Griffin Capital Management, an Eastern European fund management boutique, plans to expand distribution of its funds in the UK, with Sweden and Italy to follow.

Based in London, Griffin has raised the majority of its $150m (€165m) in assets under management from Germany. Jurgen Kirsch, Griffin's founder, said that the company's two retail mutual funds are currently registered in Germany because the group's first distribution agreement was with Swiss-based fund manager the Partners Group, which had strong interests in the country.