Evening Standard/London
Pippa Middleton’s relationship is about to turn long-distance, with her stockbroker boyfriend quitting his job in the City to work for a hedge fund in Switzerland.
Nico Jackson, who has been dating the duchess of Cambridge’s younger sister for nearly two years, is heading to Geneva to take up a new challenge, the Evening Standard has learned.
The move comes amid growing speculation that he and Middleton are about to get engaged.
A source close to the couple, who were seen smiling and walking hand in hand at Wimbledon last week, told the Standard: “They are very much an item, their relationship is very strong and they are happy together.”
City insiders say Jackson, 35, is leaving his role at Deutsche Bank next month to join Jabre Capital as an investment manager in Geneva.
The $2bn hedge fund was set up by Beirut-born businessman Philippe Jabre.
He previously worked at the UK-based hedge fund GLG Partners, where he was fined £750,000 for market abuse by the City regulator in 2006. At the time it was the largest ever fine given to an individual.
Jabre Capital’s founding partners include Dr Mark Cecil, a close friend of the duke and duchess of Cambridge, whose writer wife Kate helped Miss Middleton, 30, on her book Celebrate.
The Cecils have entertained both couples at their holiday home on the island of Mustique. Jackson was spotted with Middleton for the first time at the opening of a nightclub in Berkeley Square in September 2012. Last year his mother Ulrike, who runs a ski and sportswear shop with her husband Martyn in Folkestone, Kent, spoke about the couple. She said: “We’re very pleased. They are happy, and that is all that matters. As long as my children are happy, then I am happy.”
She declined to comment when the Standard contacted her today about her son’s move.
Middleton has previously dated investment banker James Matthews and former England cricketer Alex Loudon.
Deutsche Bank and Jabre Capital declined to comment.
Pippa Middleton and Nico Jackson together at Wimbledon.