Real assets fund manager Gresham House has completed the £470m sale of the business to private equity firm Searchlight Capital.
Gresham House has been taken private after officially delisting from the AIM exchange this morning.
The asset manager has grown its assets under management to around £8.3bn from a standing start in December 2014. Its adjusted operating profit was £27.1m in the year ending 31 December 2022. It employed an average of 236 staff in the same period.
Start your free trial today
Your trusted daily source of commercial real estate news and analysis. Register now for unlimited digital access throughout April.
Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
