Victoria Capital Relaunches With Barclays Wealth’s Maizels As MD

Oct 5 2011 | 10:06am ET

A former family office has restyled itself as a financial advisory business and lured a Barclays Wealth director to help run it.

Victoria Private Investment Office was founded (as Victoria Capital) in 2003 to manage the wealth of the UK’s Scanlon family—one of the names behind the Fosters brewing business. Following a successful management buyout, it is now owned by management, including founders Phillip Russell and Inno van den Berg.

As a sign of their intention to “take the firm’s services to a wider market,” they’ve tapped Heather Maizels as managing director. A barrister by training, Maizels gained market experience at UK merchant and US investment banks before joining Barclays, where she built the private banking business before taking it into Barclays Wealth. Maizels was also a member of the Barclays Wealth advisory board.

In a statement announcing the relaunch, the firm says it provides “objective, informed and impartial advice on investment portfolios to individuals, families, trustees and charities and also provides high level personal management of segregated portfolios on a discretionary basis.”

The firm says it has no asset bias and its co-founders have expertise across “all asset classes including currencies, which are seen as an increasingly important area of risk and return.” Victoria Private Investment Office offers investment analysis and advice to clients looking to take significant stakes in unquoted companies and also managed accounts, giving professional and fiduciary clients access to institutional pricing.

Said Russell, “Heather brings market presence and has continuous experience of clients, in particular families with business and charitable interests, who value a highly personal approach and are now increasingly frustrated that the independent advice they crave, and the investment returns they seek, are very difficult to find. Heather shares our view that this is a growing need and is the marketplace for Victoria Private Investment Office.”
 


In Depth

Dillon Eustace: The Advantages of ICAVs

Feb 11 2016 | 7:51pm ET

As the growth of alternative investment vehicles continues, global asset managers...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedging Against Reputational Risk in the 21st Century

Feb 12 2016 | 7:18pm ET

For investors, the first step in researching a new fund or manager is to google...