Grosvenor Fund Management (GFM) has appointed Bruce M. Ambler, Jr. Chief Operating Officer for its Philadelphia-based US operation. He reports to Robert Davis, GFM’s London-based global COO, and to Alexia Gottschalch, CEO of GFM’s US arm.
Mr. Ambler is returning to the US from the United Arab Emirates, where he has worked with the Abu Dhabi Investment Authority (ADIA) since 2009, most recently as Senior Portfolio Manager, Real Estate and Infrastructure Department. In this capacity, he was responsible for managing a portfolio consisting of direct real estate and indirect fund investments. Before joining ADIA, he served in London as a Director for Deutsche Bank AG. Previous employers include Lehman Brothers International Europe (London), Munich-based HVB (New York), Banc of America Securities LLC (Charlotte, NC), and NationsBank (Baltimore, MD).
Mr. Ambler holds a J.D. degree (Cum Laude) from the University of Baltimore School of Law and was admitted to the Maryland State Bar in 1997. He earned his B.S. degree in finance from Lehigh University.
“I am delighted that Bruce is joining our team,” commented Mr. Davis. “His business experience and his excellent financial and legal skills will be of great benefit to our clients and our team as we build our business in the US.”
Added Ms. Gottschalch: “Bruce’s breadth of experience in portfolio management, origination, and investments, combined with his proven ability leading and managing teams in the US, Europe, and UAE, will be a major asset to Grosvenor Fund Management as we continue to build out our platform.”
About Grosvenor Fund Management:
Grosvenor has worked with investors for over 50 years. GFM offers a range of sector and regional specialist property investment funds which aim to deliver attractive, risk adjusted returns. Operating from offices in China, France, Italy, Japan, Luxembourg, Spain, Sweden, Australia, the UK and the USA, we employ professionals with local knowledge and skills to execute our investment decisions. Aligning our interests with our partners and building long-term investor relationships is of paramount importance to us. As at 31 December 2011, Funds under Management were US$7.8bn with 69 investor partners in 28 property funds, club deals, and separate account mandates. Grosvenor Fund Management is part of the Grosvenor Group, which has proprietary investment and development businesses in the Americas, Europe and Asia Pacific. For further details, please see our Annual Report & Accounts available at www.grosvenor.com.