One thing is for sure among European managers of funds of funds: A U.S. presence is a must-have if you want to assert yourself as a global player and have credibility with your investors.

This seems to count for both the veteran giants with tens of billions in their coffers–firms such as Netherlands-based AlpInvest, UK-based Pantheon and Swiss-based Partners Group–as well as the more modest players with single figure billions under management such as Swiss-based Adveq and CapVent. One of the most recent to open an office here is London-based Hermes GPE, which in July announced the opening of its Boston outlet.

All told, 28 funds-of-funds managers based in Europe have a U.S. office, out of a total 115 such managers registered in Europe, according to research from data provider Preqin.

Click through to see a slideshow showcasing some of the most prominent European-based fund-of-funds that have a strong US presence, ranked by assets under management.

Angela Sormani is a London-based correspondent for peHUB and sister magazines Buyouts and Venture Capital Journal.

CapVent

US Location: Chicago
Headquarters: Zurich, Switzerland
Other offices: India (Bangalore, Mumbai, Panaji); China (Shanghai)
Funds Under Management: US$1.1bn, of which $417m is US commitments
Investment strategy: Institutional private equity fund and direct co-investor with European, US and emerging Asia focused investment programs
Contact: Eric Oberfield, vice president
Tel: (312) 445-6277

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