Partners Group, a Swiss private equity firm, has opened a new branch in North America. The latest addition to its network brings its total to 20.

Zug-based Partners Group moved into new offices in Toronto, its first branch in Canada, the company said in a statement on Tuesday. In the neighboring U.S., Partners Group already operates three branches with a total of 250 members of staff.

Brad Ballard is the head of the local branch in the Canadian city. He joined the Swiss company from Blackrock and has been charged with the further development of Partner Group’s network.

Partners Group generates about 18 percent of its client assets in North America, while about half of the money it invests ends up in that giant market.