds which was also owned by Deutsche Bank.In 2012, Deutsche Bank announced the establishment of its Asset & Wealth Management division which DWS was fully integrated into. The DWS brand name was retained as the name for the German retail business. However in 2015, AWM was split into Deutsche Asset Management and Deutsche Bank Wealth Management.In 2017, Deutsche Asset Management was rebranded to DWS with Deutsche Bank planning to publicly list a minority stake of it.In 2018, DWS was spun off as a separate company through an initial public offering on the Frankfurt Stock Exchange. However despite being a separate company, the majority of DWS shares are still held by Deutsche Bank at 79.49%.In October 2018, DWS named Asoka Woehermann as the replacement for former CEO Nicolas Moreau.A DWS annual report in 2020 claimed that half of the company's assets ran through environmental, social and corporate governance criteria. An internal report contradicted this, and stated that only a small amount of the firm's investments applied ESG. As a result of the probe, German regulators began investigating Deutsche Bank president Karl von Rohr's role in the DWS.In 2021, The Wall Street Journal reported that the United States Department of Justice and U.S. Securities and Exchange Commission were investigating DWS' claims of sustainable investing.In 2022, Woehermann resigned from his post of CEO after the company’s offices in Frankfurt were raided by police. He was replaced by Stefan Hoops who was previously head of the corporate bank at Deutsche Bank.

Mission
DWS’ mission is to help their clients invest for a better future. They do this by offering their clients the expertise and capabilities necessary to navigate the capital markets and help them realize financial success.
Vision
DWS’ vision is to be a trusted partner for their clients, delivering competitive and attractive returns, while helping them to build value for their investors.
Key Team

Mr. Dirk Goergen (Member of Exec. Board & Global Head of Client Coverage Division)

Mr. Manfred Bauer (Member of Exec. Board & Head of Product Division)

Mr. Mark J. McDonald (Global Head of Private Equity)

Mr. Stefan Hoops (CEO & MD)

Mr. Kumber Husain (Head of Private Equity, Americas)

Mr. Daniel Green (MD & Head of EMEA, Private Equity)

Mr. Oliver Flade (Head of Investor Relations)

Recognition and Awards
DWS has been awarded numerous awards for its products, services, and investments, including the following:-M&A Advisor Awards 2018-Global Capital Awards 2017-Financial Times Funds Service Rich List 2017-Financial Times Global Awards 2016-CNBC Financial Advisor Awards 2016
References
DWS Group
Leadership team

Ms. Claire Peel (CFO, Head of CFO Division & Member of Exec. Board)

Mr. Stefan Kreuzkamp (Chief Investment Officer, Head of Investment Division & Member of Exec. Board)

Mr. Mark Hunter Cullen (COO, Head of COO Div, Regional Head of the Americas, CEO of DWS Americas & Member of Exec. Board)

Products/ Services
Information Technology
Number of Employees
1,000 - 20,000
Headquarters
Melbourne, Victoria, Australia
Established
1992
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
DWS.F
Social Media