SOMERSTON - Key Persons


Alex Ohlsson

Job Titles:
  • Member of the Group Executive Team
  • Director and Legal Advisor
  • Managing Partner of the Jersey
Alex is the managing partner of the Jersey office of the leading offshore law firm, Carey Olsen. He specialises in corporate and finance law. He is recognised as a key individual in his practice area by Chambers legal directory and is ranked in the top tier of corporate lawyers in the Jersey Legal 500 directory. Alex has substantial experience in corporate and property finance, mergers & acquisitions and capital market transactions. Alex has been a Somerston Board member for over 20 years.

Allan Chapman

Job Titles:
  • Executive Director
  • Member of the Group Executive Team
Allan joined Richard Ellis in 1974 where he qualified as a member of the Royal Institute of Chartered Surveyors. After working in London, Chicago and Vancouver, Allan moved to San Francisco where he set up Somerston's North American operations. Allan has extensive property development experience having led major projects in the land development, retail, office, hotel, industrial and telecom sectors. In 2004, Allan led the team responsible for the contribution of the Somerston Group's data centre assets into Digital Realty Trust (NYSE: DLR) as part of its IPO.

Bill Scott

Job Titles:
  • Cambay Director, US CFO
Prior to joining The Cambay Group at its founding in 1990, Bill served as Controller for a number of real estate companies, including those engaged in homebuilding, golf course development, commercial development and commercial property investments. Bill has full responsibility for financial reporting, budgeting and cash flow for all of The Cambay Group's operations. He is actively involved in the acquisition, project management and disposition activities of the Group. Bill holds a degree in Accounting from the University of San Francisco.

Jon Rees

Job Titles:
  • Member of the Group Executive Team
  • Non Executive Director
Jon joined Andersons in 1974 and qualified as a Chartered Accountant before transferring to their Vancouver Office in 1975. Jon left Andersons in 1977 to go into industry and has since accumulated over 40 years experience in senior positions within the real estate industry. Jon's particular areas of expertise include finance raising through public equity offerings, syndications and bank financing, as well as managing corporate re-organisations and restructuring. Jon has been a NED on Somerston's Board since 2004.

Nick Wakefield - Chief Investment Officer

Job Titles:
  • Chief Investment Officer
  • in - House CIO for Somerston Treasury
Nick is the in-house CIO for Somerston Treasury, and Managing Director of Somerston Asset Management Limited. He is also actively involved with the management of the Group's ventures portfolio. Nick has over 20 years investment experience and previously managed the award winning top ranked Ashburton Asset Allocation Fund and Ashburton Global Equity Fund. Nick has been a CFA and CMT chart holder for over 10 years.

Steven Stegenwalner - CFO

Job Titles:
  • Chartered Accountant
  • Chief Financial Officer
Steve Stegenwalner is a Chartered Accountant with over 25 years operational experience in a professional services environment. Having qualified with Ernst and Young, Steve joined Carey Olsen in 1996 (then Olsen, Backhurst & Dorey). Steve left Carey Olsen in 2004 to head up the family office of the Somerston Group. Steve continues to act as Chief Financial Officer to the wider Group and is, in particular responsible for the management of the Group's Treasury assets which, owing to the success of the Group, have become substantial.

Susan Dell

Job Titles:
  • Director
  • Member of the Group Executive Team
  • Board Director for River Islands
Susan is currently Board Director for River Islands, a mixed use master planned community in California with 4,800 acres, projected 11,000 homes, a business park, and nine schools.

Tracy Clarke - COO

Job Titles:
  • Chief Operating Officer
Tracy has spent most of her career in Asset and Wealth Management, having previously worked 10+ years for a European Bank in both Jersey and Zurich. Tracy joined Somerston Group in 2016 and was appointed as Managing Director of Carlton Management, the licensed Trust Company Business through which the family office is administered, and as Chief Operating Officer to the wider Group. Tracy is a Fellow of the Institute of Chartered Accountants in England and Wales and holds the CISI Investment Advice Diploma.