FocusPoint Europe Opens London Office as European Investors continue to access U.S. Technology, Growth, Buyout, Credit and Income-related Strategies
New York, NY, September 28, 2021 – FocusPoint Europe (“FPE”), an affiliate of FocusPoint Private Capital Group (“FocusPoint” or “FPCG”), has been established in London. FPE is owned by LANDC Investment, LLC, (“LANDC”), a private investment firm, which also owns FPCG in the U.S.
FPE was launched with the express goal of helping European institutional investors access private market managers, including equity, technology, credit and income-related strategies. FPE’s initial international office is in London. As mentioned, the company is an affiliate of FocusPoint, a U.S. broker dealer operating an independent capital raising and advisory firm specializing in private capital markets.
Jeremy Ward has been appointed a director of FPE responsible for marketing and raising capital from family offices in the UK and mainland Europe. Prior to joining FPE, Ward was an executive at GVO and Crux Asset Management where his focus was primarily marketing to family offices. Mr. Ward holds a BA in International Relations from Brown University
“The launch of the London office underscores a notable shift in how we feel limited partners (LP) globally are looking at their portfolios. If you aren’t looking at each sector with a technology lens you most likely aren’t going to find high growth” said David Conrod, CEO, LANDC Investment, and FocusPoint.
The establishment of FPE follows a FocusPoint finding earlier this year in its inaugural Alternatives Asset Allocation Survey that found 52% of the limited partners surveyed had an overwhelming interest in allocating or increasing exposure to technology funds in the coming 12 months. In conducting this survey FocusPoint contacted 75 LP’s and spoke one-on-one with 49 globally about how, in the coming year, COVID-19 was influencing their investment strategies in private capital markets. These investors included insurance companies, public pensions, and asset managers with a combined $4.9 trillion in total assets under management.
“Given an overall under allocation in prior years and with technology disrupting every sector, LPs realize they can no longer avoid allocating to technology” Conrod continued. “It’s quite apparent that two years ago, some of our clients did not have the tech exposure they now have across their portfolios. Over the past year we are seeing a technology element in virtually every strategy in which we're involved.”
About FocusPoint Private Capital Group
FocusPoint Private Capital Group (https://www.fpcgllc.com/) was founded in 2010 by Guggenheim Partners veterans David Conrod and Robert Mortimer. Headquartered in New York City, the Firm is an independent capital raising and advisory firm specializing in private capital markets. The Firm, wholly owned by LANDC Investment LLC, a private investment firm, raises capital for private equity, credit, real estate, real assets and direct transactions in both developed and emerging markets. FocusPoint, operates as an SEC registered, FINRA regulated broker-dealer in the U.S. and is a member of SIPC.
For Media:
Craig Allen, Managing Principal
Allen & Associates Communications
P: +1 475 419 4468
craig.allen@aacomms.net