New Manchester HQ for The Blackmore Group

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Phillip Nunn, Chief Executive, The Blackmore Group

Investment company The Blackmore Group has moved to new headquarters in Manchester city centre which gives it scope to grow its team.

Blackmore has relocated from Albion Wharf to 2 Mount Street, a 15,000 sq ft listed building which has been refurbished by owner LJ Group and is run by Headspace Group as a co-working, office and events hub.

Blackmore has taken offices on the fourth floor with room to expand its workforce as the business grows.

Chief executive Phillip Nunn is based there along with four other directors and 10 administrative and support staff.

Mr Nunn and Patrick McCreesh founded Blackmore in 2013. They jointly have more than 25 years’ financial services experience and have grown Blackmore into a business with £30m of assets under management.

Blackmore has a suite of investment products across multiple asset classes aimed at individuals and institutions in the UK and overseas.

It focuses on medium to long-term investments in traditional funds, equities, property, private equity and renewable energy.

Last year it launched the Blackmore Bond to fund residential and commercial property development projects. The bond offers investors a fixed return over a term of four or five years.

Blackmore’s pipeline of investments for its bond clients ranges from derelict churches to large, flagship city centre residential sites.

Mr Nunn said: “Our new premises give us the scope to accommodate further growth for The Blackmore Group and will enable us to develop relationships with other businesses through the collaboration space provided by Headspace, which is great for networking and events, with a push on technology and innovation.

“This environment fits well with our own forward-thinking ethos and ambitions as we develop our brand and provide impetus to the Northern Powerhouse through our investments.

“These are exciting times for The Blackmore Group as we seek investment opportunities in up-and-coming businesses with a focus on property, renewable energy and financial technology.”