Deutsche Private Bank has hired a former UBP executive as its head of alternatives specialists, based in Singapore.
Deutsche Private Bank in Singapore has appointed Michael Ostro as head of alternatives specialists, according to an announcement, effective September 28. In the role, he reports to Gian Maria Piccolo, the German private bank’s head of investment management for emerging markets, and work closely with investment, product, and front office teams across regions.
Ostro has expertise across private equity, private credit, real estate, and infrastructure investing. He joins from Union Bancaire Privée, where he was most recently head of investor relations for private markets group. Prior to that, he also served as head of Asia private markets group at the Swiss pure-play.
“Michael will lead our Emerging Markets Alternatives Specialists team and play a key leadership role in further expanding our alternatives franchise, deepening client engagement and strengthening capabilities across private markets,” Piccolo commented.
