Gresham House establishes EU presence with acquisition of Irish boutique
Potential total consideration of €10m
Gresham House CEO Anthony Dalwood
Gresham House is set to acquire Appian Asset Management, an Ireland-based active manager, for a potential total consideration of €10m (£9m), subject to approval.
Appian manages a range of funds across equities, property, infrastructure and forestry across €330m assets under management (AUM), along with a normalised EBITDA of €0.4m. Tony Dalwood: How Gresham...
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