Pippa Middletons boyfriend Nico Jackson is taking a job in Switzerland: ruh roh?

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This story has been circulating for nearly a week, but I swear I just saw it for the first time a few days ago. So, sorry if this is old news to you! Pippa Middleton and Nico Jackson have been together for… a while. I’m thinking about a year and a half, at least by my estimates. There were rumors, on and off, that Nico and Pippa would get engaged or were secretly engaged and waiting to announce it in a blaze of thunder-stealing glory. But none of that ever happened. And so now something unexpected has happened: Nico is getting the hell out of Dodge (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 Miss 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 Mr Jackson, 35, is leaving his role at Deutsche Bank next month to join Jabre Capital as an investment manager in Geneva. The $2 billion (£1.6 billion) 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. Mr Jackson was spotted with Miss 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.”

[From The Standard]

What are the theories on this? I have a few.

Theory #1: All is as reported. Pippa and Nico are fine and they’ll do the long-distance thing and it will all be great.

Theory #2: Nico wants out. He got what he needed out of his association with the Middleton family and he’s moving on greener pastures. He doesn’t want to marry Pippa and he will break up with her as soon as they’ve given the long-distance thing a “chance” for about two months. This will lead to “poor Pippa” stories and she’ll get to be, like, England’s “Perpetual Aniston” – a Miss Lonelyhearts figure, always unlucky in love.

Theory #3: Pippa wants out and she’s happy to see Nico go. Pippa wants to move on to bigger and better things. Perhaps she’s even planning a move to America. Which would be a mistake – her celebrity power is greatest in London. Despite what Matt Lauer thinks, America isn’t going to roll out the red carpet for Pippa.

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Photos courtesy of Fame/Flynet and WENN.

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