Hayfin Capital Management has expanded in the US with a new office in Chicago.
The alternative asset manager, which was majority acquired by Arctos Partners earlier this year, now has three offices in the US.
The firm, which has over €32bn (£26.6bn) in assets under management, said its Chicago presence would help it to identify new fundraising and investment opportunities.
Managing directors Steve Bringardner, who sits in the partners solutions team, and Andrew Merrill in the healthcare investment team will be based in Chicago to lead the efforts in developing the office and growing the team.
“Expanding our presence in North America is a top priority for us,” said Tim Flynn, co-founder and chief executive at Hayfin.
“Located in the financial center of the Midwest, our Chicago office will help our team to unlock new opportunities and build relationships across North America while further enhancing our (historically) best-in-class service to clients.
“Hayfin has a long-standing track record of serving the Chicago area since inception dating back to 2009, and the local office will enhance the existing relationships with client and investment partners.”
The opening of the Chicago office increases Hayfin’s total number of locations to 14 alongside the firm’s headquarters in London and offices in Dubai, Frankfurt, Madrid, Milan, Munich, New York, Paris, Luxembourg, San Diego, Singapore, Stockholm and Tokyo.
