Michael Madia Joins RREEF Infrastructure Americas as Operating Partner

RREEF Infrastructure, the infrastructure investment business of Deutsche Bank’s Asset Management division, announced today that Michael Madia has joined as a Director and Operating Partner in New York. He is responsible for helping to identify investment opportunities and optimize the performance of energy infrastructure portfolio assets in North America. Madia is based in New York and reports to William Reid, a Managing Director and Head of RREEF Infrastructure Americas.

Madia has over 30 years of operational experience in the energy industry, most recently as Chief Operating Officer of Fisherman’s Energy, LLC an offshore wind developer, where he was responsible for project development, finance, strategy and operations. Prior to this, he was a Managing Director at Culminant Energy Development, an energy and project development advisory firm focusing on renewable project development and M&A due diligence. Previously, Madia was Chief Operating Officer of Con Ed Development, Inc. (CED), the competitive generation subsidiary of Consolidated Edison, Inc. At CED, he was instrumental in growing the business, leading to the successful $1.47 billion divestiture in 2008.

"Michael’s appointment complements the build-out of the Americas senior leadership team,” said Reid. "His deep operational and technical background in the highly complex power industry will be critical to our ability to capitalize on the compelling investment opportunities we see in energy infrastructure across North America.”

The RREEF Infrastructure Americas business was established in 2010. Madia’s hire follows the appointments of Sarah Foley and Justine Gordon, who joined as Directors in September 2010, to lead acquisitions; and Vince White, Vice President, who joined in March 2011 and is responsible for due diligence and asset management.

Madia earned an MBA from the University of Maryland and a BS from the Pratt Institute.

RREEF Infrastructure is the infrastructure investment business of Deutsche Bank’s Asset Management division. RREEF Infrastructure has been investing in infrastructure assets since 1994, and today predominantly focuses on economic infrastructure such as transportation, utilities and energy related assets. RREEF Infrastructure is one of the world’s largest infrastructure managers with approximately $16.4 billion in direct and listed infrastructure assets under management as of September 30, 2011. With extensive experience in acquiring, actively managing and restructuring or exiting infrastructure investments as an equity or principal investor, RREEF Infrastructure aims to deliver diversification, preservation of capital, superior yield and long-term performance consistent with the objectives of its clients.

About Deutsche Asset Management

With approximately $692 billion in assets under management globally as of 30 September 2011, Deutsche Bank’s Asset Management division is one of the world's leading investment management organizations, not just in size, but in quality and breadth of investment products, performance and client service. The Asset Management division provides a broad range of investment management products across the risk/return spectrum.

About Deutsche Bank

Deutsche Bank is a leading global investment bank with a substantial private clients franchise. Its businesses are mutually reinforcing. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With more than 100,000 employees in 73 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions, creating lasting value for its clients, shareholders, people and the communities in which it operates.

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