Monday, August 12, 2024

"James Dyson’s Family Office Names New CIO for $18 Billion Empire"

From Bloomberg, August 8:

  • Jane Simpson is promoted from deputy role at Dyson’s Weybourne
  • She joins a growing number of women in top family office jobs

British billionaire James Dyson’s family office promoted Jane Simpson to run its financial investments unit, making her one of the top female money managers for the world’s super-rich.

Simpson recently took over as Weybourne’s chief investment officer following the departure of Bjorn Thelander, 59, who previously held the role, according to people with knowledge of the matter, who asked not to be identified as the details are private.

Simpson, 54, formerly served as deputy CIO at Weybourne, which oversees holdings spanning hedge funds, venture capital and real estate.

A representative for Dyson — the UK’s richest person with a net worth of about $17.9 billion, according to the Bloomberg Billionaires Index — declined to comment on the staffing changes.

Simpson joins a growing number of female professionals taking on top roles at family offices.

Former Foresite Capital executive Alisa Mall was hired in 2022 to oversee Michael Dell’s assets, while Sergey Brin’s family office recently hired Rachel Teo, the former head of sustainability for Singapore’s sovereign wealth fund, to manage green investments. A group of female Credit Suisse veterans is also helping usher in a new era at a family office for Europe’s Opel dynasty....

....MUCH MORE