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Lord North Street appoints de Fernando as CIO

Lord North Street has appointed Daniel de Fernando to the position of chief investment officer.

The new appointment will see the ultra high net worth private investment boutique strengthen its ties with Spanish private investment office MdF Achievers, as de Fernando will head up the combined investment teams for both firms.

Lord North Street said that de Fernando had played a key role at the company since Lord North Street became a shareholder in MdF Achievers in 2009.

The move follows the promotion of Olivia Hancock to the role of managing director at Lord North Street.

De Fernando was formerly global head of asset management and private banking at BBVA Group where he oversaw a team running more than $150 billion in assets under management. He previously worked at JP Morgan in New York and across Europe before moving across to head up investments for Europe, the Middle East and Asia for JPMorgan Private Banking.

He became a founding and managing partner of MdF Achievers in 2008, opening offices in Barcelona and Madrid.

Lord North Street co-founder, Adam Wethered, said: 'Having known and worked with Daniel for many years at JP Morgan and Lord North Street, I believe he is highly suitable for the task of developing our global investment capability.'

'He has played a key part in our process since we acquired a stake in MdF Achievers in 2009.  By combining our investment teams under Daniel’s leadership, Lord North Street will have a formidable capability with which to serve our international client base.'

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