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Massachusetts-based HarbourVest Partners, a global private markets investment specialist, has opened its third European office in Frankfurt, Germany. The new branch will offer its institutional and private wealth clients access to a broad range of expertise across investments, investor relations and operations.

Managing director Peter Wilson noted: “The German market is one of the strongest and most influential in Europe with institutional, private client and wealth management channels continuously increasing their allocation to private markets and seeking innovative solutions from investment managers. This is an exciting stage in our evolution as we continue to grow our capabilities across Europe, the Middle East and Africa [EMEA] and further deepen our connections with German clients.”

The announcement follows the opening of HarbourVest Partners’ Singapore office and brings its global footprint to 12 locations across the Americas, Asia-Pacific and EMEA regions.

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By GlobalData