DWS Group has appointed Kumber Husain as Head of Private Equity, Americas. Based in New York, Husain will report to Mark McDonald, Global Head of Private Equity, who joined DWS in November 2017.
In this newly created role, Husain will focus on the sourcing and execution of direct co-investment and secondary private equity transactions, delivering innovative opportunities and bespoke solutions to complement clients’ investment strategies. Husain will collaborate closely with McDonald and the rest of the global private equity team, including Daniel Green, who joined in January as head of EMEA, to continue growing the private equity business and capitalising on under-served and difficult to access secondary market opportunities as well as unique private market situations.
“I am delighted to welcome Kumber to lead our business in the Americas. He joins with an enviable mix of industry skills and expertise, together with a strong market reputation, which will help position us favourably to achieve our goals as a best-in-class private equity solutions partner,” says Mark McDonald, Global Head of Private Equity.
Husain joins DWS with more than 16 years of industry experience. Most recently, he was part of the senior investment team at Morgan Stanley Alternative Investment Partners, where he also sat on the Private Markets Investment Committee. At Morgan Stanley, Husain was actively involved in all aspects of investment process and client related activities – including the origination and creation of transaction opportunities, managing the due diligence process, fundraising initiatives and client solutions. Prior to this, he spent five years at WP Global Partners leading due diligence on private market strategies with emphasis on direct and co-investments.
With USD2.6 billion in assets under management (as of 30 September 2018), the private equity business offers direct equity co-investments and secondary solutions to institutional and private clients globally. The business is part of DWS’s global Alternatives platform, which has nearly USD 86 billion in investments.