INDUSTRY NEWS

Equity and investment firm Adveq set to move into Mayfair office space

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Adveq has announced it will be opening a new London office – the firm’s third office in the European region.

The private equity and real assets investment company is looking to further expand its global presence using the new Mayfair office space.

Vice president of Adveq, Farah Shariff, is set to head up the new Mayfair office. Shariff joined the firm last year after moving from her previous director role at placement agent MVision Private Equity.

Adveq chief executive officer, Sven Lidén, said: “The opening of our London office was a natural extension of our European presence and enhances the ability for us to serve our growing client base in the UK and Europe.

“It demonstrates the firm’s continuous and successful growth, leading to now broadening our global team to more than 90 people within seven locations.”

Adveq managing director, Tim Creed, added: “The UK has always been a very important market for us and we have a significant number of GP’s and investments there.

“Opening a London office is an exciting development to enhance our permanent presence in the UK.”

Established in 1997, Adveq has $5bn worth of assets as of June 1. It has a number of offices across the globe, including Zurich, New York, Beijing and Hong Kong. It also has a representative office in Sydney.

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