Grosvenor Fund Management (GFM) has appointed Bruce M Ambler, Jr as chief operating officer for its Philadelphia-based US operation.
He reports to Robert Davis, GFM’s London-based global COO, and to Alexia Gottschalch, chief executive of GFM’s US arm.
Ambler (pictured) 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. Previous employers include Lehman Brothers International Europe (London), Munich-based HVB (New York), Banc of America Securities (Charlotte, NC), and NationsBank (Baltimore, MD).
“I am delighted that Bruce is joining our team,” says 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."
Gottschalch says: “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.”