Gresham House has completed its acquisition of SUSI Partners, creating a combined energy transition infrastructure platform with expanded scale and international reach, the company said.
The integration increases Gresham House’s assets under management to £10.7 billion from £9 billion and extends its presence beyond the UK into continental Europe and Asia, the company added.
Former SUSI Partners chief executive Marco van Daele will lead the enlarged energy transition division. Gresham House said all SUSI employees have joined the combined platform and that existing investment strategies will continue under their current portfolio managers.
“This transaction is a major milestone for Gresham House, reinforcing our leadership in the energy transition and significantly expanding our global capabilities,” Tony Dalwood, chief executive of Gresham House, said in a statement.
Dalwood said the acquisition broadens the firm’s investment offering. “Integrating SUSI Partners enables us to offer investors a broader suite of differentiated equity and credit solutions and accelerates our ability to channel capital into the technologies powering global decarbonisation,” he said.
Van Daele said the combination brings together complementary businesses. “Joining forces with Gresham House brings together two highly complementary platforms with a shared ambition to lead the energy transition,” he said.
As part of the expansion, Gresham House has opened a new office in Frankfurt, led by Armin Sandhoevel as managing director for business development, the company said.
