Deutsche Bank’s Elad Shraga Said to Leave to Start Own Fund
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Elad Shraga, Deutsche Bank AG’s head of structured finance, is leaving after 15 years at the company to start his own fund, according to a person with knowledge of the matter.
Shraga, 45, will manage a special-situations fund focused on credit and real estate in Europe, and has already raised capital, according to the person, who asked not to be identified discussing a bank employee. Daniel Pietrzak and Tom Cheung will replace Shraga in leading the structured-finance businesses for the Europe and Americas regions, Deutsche Bank said Friday in a memo to employees.