Nuveen strengthens presence across Northern Europe with new office opening in Copenhagen
The office opening comes as a direct consequence of increased business volumes in the region and a strong wish to ensure that Nuveen has proximity to both present and future clients in the region.
The office, situated in Hellerup, just outside Copenhagen, will serve as the main hub for all advisory services activities across the Nordics and the Benelux region. The office, led by Per Frederiksen, Head of Continental Europe, Advisory Services, for Nuveen, has six full-time employees and is anticipated to grow further over the coming years.
This additional presence complements the existing investment presence, for Nuveen’s real estate activities, which are led from Nuveen Real Estate’s office in Stockholm and Helsinki, supporting investment activities across the Nordic region.
During the last three years, Nuveen has seen business inflow grow by more than 50% in the Nordics and Benelux. Clients include AP1, AP2 APG, PFA and Pensam for which Nuveen manages investments across real estate, private credit, farmland, private equity and forestry.
“Over the years we have expanded our business in this region to further service and develop client relationships. We take great pride in our heritage, and many of our client’s value Nuveen history. Our investment specialists have successfully invested through market cycles for over 100 years, for both TIAA and third-party investment partners. This heritage means we wholly understand the detailed needs of our clients and enables us to service them across a variety of needs,” commented Per Frederiksen.
Nuveen is one of the largest asset managers in the world, with more than 1,000 institutional clients across 40 countries. As the investment management arm of TIAA, a Fortune 500 financial services organization, Nuveen can support local institutional investors with a range of strategies, including tailor-made bespoke investment opportunities, and the option to align interests with TIAA capital.
Nuveen has been active in the Nordic region and Benelux for more than 10 years.
Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Nuveen has more than $1 trillion in assets under management as of 30 June 2019 and operations in 23 countries. Its affiliates offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information, please visit www.nuveen.com.