17 Oct Preqin Opens New Offices in Chicago and Tokyo
Regional offices will cater to growing client base in US Midwest and Japan
CHICAGO–(BUSINESS WIRE)–#Data–Preqin is pleased to announce the opening of two new office locations in Q4 2019, as it establishes a permanent presence in Chicago, US and Tokyo, Japan. These locations are in addition to existing Preqin offices in London, New York, San Francisco, Singapore, Hong Kong and Bangalore. Preqin now employs more than 400 staff in eight offices on three continents.
Preqin selected Tokyo and Chicago because of the significant size of the alternatives industry in these regions and its commitment to meet its clients where they operate, and to understand their local markets. To further that goal, both offices will have sales, client success and research teams to assist clients and to gather intelligence and insights.
James Grove, Preqin’s Head of US Operations, said “we have long considered opening an office in the Midwest to better serve our clients and accelerate our growth. AUM in the region is growing faster than in the US as a whole, and the number of operators based in cities like Chicago is expanding. The time is right to open an office to support them. We intend to tap into Chicago’s strong talent pool and aggressively expand our presence.”
Of the Tokyo office, Ee Fai Kam, Head of Asia Operations, commented “Japan is an incredibly vibrant market, which is forecasted to reach $5.7tn in GDP in 20201. We have had teams focusing on the region for some time, but we felt our clients would benefit from dedicated on-the-ground support. Our local presence ensures our clients in the region will receive the best possible expertise and service.”
Preqin’s office in Chicago opened in late September, and is located on South Clark Street. Preqin’s Tokyo office will open on 1st November in the Otemachi district.
1: Trading Economics forecast, https://tradingeconomics.com/japan/gdp.
Preqin is the Home of AlternativesTM, the foremost provider of data, analytics and insights to the alternative assets community. From pioneering rigorous methods of data collection to developing a revolutionary platform, we have committed ourselves to furthering the understanding of alternatives for 16 years. Through close partnership with our clients, we build innovative tools and mine new intelligence to enable them to make the best decisions every day.
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