Gresham House Strategic plc

Name
Gresham House Strategic plc
Manager
Gresham House Asset Management Ltd
Type
Closed Ended Investment Company
ISIN
GB00BYRH4982
Sector
UK Smaller Companies
Launched
10/08/2015
OCF
3.35 %
Risk Rating
5
3 Year Sharpe
0.72
3 Year Alpha
7.70
Yield
2.3 %
Benchmark
FTSE Small Cap Ex Invest Trust TR GBP
Fund Size
£ 38.4 million
NAV
1,304
Gearing
90
Discount Premium
-17
The company intends to invest the majority of its capital in a concentrated portfolio of between 10 to 15 smaller UK/European publicly traded companies typically with market capitalisations of less than GBP 250m and would typically expect a holding period of 3 to 5 years. It may also invest in interests in privately held companies, primarily in equity/equity-related instruments and also in preferred equity, convertible/non-convertible debt instruments. The company will seek to acquire influential block stakes (typically between 10% and 25%) for cash or share consideration. The company invests in assets that will typically have a number of the following characteristics: investments that can generate a 15% IRR over the medium to long term principally through capital appreciation and investments where the manager believes there are value creation opportunities through strategic, management or operational changes.
Holding %
IMImobile PLC 23.42 %
Northbridge Industrial Services PLC 12.77 %
Be Heard Group PLC 6.60 %
Mj Hudson 4.90 %
Augean PLC 4.90 %
Tax Systems PLC 3.62 %
Escape Hunt PLC 3.62 %
Centaur Media PLC 2.55 %
PCF Group PLC 2.34 %
Quarto Group (The) Inc 1.28 %
Region %
United Kingdom 97.91 %
Sector %
Technology 44.25 %
Industrials 28.92 %
Consumer Cyclical 23.00 %
Name
Gresham House Asset Management Ltd
Address
EC2N 2HE, London, United Kingdom
UCITS
No
Legal Structure
Closed Ended Investment Company

Managers

Tony Dalwood
Joined 11/09/2015

Tony is Chairman of the Board of SVG Investment Managers (SVGIM) and sits on SVGIM’s investment committees. He originally joined SVGIM in 2002 as Head of Public Equities and became Chief Executive of SVG Advisers in May 2009. Prior to joining SVGIM, he was a Director at UBS Global Asset Management, where he was employed for seven years. While at UBS, he was a member of the UK Equity Investment Committee and responsible for managing over £1.5 billion of UK equities.

Graham Bird
Joined 11/09/2015
Rupert Robinson
Joined 11/09/2015

Rupert became an investment director of Rothschild International Asset Management in 1994 after 10 years with the Rothschild group in London. Educated at Harrow, and a registered representative of the London Stock Exchange, Rupert specializes in international equity markets.

Data provided by Morningstar.

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