Man, an alternative investment management business, has opened its first office to service the Dutch market. The new office is in Rotterdam from where the company will market its range of investment products.

Man says the new operation is a major step in expanding its activities in the Netherlands and a demonstration of the company's long-term commitment to the Dutch market. It is headed by Arthur Hopstaken and Willem Johannesma, who launched Hopstaken Johannesma & Co five years ago focusing mainly on the sale of Man products, and whose company has now been integrated into Man.

The Rotterdam team will provide alternative investments to banks, asset managers, financial advisors and high net worth individuals in the Netherlands. Man will continue to have a team based in London focusing on institutional clients in the Netherlands, led by Tjalling Halbertsma.

'The establishment of an office in the Netherlands reflects the great potential we see in the Dutch market', says Christoph Möller, managing director, global head of sales at
Man. 'It was the logical next step after having built up substantial business in the Netherlands during the last five years.

'It is also a sign of our confidence in the demand for alternative investments despite the turbulent environment. While market conditions remain challenging, being a well resourced and institutional quality firm, Man is well positioned to take advantage of the opportunities that will appear.'