PRZOOM - /newswire/ -
Washington, DC, United States, 2007/06/16 - The US Investment Firm, Denison and Porter has announced plans to open its first Western European office in the growing city of Muenster, Germany by the end of the fourth quarter of 2007.
The Investment Firm, Denison and Porter, recognizing the growing potential in Northwestern Germany, announced today that it would develop upon its interests in Western Europe by establishing an office in the developing market of Muenster, Germany.
As the company’s first office on the continent, this is an important step in forming a regional presence. D&P’s managing director announced the plans to a receptive audience of board members on Friday noting that “it is the character of this company which has permitted us to plant a seed in a market that is otherwise dominated by a very predictable demographic.”
The company plans to redirect equity investment currently focused in North America, to the new market and plans to open its second alternative private equity establishment, in the food services industry, by the first quarter of 2008. In addition, DP Deutschland will begin assessing a diversified group of private equity assets with the goal of acquiring its first commercial property by the second quarter of 2008.
The company is currently considering candidates for the position of regional manager and has announced that four will staff the office.
Founded in 2003 by Jonathan Fantini Porter, Denison & Porter (denisonporter.com) represents a global circle of accredited investors under 30. D&P encompasses a holding company, managed fund and real estate investment trust with offices and advisory offices in Argentina, Canada, Germany, the United Kingdom and the United States.
The managed fund, based in Los Angeles, California, targets alternative investments in South America and Western Europe. Beginning in July 2007, Denison and Porter Capital will provide the resources necessary to transform and develop undervalued companies into market leaders.
The company’s strategy balances a diversified portfolio of investments in traditional and alternative asset classes with interests on three continents.