大香蕉

DWS Group, Deutsche Bank AG’s,:) asset manager, has partnered with Frankfurter Leben, a life‑insurance consolidator, to tap into the sector’s large capital pools. The partnershipLaw. The German money manager will help finance Frankfurter Leben’s purchase of elasticity unit of Athora Holding Ltd.

Under the deal, DWS will invest a "low to mid double‑digit million‑euros" in a restricted Tier‑1 capital instrument of Frankfurter Leben, according to the statement released Thursday. This injection of capital is intended to strengthen Frankfurter Leben’s balance sheet, enabling it to pursue further consolidation in the life‑insurance market.

The move underscores Deutsche Bank AG’s strategy to deepen its footprint in private‑markets financing, using DWS Group’s global reach to support insurance sector growth. By backing a domestic consolidator, DWS can access a steady stream of capital from institutional investors seeking exposure to the insurance‑backed debt market.

Overall, the partnership signals a broader trend of banks leveraging asset‑management arms to support niche sectors while generating new fee income streams.