Experienced Real Estate Advisor
to Help Asian Families Diversify Assets across the Globe
CHINA - Media OutReach - 8 November
2018 - LJ Partnership (rebranding as Alvarium
Investments in Q1 2019), an independent investment firm
advising institutional and private clients that currently supervises US$15bn in
assets, today announced the appointment of Neill O'Brien as a Managing
Director. He joins LJ Partnership's wholly-owned investment and advisory subsidiary,
Guggenheim Investment Advisors (Hong Kong) Limited ("GIA (HK)"), which was acquired
by LJ Partnership in 2016. The appointment comes shortly after a significant
investment by Dilmun, the New York-backed family office originally from the
Gulf, which acquired a 40% stake in LJ Partnership in July 2018.
Mr. O'Brien has more than 10
years of experience in real estate advisory, counselling Asian real estate
clients on acquisitions, dispositions, JVs, debt and equity raising, as well as
leasing and ownership strategy. Based in
Hong Kong, his real estate advisory expertise complements GIA HK's existing
asset management capability and will be instrumental in driving LJ Partnership's
growth in Asia.
Alexander de Meyer, CEO of LJ
Partnership, said: "We are delighted that Neill -- a seasoned regional real
estate advisor -- is joining GIA (HK) as a Managing Director. This comes at a time that we are expanding
our footprint in the Asia-Pacific region.
Neill will be a strong addition to the specialist advisory team matching
long term capital to proprietory deal flow."
Neill O'Brien, the new Managing
Director at GIA (HK), said: "I am very pleased to be joining LJ Partnership's
real estate advisory and investment business in Asia. Capitalising on the Group's
well-established platform, international network of real estate operators and
impressive investment track record, I look forward to introducing Asian
investors to a range of diversified direct and co-investment opportunities
across the globe; and to further contributing to LJ Partnership's expansion in
Building on its diversified
global shareholder base and solid track record, LJ Partnership is looking to manage
a greater share of the growing pool of Asian wealth and help investors to look
for co-investment and direct investment opportunities globally. LJ Partnership partners
with real estate operators, each with a specific real estate specialization
ranging across residential, commercial and hotels/hospitality areas. To date,
it has invested over £2.2 bn ($3bn) of equity, primarily in real estate, and
its realised track record shows a net IRR of 25%.
Andrew Williams, Co-Founder and
Co-Chairman of LJ Partnership, who has recently relocated from London to Asia-Pacific
to drive the Group's growth said: "We are striving for further growth in Asia-Pacific
and are actively looking for opportunities, in terms of talent and M&A, so
as to extend our global presence. This has been recently demonstrated by our
acquisition of a stake in boutique investment manager New Zealand Assets
Management Ltd (NZAM) and by our recruitment of senior hires in Singapore and Australia."
LJ Partnership also recently announced
an investment in Lepe Partners. The Group will collaborate with Lepe Partners
to create a merchant bank for the millennial generation, under the Alvarium
brand, with a focus on media, consumer and technology sectors.
About LJ Partnership
LJ Partnership is an independent investment
firm 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) merchant
banking advisory; and (4) fiduciary and family office administration.
The firm currently supervises $15bn in assets
in Europe, Asia and the Americas and employs 200 staff at nine offices, located
in London, New York, Miami, Hong Kong, New Zealand, Geneva, Lisbon, Mauritius
and the Isle of Man.
LJ Partnership will
rebrand as Alvarium Investments in Q1 2019.