Private asset fundraises boost Gresham House AUM growth in H1

Over £300m raised

Gresham House has grown its assets under management by 11% to £7.3bn in the first half of the year, as it completed private asset fundraises totalling over £300m over the period.

So far this year, the group has completed a £150m oversubscribed fundraise for Gresham House Energy Storage fund in May, while the group's affordable housing funds raised £80m, according to a trading update.  Gresham House Residential Secure Income raised £65m in commitments over the period, with an additional £15m equity capital raised by Residential Secure Income. The Gresham House Forestry Fund VI held a first close with institutional commitments of £75m.  The group also saw net inflows of £70m into its open-ended equity funds in the first half of the year, as well as £70m raised f...