DWS, Deutsche Bank and Al Mirqab Capital, a Doha-based private family office, announced the launch of a €1bn ($1.16bn) German Opportunities Mandate on Thursday.

The firms signed a memorandum of understanding (MoU) to invest across industries such as energy, transportation, defence, education, telecommunications, as well as technology and innovation.

DWS will act as investment manager drawing on its capabilities in infrastructure, real estate, direct lending and asset-based finance, in close cooperation with Deutsche Bank.

Stefan Hoops, CEO at DWS said: “This collaboration reinforces our position as the gateway to Europe for global investors seeking high-quality exposure to the region.”

“We provide deep expertise across investments spanning infrastructure to private credit in SMEs, and we look forward to building on this collaboration in the years ahead.”

The firms hope to capitalise on Germany’s fiscal defence and infrastructure spending, including a €500bn infrastructure fund, which they said provides a strong backdrop for private capital investment opportunities.

Christian Sewing, CEO at Deutsche Bank added: “Germany is firmly back on the agenda for international investors – as a stable, reliable partner and an attractive growth case.”

“We are proud to help bringing in international capital to support Germany and Europe on their way to advance growth, strengthen competitiveness and transform their economies.”

HE Sheikh Mohammed bin Hamad Al Thani, CEO at Al Mirqab Capital said: “As Europe’s largest economy and a global industrial powerhouse, Germany stands at the forefront of a remarkable investment renaissance.”

Source: Fundselectorasia