RREEF handles investments in real estate, infrastructure, private equity and hedge funds. It is the biggest fund of its kind in the world, managing more than ?64bn (£44.6bn) worth of assets worldwide.
The work has already begun to flow in for the firms. Fladgate has advised RREEF on its £100m acquisition of Four Pillars Hotel Group, while earlier in the year SJ Berwin bagged a role advising RREEF on its first-ever European infrastructure fund, which weighed in at ?2bn (£1.39bn).
RREEF confirmed that the panel review had taken place but declined to comment further.