Alvarium boosts global expansion plans with high profile appointments and significant investment from US based family office

The CFA Society New Zealand 2019 ‘The AlteЯnatives’ Conference will be taking a close look at Alternative Investments. Part of the agenda will cover Real Assets including a keynote from Andrew Williams (Partner and Co-Chairman of Alvarium).  

LJ Partnership, the London-headquartered private wealth and real estate partnership, rebranded to Alvarium in February 2019, and announced two significant appointments as part of its global expansion plans. Ken Costa, formerly Chairman of Lazard International, Global Head of M&A at UBS and Chairman of Europe, Middle East and Africa at UBS Investment Bank, and Ali Bouzarif, the former Head of Investment Execution at the Qatar Investment Authority and former non-executive director of Heathrow Airport, Canary Wharf (formerly Songbird Estates), American Express GBT and Accor, will become Partners and shareholders in the Group, which currently supervises in excess of £11bn ($15bn) of assets on behalf of individuals, family offices, foundations and charities. These high-profile appointments are accompanied by an equity investment from Dilmun, a New York based family office originally from The Gulf, which has acquired a 40% stake in the business.

Co-Chairman Andrew Williams is currently focused on driving the firm’s growth in Asia and Australasia, with a new office opened in Auckland and others planned for Singapore and Sydney. Strategic partnerships in New Zealand have already been struck with New Zealand Assets Management (NZAM) and Pathfinder Asset Management.

Nick Howell