Michael Hoelter, DWS: “We will raise capital as early as 2022 for our renewable energy vehicle

Exclusive interview with the heads of Deutsche Bank and German asset manager DWS on the occasion of the launch at COP26 of their first dedicated renewable energy fund, which is ultimately targeting $500m.

21/12/2021 at 15h27, by Africa Business+

Kamran Khan, a former vice president of programmes at the Millennium Challenge Corporation, is managing director and head of ESG for Deutsche Bank’s Asia-Pacific region, a position created in 2020. He will be responsible for links with the Green Climate Fund, the first investor ($80 million) in the new fund. Michael Hoelter is senior principal investment at DWS, the former integrated asset management arm of Deutsche Bank (which owns 79.49%) and Germany’s largest asset manager ($880 billion under management). He leads the renewable investments at DWS, which has pledged to contribute 3% to the new fund and will manage it.

Africa Business+ interviewed them on the role of the new fund and asset managers in the energy transition, and on the relationship between the private sector and public institutions.

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