Mayfair-based Murano Systems is planning to open an office in New York in the spring of 2013.
This will be the boutique company’s second office and will offer the same asset-raising services as the company’s existing London operation.
Murano’s way of streamlining the asset raising process caters to both investors and funds. The core business is identifying investors who are potentially interested in the specific characteristics their fund clients have on offer.
The firm works with funds, funds of funds and private equity houses of all sizes to help them find and identify investors.
Murano’s team of analysts call investors around the globe in order to pre-screen potential interest in a clients' fund. It is designed with both the investor and the fund in mind.
The establishment of a New York office is stage one of Murano's plans to expand globally.
"The UK research office can cover a large portion of the globe. However, we recognise that proximity is important to our US client base and, as always, we look to accommodate,” says founder Ole Rollag. “This new venture is designed to geographically broaden our client base. An office in New York represents an important step to what we hope will become a long-term strategic relationship with US based managers.”
Stage two of the global expansion plans is to establish an Asian research facility towards the latter half of 2013.
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