Gresham House plc (LON:GHE), the specialist alternative asset manager, has today announced that it has received formal approval from the FCA for the proposed acquisition of FIM Services Limited by its wholly owned subsidiary, Gresham House Holdings Limited, as set out in the announcement of 2 May 2018.
Gresham House is a specialist alternative asset manager providing funds, direct investments and tailored investment solutions including co-investment across a range of highly differentiated alternative investment strategies. Incorporated in 1857, Gresham House is one of the oldest companies in London still operating today. In December 2014, a new management team set out to transform the former property focused investment trust into a specialist asset management business. The vision was to build a business whereby the Group would become an ‘asset to covet’, generating shareholder value through delivering sustainable and superior investment performance, quality service provision alongside non-financial returns. To create a culture of empowerment, in which individual flair and entrepreneurial thinking is encouraged.