Hayfin Capital Administration has expanded within the US with a brand new workplace in Chicago.
The choice asset supervisor, which was majority acquired by Arctos Companions earlier this yr, now has three workplaces within the US.
The agency, which has over €32bn (£26.6bn) in property underneath administration, stated its Chicago presence would assist it to determine new fundraising and funding alternatives.
Managing administrators Steve Bringardner, who sits within the companions options group, and Andrew Merrill within the healthcare funding group shall be primarily based in Chicago to guide the efforts in creating the workplace and rising the group.
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“Increasing our presence in North America is a high precedence for us,” stated Tim Flynn, co-founder and chief government at Hayfin.
“Situated within the monetary middle of the Midwest, our Chicago workplace will assist our group to unlock new alternatives and construct relationships throughout North America whereas additional enhancing our (traditionally) best-in-class service to shoppers.
“Hayfin has a long-standing observe report of serving the Chicago space since inception relationship again to 2009, and the native workplace will improve the present relationships with shopper and funding companions.”
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The opening of the Chicago workplace will increase Hayfin’s whole variety of places to 14 alongside the agency’s headquarters in London and workplaces in Dubai, Frankfurt, Madrid, Milan, Munich, New York, Paris, Luxembourg, San Diego, Singapore, Stockholm and Tokyo.