Fiddich Review Centre
Alternative Investment

Investment advisors Albourne moving Norwalk offices to Stamford

STAMFORD — Investment advisory firm Albourne announced this week that it would move its Connecticut offices from Norwalk to Stamford.

After 10 years in Norwalk’s Rowayton section, the firm has decided to relocate to the Harbor Point complex in Stamford’s South End, where it has leased 7,345 square feet in the six-story building at 100 Washington Blvd. The firm plans to take occupancy on Jan. 1 of its new offices, where about 50 employees will be based.

Colliers’ Executive Managing Director Jeffrey Williams, Director Hollis Pugh, Senior Vice President Kevin Colombo and Senior Associate Michaela Lalanne represented Albourne in the deal. In-house brokers Leslie Whatley and Drew Steinberg represented the owner, Building and Land Technology, which is also the developer of Harbor Point.

“Stamford continues to be one of Connecticut’s most desirable locations for businesses and we are pleased that we were able to assist Albourne America in finding a location in close proximity to multiple means of transportation,” Williams said in a statement, in a news release. “Harbor Point is a contemporary live-work-play neighborhood that is in high demand by tenants, and we know Albourne will love it there.”

Albourne partner, portfolio analyst and head of the U.S. region Andrew McCulloch said in a statement that, “Colliers have been great to work with, and we very much look forward to enjoying the new location.”

A message left for Albourne seeking additional information about why it decided to relocate its Norwalk offices to Stamford was not immediately returned.

In addition to Connecticut, Albourne also has offices in San Francisco; London; Toronto; Tokyo; Hong Kong; Munich; Singapore; Hamilton, Bermuda; Manama, Bahrain; and Nicosia, Cyprus. In total, it employs nearly 600 people.

Albourne was started in London in 1994 as an independent adviser specializing in alternative assets. The firm has more than 300 clients including public and corporate pension plans, endowments, foundations, family offices and sovereign wealth funds, which cumulatively have more than $650 billion invested in alternative assets.

“Albourne’s mission is to empower our clients to be the best investors that they can be, by providing advisory services, research, implementation support and data, news and analytics,” the firm says on its LinkedIn page.

In the past couple of years, several other firms have signed leases at 100 Washington Blvd. and the neighboring building at 2200 Atlantic St., with the latter property also owned by Building and Land Technology. Those other newcomers include ITT, Oak HC/FT, Tomo Networks, NewEdge Wealth, Schonfeld Strategic Advisors and Altus Power.

pschott@stamfordadvocate.com; twitter: @paulschott

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