Gresham House, a specialist alternatives asset manager, has appointed Heather Fleming to the newly created role of Head of Institutional Business.
Fleming has over 20 years’ experience in the institutional arena, largely focussed on working with pension funds. She spent over seven years at Fidelity International, latterly as the Group’s Head of Institutional Distribution for UK & Ireland. Prior to this, she spent eight years at Capital International where she was responsible for client relationships in the UK, Denmark, and Iceland. Fleming’s career has also included roles at Danish investment manager, BankInvest, and NatWest Investment Management/Gartmore.
Fleming has an in-depth understanding of institutional investor requirements and boasts a strong network of pension funds, including local authority and corporate schemes, and global investment consultants.
At Gresham House, Fleming will work closely with the Head of Distribution, Michael Hart, who joined in June 2017. Heather’s initial focus at Gresham House will be the British Strategic Investment Fund (BSIF), but she will also be responsible for developing the Group’s broader institutional client offering and fundraising capability in the future.
The appointment is effective 1 June 2018. Fleming will be based in London and will report directly to Rupert Robinson, Managing Director, Gresham House Asset Management.
Robinson says: “We are delighted to have attracted someone of Heather’s calibre to lead our institutional business. She brings a wealth of experience and a strong network, and joins Gresham House at a particularly important time in our development following the recent acquisition of FIM and the expansion of our forestry and renewables businesses.”
Fleming adds: “I am very pleased to join Gresham House and look forward to working closely with the existing team to help drive institutional fundraising and deliver the next phase of growth. Local authority and corporate pension schemes are increasingly allocating more of their capital to alternatives assets, and Gresham House’s specialist alternative strategies are ideally placed to meet this demand by generating appealing returns in a cost-effective manner from illiquid investments including infrastructure, housing, forestry, private equity, and renewables.”