Florida-based Levitt Capital Management has opened its first overseas office, in Paris. Robert Levitt, founder and chief investment officer said: “We will be bringing a whole new type of service to France. They have no separate accounts, only funds or money managed by banks. We are breaking the mould by bringing US investment style management to Europe. Our particular focus on absolute returns and a global perspective are unique to this region. Not only do we invest globally, but we have clients globally and now offices to support those clients in Europe.” Levitt Capital Management is an SEC registered investment advisor founded in 2000 by Robert Levitt. It manages $400 million for wealthy families throughout the world with a $3 million minimum of investable assets. It specialises in managing global portfolios for clients invested in global stocks purchased on foreign and domestic stock exchanges with the goal of absolute positive returns.