Grosvenor Fund Management (GFM) has hired Bruce M. Ambler, Jr. as Chief Operating Officer for its Philadelphia-based US operations. In his new role he will report to Robert Davis, GFM's London-based global COO and to Alexia Gottschalch, CEO of GFM's US arm.
"I am delighted that Bruce is joining our team," commented 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."
Bruce Ambler is returning to the US from the United Arab Emirates, where he has worked with the Abu Dhabi Investment Authority since 2009, most recently serving as senior portfolio manager, real estate and infrastructure. Before joining ADIA in the UAE, he served in London as a director for Deutsche Bank AG, following stints with Lehman Brothers International Europe, Munich-based HVB, Banc of America Securities, and NationsBank in Baltimore.
Ambler received his Juris Doctorate (cum laude) from the University of Baltimore School of Law and was admitted to the Maryland State Bar in 1997.
"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," added Gottschalch.
The news of Ambler's hire comes on the heels of two other recent additions to the firm. Grosvenor has appointed Ryan M. Roberts as its asset manager, and Charles "Chip" Walters as its new CIO.