Key Takeaways
- • Victoria Matthews, managing director and head of UK family offices at BlackRock, has quietly left the firm, according to Spear's Magazine, with no public announcement from BlackRock.
- • BlackRock has not named a successor; Matthews' responsibilities are reportedly being handled by the broader UK family office team for now.
- • Matthews had described BlackRock's average family office client as holding around $750 million in assets under management and seeking 'institutional-quality solutions'.
- • Her next destination is not yet known, and her LinkedIn profile still listed BlackRock as her employer at the time of writing.
Summary
The head of BlackRock's UK family office division has quietly left the firm, Spear's Magazine reported. The departure of Victoria Matthews, whose title was managing director and head of UK family offices at the $14 trillion asset manager, has not been publicly announced. BlackRock has not named a successor to lead its UK family office coverage, and it is understood that her responsibilities are being handled by the broader team in the interim.
Matthews was a prominent figure in the UK family office ecosystem. In an interview with Spear's last year, she said BlackRock's average family office client had around $750 million in assets under management and was seeking 'institutional-quality solutions'. She also highlighted 'alternative alternatives,' novel asset classes such as music royalties and life insurance, where returns are not tied to public market performance, adding that 'there are very few players that have the scale of resources to be able to do all of that.'
At the time of writing, Matthews' LinkedIn profile still listed her current role at BlackRock, and it is not yet known where she is headed next. BlackRock declined to comment on the departure, and Matthews did not immediately respond to a request for comment.
Matthews was a prominent figure in the UK family office ecosystem. In an interview with Spear's last year, she said BlackRock's average family office client had around $750 million in assets under management and was seeking 'institutional-quality solutions'. She also highlighted 'alternative alternatives,' novel asset classes such as music royalties and life insurance, where returns are not tied to public market performance, adding that 'there are very few players that have the scale of resources to be able to do all of that.'
At the time of writing, Matthews' LinkedIn profile still listed her current role at BlackRock, and it is not yet known where she is headed next. BlackRock declined to comment on the departure, and Matthews did not immediately respond to a request for comment.
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