Stockbridge Real Estate Funds is considering a takeover bid for the management of a $2.6bn real-estate fund run by Deutsche Bank’s property investment unit, reports the WSJ. Such moves are rare partly because property funds often consist of scores of properties. But some top executives of Stockbridge know the Deutsche Bank fund’s 92 investments well, having worked for the bank’s unit, RREEF, when the fund made deals that are now threatening to push it into a bankruptcy filing.

This entry was posted by Gwen Robinson on Wednesday, August 19th, 2009 at 4:46 and is filed under Capital markets. Tagged with deutsche bank, Stockbridge. Edit this entry.