Lombard Odier's asset management arm has hired a new distribution team in London to cater to European family offices. The team will be led by a former Goldman Sachs banker.
Geneva-based Lombard Odier's investment arm wants to target family offices in Europe with customized services, the Swiss firm said in a statement on Tuesday. To do so, it is launching a family offices team from London.
Ex-Goldman Sachs and Lehman Brothers
Ahmed Husain, head of family offices in Europe, will lead the team. He will focus on single family offices with more than 1 billion pounds of net worth. Caroline Crochet (pictured below) also joins, reporting to Husain.
The team is reports to Carolina Minio-Paluello, head of sales and solutions globally. Husain joins from Altice Capital, the investment vehicle of Israeli-French billionaire Patrick Drahi, where he was a partner for two years.
Previously, Husain spent eight years at Goldman Sachs, where he was a managing director and tended to wealthy European clients and their family offices. He also spent seven years at Lehman Brothers, where he expanded the now-defunct American bank's business with structured corporate bonds.
Northern Trust Specialist
Crochet spent the last five years at Northern Trust, most recently as a client development manager for European family and private investment offices. She previously worked for a Dubai-based logistics company.
Lombard Odier's investment arm manages 45 billion Swiss francs in 13 offices in Europe, Asia, and North America.
