Berkeley Assets has launched its office in Latin America with the new office in Mexico, Latin America. The international private equity firm announced six offices as part of its global expansion plans.
The new office at Paseo de la Reforma district of Mexico city will serve the entire Latin Americal region through its vast and active distribution network. It has been anticipated that the Mexico City Office will raise USD 1 million per month from the retail market during the first year of operations. The office at Mexico will be managed by the team at Berkeley Assets’ London headquarters.
Omar Jackson, Partner at Berkeley Assets commented on the expansion. He chose Mexico as the financial hub of Latin America. According to him, Mexico is one of the strongest and most vibrant business destinations in the region. “Our market intelligence has told us that there is a strong demand from institutional investors as well as individuals in the region looking to place their capital in private equity, and more specifically placing it with international businesses, where possible,” concluded Jackson.
After opening an office in Marbella, Spain, the new office is second in the series of six. The offices in Hong Kong and Singapore will be launched in the second half of the year. The firm’s Dubai office will manage all Far East operations where it already has strong introducer networks.