–News Direct–
UK-based asset manager, the Seventy Ninth Group, is increasing its international footprint further, with an expansion into the US market.
The US proposition, which has been in development for the past two years, has seen the Seventy Ninth Group build its relationships with existing and new partners across the country, with multiple private and commercial banks, administrators and insolvency practitioners, in order to secure a vast array of profitable opportunities for US investors looking to expand their portfolio into the UK real estate market.
Trusted by over 1000 investors across twenty-seven jurisdictions, clients in the US can now gain exposure to a portfolio of undervalued UK real estate assets of all types, such as residential housing, commercial offices and leisure holiday parks.
Jake Webster, Managing Director of the Seventy Ninth Group comments; This move into the US is a significant moment in our expansion strategy, and in our companys history. The business is always seeking to bring new and exciting opportunities to the territories we operate in, and the US will be no different.
The business will operate out of a registered office in Manhattan with an intent to build partnerships with established broker dealers to expand their broker network across the US.
Interested clients will be able to benefit from the Seventy Ninth Groups unique and trusted business model of capitalising within distressed markets, which subsequently thrive throughout periods of economic uncertainty and market turmoil.
Jake Webster continued; We are seeing US investors placing a lot of faith in the UK, but in particular into the UK real estate market. Recent reports show that US companies have now invested upward of 593 billion ($786 billion) in the British economy, so the time really has never been better to look for opportunities in the UK markets.
We are excited to open our office in the beating heart of global finance, New York City, and to work with like-minded investors from across the whole of the US.
For further information about the Seventy Ninth Group, visit www.the79thgroup.co.uk
The Seventy Ninth Group is an award-winning asset management company headquartered in the United Kingdom. Founded by serial entrepreneur David Webster and his two sons, Jake and Curtis Webster. The Seventy Ninth Group holds a unique and advantageous position in both the real estate and natural resource sectors, specialising in the acquisition, management and development of lucrative assets during times of economic turmoil and uncertainty. A family-owned business, the Seventy Ninth Group is chaired by David and his sons, Jake and Curtis, along with an experienced board of directors most of whom derive from a banking & compliance background. The Seventy Ninth Group is renowned for its strong family values of loyalty, honesty, and reliability, and is respected by their clients globally. Alongside the Seventy Ninth Group, the Webster family provides a series of niche offerings within the real estate industry, consisting of:
Seventy Ninth Resources
Seventy Ninth Resources, based in the Republic of Guinea, is the natural resources arm of the company with a series of natural resources concessions that include gold, bauxite, iron ore and diamonds. Seventy Ninth
Private Equity Fund
A private equity fund domiciled and headquartered in Gibraltar, a British Overseas Territory. The PEF is authorised and regulated by the Gibraltar Financial Services Commission (GFSC). Seventy Ninth Global DMCC
Seventy Ninth Global DMCC is a private offering that is available to partners who have an understanding of, and interest in, the commodities world and who are seeking to grow their portfolios within the natural resources sector.
Contact Details
Liam Britnell
+44 7453 364820
Company Website
View source version on newsdirect.com: https://newsdirect.com/news/leading-british-asset-management-firm-seventy-ninth-group-expands-offering-into-us-178985375
The Seventy Ninth Group
COMTEX_438404570/2655/2023-08-14T06:34:15