Lord North Street, a private investment office, is to extend its international private investment office network with the launch of Lord North Street Switzerland, a newly formed Swiss-based private investment office.
The company will be run by Sonia de Luca and Fabio Blom and will be subject to authorisation by the Swiss regulator.
Investment research and other services will be provided from London by Lord North Street Limited.
De Luca will be appointed as a director of Lord North Street Limited and play an important part in the management team comprising a growing number of professionals who will provide the firm with the next phase of succession required to build its business for the long term.
De Luca was for the last 13 years at JP Morgan Private Banking specialising in advice on strategic and tactical asset allocation, alternative investments, credit structuring and new client acquisition based in Geneva and Zurich. This was preceded by nine years of investment banking experience at JP Morgan covering a range of management support roles including project management and financial reporting.
Blom has for the last six years been responsible for strategic asset allocation and management at a single family office. His previous experience covered various investment management roles at Credit Suisse and prior to that at JP Morgan Private Bank.
Lord North Street’s international network already includes MdF Family Partners, based in Madrid and Barcelona, and MdF Private Investment Office with its presence in Latin America.
Olivia Hancock, managing director of Lord North Street, says: “The arrival of Sonia and Fabio in Switzerland will be a further extension to our international management team. It is evidence that ours is a compelling professional service model both for ultra high net worth individuals, families and trustees needing unbiased wealth management and for high quality professionals looking to join an organisation that provides this. Many of our clients are international and the service we provide has to reflect this.”