Press Release: Blu Family Office Appoints New CEO
Richmond based Blu Family Office Ltd (Blu) has strengthened its management team with the appointment of Nick Rees, who starts as Chief Executive Officer today.
Nick joins Blu after spending 14 years at alternative asset manager Absolute Return Partners (ARP), where for the last 3 years he was Managing Partner. During his time at ARP, the business grew from being a niche alternatives advisor to becoming a trusted institutional advisor with a best-in-class independent fund research process. Prior to joining ARP in 2004, Nick worked at investment bank Goldman Sachs for more than 4 years.
Commenting on his appointment, Christian Armbruester, Blu Founder and Principal, noted: “Nick and I have worked very closely together for more than three years and I am very excited to be adding his pedigree and expertise to the team. He brings with him a wealth of management experience and investment knowledge, particularly in the private lending markets, which will strengthen and broaden our capabilities. Foremost, Nick will be running and developing the business, which will allow the other principals to focus on investments and family advisory."
Nick adds: “To run a multi-family office such as Blu was an opportunity I couldn’t give up. Too often have I seen families receive poor advice from professional advisors who are not aligned with their clients’ interests. What attracted me to Blu was the integrity of the offering, by investing our assets alongside those of our clients. Foremost, though, I believe in our approach to risk management and our investment philosophy which is a truly unique. I am excited to be working alongside the Blu team as we build and expand the business across Europe."
Notes to Editors
About Blu Family Office Ltd
Blu Family Office was founded in 2010 to manage the assets and affairs of a single family. Since then, we have broadened our mandate to help others invest, grow, protect and pass on wealth to the next generation. The principals are members of business families and have first hand, multi-generational experience in investing, trading and wealth management.
Tom Tardif: +44 (0)208 166 1223 or firstname.lastname@example.org