Shadmoor Advisors, an operational due diligence (ODD) provider for the alternative investment community, has appointed David Umbricht as Managing Director, responsible for operational due diligence coverage across all investment strategies.
Bringing two decades of financial markets, operational and trading experience to Shadmoor, Umbricht has worked with a broad range of organisations including a family office, a major fund of funds, a private bank in Europe and a commercial real estate firm.
“As the role of ODD in recognising potential business risks has become more central to the asset allocation and ongoing portfolio management process, I am excited to join the Shadmoor team and share many years of accumulated experience with our expanding client base,” says Umbricht, Managing Director, Shadmoor Advisors.
“Shadmoor provides allocators, placements agents, and investment managers with a senior level of experience through a consultative and customisable approach to operational due diligence that makes our offering unique. As our team now includes four persons, we have more capacity than ever before to deliver these types of services to a growing list of clients both in the U.S. and abroad,” says Michael Merrigan, Founder.
Umbricht’s professional experience spans two decades including increasingly senior roles with a family office, major fund of funds, private bank and commercial real estate property development/management firm. Prior to joining Shadmoor, he served as a portfolio manager for seven years with Turtle Creek Investment Advisors (family office) and spent the previous eight years with Allianz’s fund of funds, following three years with Citigroup private bank in Geneva, Switzerland. He began his career as a property manager for a commercial real estate firm in California. Umbricht is a CFA Charterholder and graduate of Boston College.
