Alternative asset manager Gresham House has appointed Richard Staveley as Managing Director in its Strategic Public Equity team, effective immediately.
With over two decades of fund management experience, Staveley joins Gresham House from Majedie Asset Management, where he spent six years running small companies’ investments within the Group’s flagship UK equity offering.
Prior to this, he was a Founding Partner of River and Mercantile Asset Management, responsible for the top quartile-performing UK Small Company and UK Income Funds and helped to grow assets under management to over GBP2 billion. He has also served as Head of UK Small Companies at Société Générale Asset Management.
In this newly-created role, Staveley will work alongside Graham Bird with the existing team, which will operate within the joint venture between Gresham House and ASI. Staveley will act as co-fund manager of funds within Gresham House’s Strategic Public Equity division.
Tony Dalwood, Chief Executive Officer at Gresham House, says: “We see significant investment opportunity and growth ahead for Strategic Public Equity, particularly after the joint venture with Aberdeen Standard Investments. We are thrilled to have secured an investment professional of Richard’s calibre and shared investment philosophy to bolster our award-winning team. I look forward to working with him in this specialist investment area.”
Staveley adds: “I am very pleased to be joining such a dynamic and entrepreneurial team. Gresham House’s Strategic Public Equity offering allows investors to access outstanding investment opportunities in UK small companies that are too often overlooked by the wider asset management sector.
“The current UK investment climate, with the backdrop of Brexit and continued fallout from MiFID II, has created a raft of opportunities for truly long-term investors. Gresham House is well-placed to meet their needs and I look forward to contributing to the future growth of the company.”
