Ads
August 07, 2005
Withers to open a branch in Greenwich
Withers is planning to open its third office in Greenwich, Connecticut. The private client specialist fund already has offices in New York and New Haven. It also plans to be present on the West Coast in near future. Withers already has many clients in Greenwich and sees the prospect of several others. The firm selected Greenwich as it is considered to be the richest town in the US. Withers’ UK managing director Margaret Robertson commented that though the town has potential, there are very few firms in Greenwich. As of now there are no international firms operational in the town – hence the plan to open its branch there. The company has been on an investment spree the whole of last financial year and yet managed to show overall returns of 11%. Thelawyer.com:
“The last financial year has been another year of investment for Withers, which merged with US firm Bergman Horowitz & Reynolds in 2002. As well as opening in Geneva at a cost of around £1m the firm has upgraded its IT with a new Elite accounting system, setting it back some £1.2m.”
Read More: Withers in hedge fund drive with third US arm
--
Did you enjoy this post?
Comments
Post a comment
« Some valuable advice from the guru of hedge funds | Main | Acxiom undergoing major transformation – Morgan »
Syndicate
Comments