Gresham House hires new Head of Wholesale Retail Funds
Gresham House, the specialist alternative asset manager, has hired Chris Elliott as Head of Wholesale Retail Funds, as the business looks to further strengthen its reach among UK discretionary and advisory investors.
LONDON, England, July 9 2021 (PRESS RELEASE) -- Chris Elliott (pictured) will lead the retail funds unit at Gresham House which will focus on developing and executing Gresham House's growth sales strategy across the wholesale retail funds business. He will work across the business's full range of open-ended and closed-ended strategies, with a particular focus on Gresham House's strategic equity funds.
Elliott joins from LGBR Capital, where he spent seven years as head of strategic partnerships, following a period as sales director. During this time, he oversaw AUM growth across the business's range of funds through the creation of distribution strategies, while managing the launch of new strategies from seed funding.
He previously worked as a business development manager at Matrix Asset Management, building the business's distribution capacity across the UK and Europe. Elliott also has experience working as a private wealth manager based in New Zealand for Goldman Sachs.
Rupert Robinson, Managing Director at Gresham House, said:
"Chris' experience in wholesale distribution will be invaluable as we look to extend the reach of our public and private equity funds offering. We are confident his expertise will enable Gresham House to deliver further AUM growth and market penetration by highlighting the strength of our full range of strategies, as well as the broader benefits alternative investments can bring to investors."
The appointment comes as Gresham House delivered strong growth as part of a five-year strategic plan, with AUM increasing by 42% to £4bn - including organic growth of £1bn - over the course of 2020. The business has also enhanced its international presence with the recent acquisition of Dublin-based Appian Asset Management.
"Gresham House has achieved impressive growth in recent years with sustainability and ESG considerations at the heart of their investment philosophy and culture. It's an exciting time to be joining the business.
"I look forward to building on the Company's exceptional track record to deliver further growth, and to bringing the Gresham House range of strategies to the wholesale market at a time where investment-led specialism is crucial."
About Gresham House
Gresham House is a specialist alternative asset manager, listed on the London Stock Exchange's Alternative Investment Market (AIM). We offer a broad range of funds, direct investments and tailored investment opportunities, including co-investment, across five alternative investment strategies. Our clients include individual investors, financial advisers, institutional investors, charities and endowments, family offices, and business owners.
The Gresham House name has a rich heritage as one of the oldest companies in London still operating today, having been first incorporated in 1857. In recent years, we have taken that pedigree and re-imagined the brand for a new age, focusing on alternative investments with a sustainable, positive impact.
From a standing start in December 2014, through a combination of acquisitions and organic growth, the Gresham House business has grown exponentially, with assets under management of £4.0bn as at 31 December 2020. This provides a strong and scalable platform from which we will to continue to grow.
Source: Investment Week