The Raine Group has opened a newly expanded London office in Marylebone, the company said.
The firm also promoted Jason Schretter to partner and will attach him to the firm´s new London office.
Schretter, who joined Raine in 2010, focuses on advising and investing across the global media and communications sector. He will help lead the firm´s efforts on the ground alongside partner Fred Davis, who will continue to split time between Europe and the US.
Schretter will also lead the firm´s initiatives across the broader Europe, Middle East, and Africa (EMEA) region. The new office and expanded team will further strengthen the global reach of Raine and enhance its network in Europe and worldwide.
The Raine Group is a global merchant bank focused exclusively on technology, media, and telecommunications. Raine has in excess of USD 2bn in assets under management. The firm has offices in New York, San Francisco, Los Angeles, London, and Shanghai.