Experienced Real Estate Advisorto Help Asian Families Diversify Assets across the Globe
HONG KONG,CHINA - Media OutReach - 8 November2018 - LJ Partnership (rebranding as AlvariumInvestments in Q1 2019), an independent investment firmadvising institutional and private clients that currently supervises US$15bn inassets, today announced the appointment of Neill O'Brien as a ManagingDirector. He joins LJ Partnership's wholly-owned investment and advisory subsidiary,Guggenheim Investment Advisors (Hong Kong) Limited ("GIA (HK)"), which was acquiredby LJ Partnership in 2016. The appointment comes shortly after a significantinvestment by Dilmun, the New York-backed family office originally from theGulf, which acquired a 40% stake in LJ Partnership in July 2018.
Mr. O'Brien has more than 10years of experience in real estate advisory, counselling Asian real estateclients on acquisitions, dispositions, JVs, debt and equity raising, as well asleasing and ownership strategy. Based inHong Kong, his real estate advisory expertise complements GIA HK's existingasset management capability and will be instrumental in driving LJ Partnership'sgrowth in Asia.
Alexander de Meyer, CEO of LJPartnership, said: "We are delighted that Neill -- a seasoned regional realestate advisor -- is joining GIA (HK) as a Managing Director. This comes at a time that we are expandingour footprint in the Asia-Pacific region. Neill will be a strong addition to the specialist advisory team matchinglong term capital to proprietory deal flow."
Neill O'Brien, the new ManagingDirector at GIA (HK), said: "I am very pleased to be joining LJ Partnership'sreal estate advisory and investment business in Asia. Capitalising on the Group'swell-established platform, international network of real estate operators andimpressive investment track record, I look forward to introducing Asianinvestors to a range of diversified direct and co-investment opportunitiesacross the globe; and to further contributing to LJ Partnership's expansion inAsia-Pacific."
Building on its diversifiedglobal shareholder base and solid track record, LJ Partnership is looking to managea greater share of the growing pool of Asian wealth and help investors to lookfor co-investment and direct investment opportunities globally. LJ Partnership partnerswith real estate operators, each with a specific real estate specializationranging across residential, commercial and hotels/hospitality areas. To date,it has invested over £2.2 bn ($3bn) of equity, primarily in real estate, andits realised track record shows a net IRR of 25%.
Andrew Williams, Co-Founder andCo-Chairman of LJ Partnership, who has recently relocated from London to Asia-Pacificto drive the Group's growth said: "We are striving for further growth in Asia-Pacificand are actively looking for opportunities, in terms of talent and M&A, soas to extend our global presence. This has been recently demonstrated by ouracquisition of a stake in boutique investment manager New Zealand AssetsManagement Ltd (NZAM) and by our recruitment of senior hires in Singapore and Australia."
LJ Partnership also recently announcedan investment in Lepe Partners. The Group will collaborate with Lepe Partnersto create a merchant bank for the millennial generation, under the Alvariumbrand, with a focus on media, consumer and technology sectors.
About LJ Partnership
LJ Partnership is an independent investmentfirm advising institutional and private clients.
Built on a traditional merchant banking model,we provide investment and administration services through four key divisions:(1) investment management in public and private markets (discretionary,advisory and consulting); (2) direct investments in real assets; (3) merchantbanking advisory; and (4) fiduciary and family office administration.
The firm currently supervises $15bn in assetsin Europe, Asia and the Americas and employs 200 staff at nine offices, locatedin London, New York, Miami, Hong Kong, New Zealand, Geneva, Lisbon, Mauritiusand the Isle of Man.
LJ Partnership willrebrand as Alvarium Investments in Q1 2019.