Russell O’Brien, former senior director at FLAG Capital Management, and Chris DeMeo, former head of investments for the Americas at Towers Watson, have formed investment consulting firm Nu Paradigm Investment Partners. Nu Paradigm will provide strategic advice, implementation of certain asset classes and full portfolio outsourcing.
Nu Paradigm Investment Partners, LLC, a new investment firm created as an alternative to the current landscape of “oCIO” providers, was launched today by investment industry veterans Chris DeMeo and Russell O’Brien. The two build on more than 50 years of combined experience to create a firm structured to address common industry complaints, and better help clients achieve the success that they and their beneficiaries deserve.
“Volatile markets, fiduciary concerns and limited internal resources are driving investors to seek better implementation, but providers in the market struggle to meet this challenge due to their complex internal structures, restrictive business models and outdated products,” said DeMeo most recently Head of Investment, Americas at Towers Watson. “Investors have learned that outsourcing is not a panacea when it delivers generic solutions without respect to the client’s specific culture and needs. Nu Paradigm changes that.”
Distinct in the marketplace, Nu Paradigm employs a nimble, flexible approach that ensures timely implementation and adaptability to changing markets without constraints or preconceived notions on how to best solve clients’ problems. This flexibility enables engagements ranging from strategic advice, to implementation for certain asset classes, to full portfolio outsourcing. The approach makes it possible for Nu Paradigm to focus on each client’s toughest challenges—the areas where the firm can have the greatest impact—regardless of asset size or investor type.
“Our approach, combined with our ability to source proven managers, ensures strategic alignment and allows us to deliver an individually-tailored solution, every time,” said O’Brien, most recently Senior Director at FLAG Capital Management. . “We look beyond obvious answers to bring creative solutions and new investment opportunities that efficiently deliver sustainable alpha while lowering and controlling portfolio costs, improving risk management, and enhancing diversification.”
Nu Paradigm clients stand to benefit from the Partners’ global, multifaceted experience in capital markets and investment management, including both traditional and alternative investments. They have provided investment counsel and portfolio implementation to corporate and public retirement plans, family offices, endowments, foundations, insurance companies and RIAs with assets ranging from $10 million to $50 billion, including Fortune 500 companies.
Russell P. O’Brien
Russell has over 27 years of experience in the investment management industry as both a manager and individual contributor. Prior to co-founding Nu Paradigm, O’Brien was Director and Senior Member of the business development and investor relations unit at FLAG Capital Management, a private equity firm offering a diverse array of private capital market exposures. Prior to that, he was Managing Director, Head of Institutional Sales & Consultant Relations – North America at Nexar Capital, a hedge fund established by the former team of Société Générale.
Before Nexar, O’Brien was Director of Alternative Investments for Russell Investments U.S. Institutional Investor Services, where he was responsible for providing institutional clients with advice and solutions regarding their exposure to private equity, hedge funds, and real estate. Prior to this, he was Director and Head of Institutional Sales & Marketing, North America, Portfolio Transition Services for Credit Suisse.
O’Brien also previously held positions at David L. Babson & Co. and State Street Global Advisors, where he was part of the original team that formed SSgA’s Advisory Strategies Group.
Russell is an attorney and is Series 65 and 63 registered and has also passed the Series 7, 9, and 10 exams. He is a graduate of Suffolk University Law School where he was awarded his J.D. and is also a graduate of Tufts University where he earned a B.A. in Social Psychology. He is a member of the New England Employee Benefits Council and the Massachusetts Bar Association.
Chris DeMeo, FSA, CFA
Chris has 24 years of experience in investment management, capital markets and consulting. Before co-founding Nu Paradigm, DeMeo was Head of Investment, Americas at Towers Watson, and was responsible for leading the Americas investment business which had more than 200 clients with over $600 billion under advisement and $20 billion in oCIO. He was responsible for developing and implementing investment solutions for a number of the firm’s major clients, including strategic asset allocation, portfolio construction and alternative investments.
Prior to Towers Watson, DeMeo was Director, Investment Strategy at Russell Investments where he led the team that delivered investment strategies for retirement plans, foundations & endowments, operating assets and insurance companies. Previous roles included Director, Retirement Capital Solutions at Merrill Lynch where he advised numerous Fortune 500 retirement plan sponsors on developing and implementing innovative investment solutions; and Vice President, Global Structured Products at Bank of America where his team developed and marketed fixed-income structured solutions for the institutional retirement and insurance markets.
Chris earned a B.A. in Mathematics and Philosophy from Syracuse University. He is a Fellow of the Society of Actuaries (FSA) and a Chartered Financial Analyst (CFA) charter holder. He also regularly presents at investment industry conferences on a wide range of topics including strategy, risk management and alternative investments.
About Nu Paradigm Investment Partners
Nu Paradigm Investment Partners is an investment firm built to help investors solve their toughest portfolio challenges and achieve the success that they and their beneficiaries deserve. The firm enters every relationship without preconceived notions to ensure alignment with our clients, employing a collaborative, flexible approach to neutralize common obstacles that hinder a true partnership. Nu Paradigm delivers individually-tailored solutions that can range from strategic advice, to implementation for certain asset classes, to full outsourcing – all with a strong emphasis on reducing total costs.
For more information, visit www.nupinv.com.