Slideshow: European Fund-of-Funds Build Up U.S. Offices

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.

Leave a Reply

PE HUB Community

Join the 12523 members of PE HUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget