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Deutsche Bank’s PE arm buys out Zurmont Madison investors

Zurmont Madison has restructured its 2007 vintage private equity fund and rolled its team into a Swiss asset manager

Deutsche Bank, Frankfurt
Deutsche Bank, Frankfurt Photo: iStockphoto

Swiss private equity firm Zurmont Madison has restructured its one and only fund with the help of Deutsche Bank’s private equity arm, months after investors called to cash out of the fund.

A person familiar with the matter said secondaries funds run by DB Private Equity had bought the assets in Zurmont Madison’s fund.

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