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Jackson and Quan.

Berkeley Assets boosts Mideast capital raising team

DUBAI, October 8, 2018

Berkeley Assets, a multi-asset private equity company with investments in real estate, hospitality, logistics and technology sectors, has appointed a new team of capital raising associates to bring all marketing and direct client servicing in-house.

The initial seven-strong team of young former independent financial advisors and experienced professionals from the financial advisory world all come with strong track records of delivering excellent services to their clients and will now work solely as part of the Middle East team raising capital from the retail market.

A second team focusing on the Far East is due to follow in 2019, said a statement from the company.

Led by Senior Associate Justin Quan, the team will focus on bringing assets under management (AUM) on board for Berkeley Assets and raising capital for Cryptech World, a Berkeley Assets technology organisation, which was acquired by the private equity firm this July and has become overwhelmingly popular with investors keen to explore Blockchain and cryptocurrencies.  

The company operates more than 150 businesses, helping property developments, hospitality concepts and emerging businesses thrive. All underlying assets of the business are located in the UK and US.

The company’s portfolio of properties spans multiple sectors and includes existing and new to market assets in some of the world’s most sought after locations in the UK and US.

Mike Clark, partner at Berkeley Assets, said: "Bringing all capital raising in-house is an important step in the development of the firms retail capital division and means we retain complete control over the messaging and the way we communicate with our clients."

"When you are working with a combination of institutional investors, HNWIs and the retail market, it’s vital that each client receives a consistent level of service," he noted.

Omar Jackson, partner at Berkeley Assets, said: "We have built a reputation of successful returns and smart investments, by consistently offering clients reliability and credibility, and now we have a dynamic team of financial experts who live and breathe the Berkeley Assets portfolio and understand exactly how to maximise investment opportunities to deliver the best ROI (return on investments)."

Quan said: "We have seen the IFA industry in the Middle East decline in recent years due to a lack of strong, reputable advisors, but now we are able to cherry pick a team of exceptional individuals who come with thorough background checks, clean reputations and strong client bases."

"It offers us a greater sense of control to grow our retail market exponentially and reach more clients who want to be involved but so far haven’t had access," he added.-TradeArabia News Service




Tags: Middle East | capital raising | Berkeley Assets |

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