DBSI tabs Falk to head new group

Deutsche Bank Securities has named Managing Director Erik Falk to head a new Special Situations Group within the firm's Global Markets Division. The Special Situations Group will work with other third party intermediaries target assets and operating companies across a wide array of industries, including consumer and commercial finance, insurance and other companies with predictable cash flows and introduce services and products to companies, targeting acquisition and divestiture situations as well as companies with discrete capital needs. In his new role, Falk reports to Richard d'Albert, co-head of DBSI's Global Securitized Products Group.